Shandong Pharmaceutical Glass Co (SHSE:600529) Preferred Stock: ¥0 Mil (As of Jun. 2026)

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SHSE:600529 Shandong Pharmaceutical Glass Co Ltd SHSE:600529
92 GF Score
Price ¥19.09
GF Value ¥23.47
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Shandong Pharmaceutical Glass Co Preferred Stock?

Shandong Pharmaceutical Glass Co SHSE:600529 -0.37% 92 Preferred Stock is ¥0 Mil as of Jun. 2026. GuruFocus rates SHSE:600529 with a GF Score™ of 92/100 and a GF Value™ of ¥23.47 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Preferred stock is a special equity security that has properties of both equity and debt. Shandong Pharmaceutical Glass Co's preferred stock for the quarter that ended in Jun. 2026 was ¥0 Mil.

The market value of preferred stock needs to be added to the market value of common stocks in the calculation of Enterprise Value. Shandong Pharmaceutical Glass Co's Enterprise Value for the quarter that ended in Jun. 2026 was ¥9,483 Mil.

In the calculation of book value, the par value of preferred stocks needs to subtracted from total equity. Shandong Pharmaceutical Glass Co's Book Value per Share for the quarter that ended in Jun. 2026 was ¥12.88.

Dividends paid to preferred stocks need to be subtracted from net income in the calculation of Earnings per Share (Diluted). Shandong Pharmaceutical Glass Co's Earnings per Share (Diluted) for the three months ended in Jun. 2026 was ¥0.26.


Shandong Pharmaceutical Glass Co  (SHSE:600529) Preferred Stock Explanation

When a company needs capital but does not wish to issue debt, they may sell preferred stocks to investors.

For instance, during the financial crisis of 2008, Goldman Sachs (GS) issued a combination of preferred stock and common stock options for $5 billion of capital to Warren Buffett’s Berkshire Hathaway (BRK.A)(BRK.B). In this deal, Berkshire Hathaway paid $5 billion for 10% cumulative perpetual preferred stock and warrants to buy 43.5 million shares of Goldman Sachs at $115 a share. Goldman Sachs bought back the preferred in 2010. Guess how much money Warren Buffett made in this deal in two years? Read How Much Did Warren Buffett’s Berkshire Hathaway (BRK.B) Make on Its Goldman Sachs (GS) Preferred Stock?

1. The market value of Preferred Stocks needs to be added to the market value of common stocks in the calculation of enterprise value.

Shandong Pharmaceutical Glass Co's Enterprise Value for the quarter that ended in Jun. 2026 is calculated as

2. In the calculation of Book Value, the par value of Preferred Stocks needs to subtracted from total equity.

Shandong Pharmaceutical Glass Co's Book Value per Share for the quarter that ended in Jun. 2026 is calculated as

3. Dividends paid to Preferred Stocks need to be subtracted from net income in the calculation of earnings per share.

Shandong Pharmaceutical Glass Co's Earnings per Share (Diluted) (EPS) for the three months ended in Jun. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Shandong Pharmaceutical Glass Co Preferred Stock Related Terms


Shandong Pharmaceutical Glass Co Preferred Stock Historical Data

* Premium members only.

The historical data trend for Shandong Pharmaceutical Glass Co's Preferred Stock can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Shandong Pharmaceutical Glass Co Preferred Stock Chart

Shandong Pharmaceutical Glass Co Annual Data
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Shandong Pharmaceutical Glass Co Quarterly Data
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SHSE:600529
92GF Score
Shandong Pharmaceutical Glass Co Ltd SHSE:600529
Preferred Stock is just one metric. See GF Score™, valuation, warning signs, and more.
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Shandong Pharmaceutical Glass Co Preferred Stock Calculation

Preferred Stock is a special equity security that has properties of both equity and debt. It is generally considered a hybrid instrument. Preferred stock is senior to common stock, but is subordinate to bonds in terms of claim or rights to their share of the assets of the company.

Preferred stock has priority over common stock in the payment of dividends and any payments received when a company liquidates.

Preferred stock comes in many forms. It can be:


Convertible or Non-Convertible
Cumulative or Non-Cumulative
Voting or Non-Voting
Callable or Non-Callable
Maturity Date or No Maturity Date

A preferred stock without a maturity date is called a perpetual preferred stock. These are relatively rare. A good example of perpetual preferred stock is the many series of Public Storage (PSA) preferred shares that trade on the New York Stock Exchange.

Before investing in preferred stock, it is important to know which of the above groups the stock belongs to. Is it convertible or non-convertible? Are dividends cumulative or non-cumulative?

It is also critical that an investor knows what bonds the company has in front of the preferred stock. Bondholders get paid first. So the decision to buy a preferred stock can be similar to the decision to buy a bond. But, remember, the preferred stock of a company with bonds is junior to those bonds.

Unless a preferred stock is convertible, the upside in a preferred stock investment is more limited than in a common stock investment. If a company doubles its earnings, it is usually under no more obligation to double the dividends paid to preferred shareholders than it is to double the interest paid to its bankers and bondholders.So preferred stock is very different from common stock.

Frequently Asked Questions Learn more about Preferred Stock →
What does a Preferred Stock of ¥0 Mil mean?
Shandong Pharmaceutical Glass Co (SHSE:600529) has a Preferred Stock of ¥0 Mil as of Jun. 2026. Preferred Stock represents the par value of a company's preferred shares. View historical data on Shandong Pharmaceutical Glass Co and its competitors.
Is Shandong Pharmaceutical Glass Co's Preferred Stock too high?
Shandong Pharmaceutical Glass Co's current Preferred Stock is ¥0 Mil. Overall, Shandong Pharmaceutical Glass Co has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shandong Pharmaceutical Glass Co's Preferred Stock compare to SW and PKG?
Shandong Pharmaceutical Glass Co's Preferred Stock of ¥0 Mil can be compared against companies in the Packaging & Containers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Preferred Stock for a Packaging & Containers company?
A good Preferred Stock depends on the Packaging & Containers industry context. However, Preferred Stock should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Preferred Stock mean?
A high Preferred Stock can signal that a stock is expensive relative to its fundamentals. Preferred Stock represents the par value of a company's preferred shares. View historical data on Shandong Pharmaceutical Glass Co and its competitors. Shandong Pharmaceutical Glass Co's current Preferred Stock is ¥0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shandong Pharmaceutical Glass Co stock overvalued right now?
Based on GuruFocus' analysis, Shandong Pharmaceutical Glass Co (SHSE:600529) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥23.47, compared to a current price of ¥19.09 — trading 18.7% below its estimated fair value. The current Preferred Stock is ¥0 Mil. Shandong Pharmaceutical Glass Co's overall GF Score™ is 92/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Preferred Stock calculated?
Preferred Stock is calculated from a company's financial statements. For Shandong Pharmaceutical Glass Co (SHSE:600529), the current Preferred Stock is ¥0 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Shandong Pharmaceutical Glass Co (SHSE:600529) Overvalued in 2026?

Based on GuruFocus' analysis, Shandong Pharmaceutical Glass Co stock appears to be undervalued. The current stock price of ¥19.09 is trading 18.7% below its estimated GF Value™ of ¥23.47. GuruFocus considers Shandong Pharmaceutical Glass Co to be Modestly Undervalued.

Key valuation signals for SHSE:600529:

  • Preferred Stock: ¥0 Mil
  • GF Value™: ¥23.47 vs. price of ¥19.09 (18.7% below fair value)
  • GF Score™: 92/100 with 4 warning signs

No single metric tells the full story. See the SHSE:600529 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shandong Pharmaceutical Glass Co Business Description

Address Yaobo Road, Yiyuan County, Zibo, Shandong, CHN, 256100
Shandong Pharmaceutical Glass Co Ltd is a pharmaceutical glass packaging product company. Its pharmaceutical glass packaging products and butyl rubber series products which service object of pharmaceutical, food, daily necessities industries. The products include for moulded injection vial for antibiotics series, tubular glass vial series, amber glass bottle series, neutral borosilicate glass bottle series, infusion bottle series, cosmetic bottles series, food bottles series, butyl rubber stopper series, prefillable syringes series, and aluminum-plastic cap series.
92GF Score

Get the complete analysis for SHSE:600529

Preferred Stock is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥19.09
Price
¥23.47
GF Value