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← CockpitCompetitor Analysis › 000006.SZ Shenzhen Zhenye (Group) Co. Ltd. Class AOpen in the cockpit ↗

Shenzhen Zhenye (Group) Co. Ltd. Class A000006.SZCompetitor analysis, valuation and peers

China · CNY·Real Estate›Real Estate Development

Old-line Shenzhen state-owned developer building residential and industrial property within the special economic zone.

Momentum weak 20
Mkt cap
$1.24B
US dollars, full cap
Free float
60%
of shares outstanding
$/day
$20.3M
20-day average traded
P/B
1.58×
price to book
ROE
-2.8%
delivered
Implied ROE
15.8%
what the price asks
Close · CNYCN¥6.13
1D-1.8%
1W+4.1%
1M-18.3%
3M-7.4%
6M-36.8%
YTD-38.4%
1Y-56.7%
ATR %5.3%
52w lowhigh60.5% off high

What Shenzhen Zhenye (Group) does

Old-line Shenzhen state-owned developer building residential and industrial property within the special economic zone.

Products and services

  • Residential property development
  • Industrial property development

Customers

  • Homebuyers and businesses in Shenzhen

Where it sits in the supply chain

  • Real estate
  • Residential and industrial development

What could go wrong

  • Residential sales downturn
  • Small scale vs national developers

Moat: narrow (scale). Long-held Shenzhen land bank from one of the city's earliest state developers.

Headquarters: Shenzhen, China · Founded: 1981 · Employees: 417

Named competitors

Shenzhen Zhenye (Group) at a glance

Size Shenzhen Zhenye (Group) (000006.SZ) is a China Real Estate company (Real Estate Development) with a market value of $1.24B, the 1917th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥6.13 on 6 Nov 2026.

Performance Over six months the shares fell 36.8%, against -13.8% for the median peer and -16.4% for the China market (cap-weighted) — 4th lowest of 20 in its peer set.

Growth Revenue fell 55.5% over the last twelve months (peer median +2.7%); the operating margin is 0.3% (peer median 16.4%).

Valuation It trades at 1.58× book value against a peer median of 1.04× (7th most expensive of 21).

Price implies The share price implies a return on equity of about 15.8%; Shenzhen Zhenye (Group) delivers -2.8%, so the price asks more than the business earns today.

Relative performance

608010012011 May 202611 Aug 20266 Nov 2026Peer median 88000006.SZ 65
Six months, rebased to 100: Shenzhen Zhenye (Group) against the median of its 20 peers (local-currency closes).

Shenzhen Zhenye (Group) financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥1.53BCN¥2.62BCN¥6.06BCN¥2.81BCN¥3.70B
Revenue growth—-57%+116%-24%—
Gross profitCN¥347MCN¥496MCN¥469MCN¥1.08BCN¥1.41B
EBITDAn/aCN¥212M-CN¥1.56B-CN¥296MCN¥924M
Net income-CN¥147M-CN¥42.3M-CN¥1.57B-CN¥803MCN¥420M
Free cash flowCN¥347MCN¥165MCN¥1.07BCN¥54.7MCN¥2.30B
Capital expenditureCN¥11.9MCN¥24.4MCN¥45.3MCN¥18.1MCN¥17.0M
Total debtCN¥4.20BCN¥4.67BCN¥5.12BCN¥8.18BCN¥8.72B

Quarterly statements and history in the cockpit →

Shenzhen Zhenye (Group) competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-50%0%+50%-40%-20%0%FREY600773LOTUSDEVFOR0565MEQ0081152800053489232539ICADYGMP1030OPEN000006.SZ6-month return →1-month return →
Up and to the right = strong over both horizons. Shenzhen Zhenye (Group) is the large dot.

Fundamentals: return on equity against price-to-book

-60%-40%-20%0%20%00×20×40×60×FREY600773LOTUSDEVFOR05650081152800053489232539ICADYGMPHORIZONINDOPEN000006.SZReturn on equity →Price / book →
A bank or insurer earning more on its equity usually trades at a higher multiple of book; points far above the trend are priced for more. Shenzhen Zhenye (Group) is the large dot.

Capital: ROE delivered against the ROE the price implies

0%500%1,000%0%500%1,000%FREY600773LOTUSDEV0565OPEN000006.SZROE delivered →ROE the price implies →
Above the diagonal = the price asks for a higher return on equity than the business earns today. Shenzhen Zhenye (Group) is the large dot.

Shenzhen Zhenye (Group) competitors and peer comparison

Head to head with its named competitors (000006.SZ vs 000029.SZ)
CompanyMarket cap6M returnRevenue growthROEPrice / bookImplied ROE
Shenzhen Zhenye (Group) 000006.SZ$1.24B-37%-56%-3%1.58×15.8%
Shenzhen Special Economic Zone Real Estate and Properties (Group) 000029.SZ$2.73B-6%-24%-1%5.63×61.3%

How Shenzhen Zhenye (Group) compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Shenzhen Zhenye (Group) against its 20 peers (data as of 6 Nov 2026)
Measure000006.SZPeer medianRank in peer set
1-month return-18.3%-5.1%3rd lowest of 21
6-month return-36.8%-13.8%4th lowest of 20
Return on equity-2.8%5.9%8th lowest of 21
Price / book1.58×1.04×7th most expensive of 21
ROE the price implies15.8%7.1%7th most demanding of 20
ROE delivered-2.8%5.9%7th lowest of 19

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthROEPrice / bookImplied ROEDelivered ROE
Shenzhen Zhenye (Group) 000006.SZChina$1.24B-37%-56%-3%1.58×15.8%-2.8%
Frey FREY.PAFrance$1.24B0%+45%12%1.06×6.6%12.1%
Tibet Urban Development & Investment 600773.SSChina$1.27B-67%-78%-12%2.02×23.5%-12.3%
Sri Lotus Developers and Realty LOTUSDEV.NSIndia$1.21B+59%+40%15%5.62×114.8%15.5%
Forestar FORUnited States$1.21B-14%-2%8%0.63×8.7%7.7%
Art 0565.HKHong Kong$1.28B+38%+51%-66%532.05×1,228.3%-65.6%
Mainstreet Equity MEQ.TOCanada$1.19B+1%+5%10%0.90×7.1%9.8%
China Overseas Grand Oceans 0081.HKHong Kong$1.30B-7%-3%1%0.28×5.8%1.1%
Red Star Macalline 1528.HKHong Kong$1.18B-33%-3%-61%0.16×4.3%-61.1%
Wedge Industrial 000534.SZChina$1.30B-57%+4%10%4.54×40.7%9.8%
Tosei 8923.TJapan$1.18B+17%+14%14%1.65×7.6%14.5%
Sakura Development 2539.TWTaiwan$1.31B-28%+10%28%2.17×6.3%28.1%
Icade ICAD.PAFrance$1.33B-22%-9%-5%0.33×5.4%-5.0%
Gmp Property SOCIMI YGMP.MCSpain$1.33B-4%0%10%0.68×4.8%n/a
Horizon Industrial Parks HORIZONIND.NSIndia$1.33Bn/a+83%-5%1.54×22.0%n/a
Beijing Urban Construction Investment & Development Co 600266.SSChina$1.16B-21%-31%-7%0.47×5.2%-7.2%
Starts 8850.TJapan$1.35B-6%+7%14%1.12×5.7%14.0%
Seazen 1030.HKHong Kong$1.36B-36%-35%1%0.19×6.3%0.7%
China Merchants Property Operation & Service 001914.SZChina$1.36B-16%+6%6%0.81×7.2%5.9%
Opendoor Technologies OPENUnited States$1.36B-72%-37%-197%1.48×28.0%-196.9%
Zug Estates ZUGN.SWSwitzerland$1.37B-2%+1%6%1.01×n/a5.9%

Questions

Who are Shenzhen Zhenye (Group)'s main competitors?
Named competitors: Shenzhen SEZ Real Estate & Properties (000029.SZ). The cockpit's measured peer set (industry) also includes Frey (FREY.PA), Tibet Urban Development & Investment (600773.SS), Sri Lotus Developers and Realty (LOTUSDEV.NS), Forestar (FOR), Art (0565.HK), Mainstreet Equity (MEQ.TO).
Is Shenzhen Zhenye (Group) expensive compared with its peers?
On price / book it trades at 1.58× against a peer median of 1.04×, 7th most expensive of 21 in its peer set. The share price implies a return on equity of about 15.8%; Shenzhen Zhenye (Group) delivers -2.8%, so the price asks more than the business earns today.
How has Shenzhen Zhenye (Group) stock performed?
Over six months to 6 Nov 2026 the shares returned -36.8% against -13.8% for the median peer; over one year -56.7%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.