Old-line Shenzhen state-owned developer building residential and industrial property within the special economic zone.
Old-line Shenzhen state-owned developer building residential and industrial property within the special economic zone.
Moat: narrow (scale). Long-held Shenzhen land bank from one of the city's earliest state developers.
Headquarters: Shenzhen, China · Founded: 1981 · Employees: 417
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.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥1.53B | CN¥2.62B | CN¥6.06B | CN¥2.81B | CN¥3.70B |
| Revenue growth | — | -57% | +116% | -24% | — |
| Gross profit | CN¥347M | CN¥496M | CN¥469M | CN¥1.08B | CN¥1.41B |
| EBITDA | n/a | CN¥212M | -CN¥1.56B | -CN¥296M | CN¥924M |
| Net income | -CN¥147M | -CN¥42.3M | -CN¥1.57B | -CN¥803M | CN¥420M |
| Free cash flow | CN¥347M | CN¥165M | CN¥1.07B | CN¥54.7M | CN¥2.30B |
| Capital expenditure | CN¥11.9M | CN¥24.4M | CN¥45.3M | CN¥18.1M | CN¥17.0M |
| Total debt | CN¥4.20B | CN¥4.67B | CN¥5.12B | CN¥8.18B | CN¥8.72B |
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.
| Company | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied 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% |
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.
| Measure | 000006.SZ | Peer median | Rank 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 / book | 1.58× | 1.04× | 7th most expensive of 21 |
| ROE the price implies | 15.8% | 7.1% | 7th most demanding of 20 |
| ROE delivered | -2.8% | 5.9% | 7th lowest of 19 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| Shenzhen Zhenye (Group) 000006.SZ | China | $1.24B | -37% | -56% | -3% | 1.58× | 15.8% | -2.8% |
| Frey FREY.PA | France | $1.24B | 0% | +45% | 12% | 1.06× | 6.6% | 12.1% |
| Tibet Urban Development & Investment 600773.SS | China | $1.27B | -67% | -78% | -12% | 2.02× | 23.5% | -12.3% |
| Sri Lotus Developers and Realty LOTUSDEV.NS | India | $1.21B | +59% | +40% | 15% | 5.62× | 114.8% | 15.5% |
| Forestar FOR | United States | $1.21B | -14% | -2% | 8% | 0.63× | 8.7% | 7.7% |
| Art 0565.HK | Hong Kong | $1.28B | +38% | +51% | -66% | 532.05× | 1,228.3% | -65.6% |
| Mainstreet Equity MEQ.TO | Canada | $1.19B | +1% | +5% | 10% | 0.90× | 7.1% | 9.8% |
| China Overseas Grand Oceans 0081.HK | Hong Kong | $1.30B | -7% | -3% | 1% | 0.28× | 5.8% | 1.1% |
| Red Star Macalline 1528.HK | Hong Kong | $1.18B | -33% | -3% | -61% | 0.16× | 4.3% | -61.1% |
| Wedge Industrial 000534.SZ | China | $1.30B | -57% | +4% | 10% | 4.54× | 40.7% | 9.8% |
| Tosei 8923.T | Japan | $1.18B | +17% | +14% | 14% | 1.65× | 7.6% | 14.5% |
| Sakura Development 2539.TW | Taiwan | $1.31B | -28% | +10% | 28% | 2.17× | 6.3% | 28.1% |
| Icade ICAD.PA | France | $1.33B | -22% | -9% | -5% | 0.33× | 5.4% | -5.0% |
| Gmp Property SOCIMI YGMP.MC | Spain | $1.33B | -4% | 0% | 10% | 0.68× | 4.8% | n/a |
| Horizon Industrial Parks HORIZONIND.NS | India | $1.33B | n/a | +83% | -5% | 1.54× | 22.0% | n/a |
| Beijing Urban Construction Investment & Development Co 600266.SS | China | $1.16B | -21% | -31% | -7% | 0.47× | 5.2% | -7.2% |
| Starts 8850.T | Japan | $1.35B | -6% | +7% | 14% | 1.12× | 5.7% | 14.0% |
| Seazen 1030.HK | Hong Kong | $1.36B | -36% | -35% | 1% | 0.19× | 6.3% | 0.7% |
| China Merchants Property Operation & Service 001914.SZ | China | $1.36B | -16% | +6% | 6% | 0.81× | 7.2% | 5.9% |
| Opendoor Technologies OPEN | United States | $1.36B | -72% | -37% | -197% | 1.48× | 28.0% | -196.9% |
| Zug Estates ZUGN.SW | Switzerland | $1.37B | -2% | +1% | 6% | 1.01× | n/a | 5.9% |