Guangdong group that has pivoted from real estate and electrical products toward biomedicine, including transplant-related drugs.
Guangdong group that has pivoted from real estate and electrical products toward biomedicine, including transplant-related drugs.
Moat: none. Business model in transition from legacy operations to an unproven biomedicine pivot.
Headquarters: Guangdong, China · Employees: 1,438
Size Wedge Industrial (000534.SZ) is a China Real Estate company (Real Estate Development) with a market value of $1.30B, the 1844th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥17.14 on 6 Nov 2026.
Performance Over six months the shares fell 56.6%, against -13.8% for the median peer and -16.4% for the China market (cap-weighted) — 3rd lowest of 20 in its peer set.
Growth Revenue grew 4.1% over the last twelve months (peer median +0.8%); the operating margin is 9.7% (peer median 16.4%).
Valuation It trades at 28.6× forward earnings against a peer median of 19.2× (3rd most expensive of 12).
Next results Next results expected around 27 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥1.29B | CN¥1.29B | CN¥1.08B | CN¥970M | CN¥787M |
| Revenue growth | — | +20% | +11% | +23% | — |
| Gross profit | CN¥937M | CN¥873M | CN¥754M | CN¥678M | CN¥576M |
| EBITDA | n/a | CN¥306M | CN¥330M | CN¥255M | CN¥198M |
| Net income | CN¥171M | CN¥197M | CN¥193M | CN¥177M | CN¥102M |
| Free cash flow | -CN¥247M | -CN¥317M | -CN¥472M | -CN¥295M | -CN¥146M |
| Capital expenditure | CN¥349M | CN¥430M | CN¥587M | CN¥391M | CN¥342M |
| Total debt | CN¥2.16B | CN¥2.19B | CN¥1.93B | CN¥1.16B | CN¥650M |
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 | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Wedge Industrial 000534.SZ | $1.30B | -57% | +4% | 10% | 28.6× | n/a |
| China Resources Sanjiu Medical & Pharmaceutical 000999.SZ | $6.48B | 0% | +4% | 14% | 12.8× | -6.3% |
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 | 000534.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -19.2% | -7.5% | 2nd lowest of 21 |
| 6-month return | -56.6% | -13.8% | 3rd lowest of 20 |
| Distance from 52-week high | -65.1% | -30.6% | 3rd lowest of 21 |
| Revenue growth (TTM) | +4.1% | +0.8% | 10th highest of 21 |
| Operating margin | 9.7% | 16.4% | 8th lowest of 21 |
| Forward P/E | 28.6× | 19.2× | 3rd most expensive of 12 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Wedge Industrial 000534.SZ | China | $1.30B | -57% | +4% | 10% | 28.6× | n/a | n/a |
| China Overseas Grand Oceans 0081.HK | Hong Kong | $1.30B | -7% | -3% | 5% | 19.2× | n/a | n/a |
| Sakura Development 2539.TW | Taiwan | $1.31B | -28% | +10% | 39% | n/a | n/a | n/a |
| Art 0565.HK | Hong Kong | $1.28B | +38% | +51% | 60% | n/a | n/a | n/a |
| Icade ICAD.PA | France | $1.33B | -22% | -9% | 17% | 5.3× | n/a | n/a |
| Gmp Property SOCIMI YGMP.MC | Spain | $1.33B | -4% | 0% | 53% | n/a | n/a | n/a |
| Horizon Industrial Parks HORIZONIND.NS | India | $1.33B | n/a | +83% | 44% | n/a | n/a | n/a |
| Tibet Urban Development & Investment 600773.SS | China | $1.27B | -67% | -78% | -124% | n/a | n/a | n/a |
| Starts 8850.T | Japan | $1.35B | -6% | +7% | 14% | 7.8× | n/a | n/a |
| Seazen 1030.HK | Hong Kong | $1.36B | -36% | -35% | 16% | 12.8× | n/a | n/a |
| China Merchants Property Operation & Service 001914.SZ | China | $1.36B | -16% | +6% | 5% | 9.8× | n/a | n/a |
| Opendoor Technologies OPEN | United States | $1.36B | -72% | -37% | -16% | n/a | n/a | n/a |
| Frey FREY.PA | France | $1.24B | 0% | +45% | 49% | 22.9× | n/a | n/a |
| Shenzhen Zhenye (Group) 000006.SZ | China | $1.24B | -37% | -56% | 0% | n/a | n/a | n/a |
| Zug Estates ZUGN.SW | Switzerland | $1.37B | -2% | +1% | 62% | 27.3× | n/a | n/a |
| Shanghai Jinqiao Export Processing Zone Development 600639.SS | China | $1.37B | -10% | +203% | 23% | 5.7× | n/a | n/a |
| Evergrande Property Services 6666.HK | Hong Kong | $1.37B | -34% | +9% | 10% | n/a | n/a | n/a |
| Shanghai Chengtou 600649.SS | China | $1.38B | -14% | -53% | 6% | 28.3× | n/a | n/a |
| Grandjoy 000031.SZ | China | $1.38B | -30% | -25% | 3% | n/a | n/a | n/a |
| Cham Swiss Properties CHAM.SW | Switzerland | $1.38B | -5% | -78% | 32% | 102.7× | n/a | n/a |
| Sri Lotus Developers and Realty LOTUSDEV.NS | India | $1.21B | +59% | +40% | 38% | 33.4× | n/a | n/a |