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← CockpitCompetitor Analysis › 000534.SZ Wedge Industrial Co., Ltd. Class AOpen in the cockpit ↗

Wedge Industrial Co., Ltd. Class A000534.SZCompetitor analysis, valuation and peers

China · CNY·Real Estate›Real Estate Development

Guangdong group that has pivoted from real estate and electrical products toward biomedicine, including transplant-related drugs.

Momentum laggard 2
Mkt cap
$1.30B
US dollars, full cap
Free float
65%
of shares outstanding
$/day
$36.6M
20-day average traded
Fwd P/E
28.6×
forward earnings
ROIC−WACC
n/a
WACC 8.3%
Hurdle
n/a
no reverse DCF
Next earnings
172 days
27 Apr 2027
Close · CNYCN¥17.14
1D-1.8%
1W+7.3%
1M-19.2%
3M-31.1%
6M-56.6%
YTD-22.1%
1Y+6.5%
ATR %6.0%
52w lowhigh65.1% off high

What Wedge Industrial does

Guangdong group that has pivoted from real estate and electrical products toward biomedicine, including transplant-related drugs.

Products and services

  • Legacy real estate/electrical products
  • Biomedicine R&D (transplant drugs)

Customers

  • Hospitals (biomedicine segment)

Where it sits in the supply chain

  • Real estate (legacy)
  • Biomedicine (new focus)
  • Organ-transplant/immunosuppressant…

What could go right

  • Biomedicine pivot re-rating

What could go wrong

  • Unproven new-business execution risk

Moat: none. Business model in transition from legacy operations to an unproven biomedicine pivot.

Headquarters: Guangdong, China · Employees: 1,438

Named competitors

Wedge Industrial at a glance

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).

Relative performance

40608010011 May 202611 Aug 20266 Nov 2026Peer median 86000534.SZ 42
Six months, rebased to 100: Wedge Industrial against the median of its 20 peers (local-currency closes).

Wedge Industrial financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥1.29BCN¥1.29BCN¥1.08BCN¥970MCN¥787M
Revenue growth—+20%+11%+23%—
Gross profitCN¥937MCN¥873MCN¥754MCN¥678MCN¥576M
EBITDAn/aCN¥306MCN¥330MCN¥255MCN¥198M
Net incomeCN¥171MCN¥197MCN¥193MCN¥177MCN¥102M
Free cash flow-CN¥247M-CN¥317M-CN¥472M-CN¥295M-CN¥146M
Capital expenditureCN¥349MCN¥430MCN¥587MCN¥391MCN¥342M
Total debtCN¥2.16BCN¥2.19BCN¥1.93BCN¥1.16BCN¥650M

Quarterly statements and history in the cockpit →

Wedge Industrial 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%008125390565ICADYGMP60077388501030OPEN000006ZUGN6006396666LOTUSDEV000534.SZ6-month return →1-month return →
Up and to the right = strong over both horizons. Wedge Industrial is the large dot.

Fundamentals: revenue growth against valuation

-100%0%+100%+200%0×50×100×0081ICAD88501030001914FREYZUGN600639600649CHAMLOTUSDEV000534.SZRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Wedge Industrial is the large dot.

Wedge Industrial competitors and peer comparison

Head to head with its named competitors (000534.SZ vs 000999.SZ)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
Wedge Industrial 000534.SZ$1.30B-57%+4%10%28.6×n/a
China Resources Sanjiu Medical & Pharmaceutical 000999.SZ$6.48B0%+4%14%12.8×-6.3%

How Wedge Industrial 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.

Wedge Industrial against its 20 peers (data as of 6 Nov 2026)
Measure000534.SZPeer medianRank 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 margin9.7%16.4%8th lowest of 21
Forward P/E28.6×19.2×3rd most expensive of 12

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Wedge Industrial 000534.SZChina$1.30B-57%+4%10%28.6×n/an/a
China Overseas Grand Oceans 0081.HKHong Kong$1.30B-7%-3%5%19.2×n/an/a
Sakura Development 2539.TWTaiwan$1.31B-28%+10%39%n/an/an/a
Art 0565.HKHong Kong$1.28B+38%+51%60%n/an/an/a
Icade ICAD.PAFrance$1.33B-22%-9%17%5.3×n/an/a
Gmp Property SOCIMI YGMP.MCSpain$1.33B-4%0%53%n/an/an/a
Horizon Industrial Parks HORIZONIND.NSIndia$1.33Bn/a+83%44%n/an/an/a
Tibet Urban Development & Investment 600773.SSChina$1.27B-67%-78%-124%n/an/an/a
Starts 8850.TJapan$1.35B-6%+7%14%7.8×n/an/a
Seazen 1030.HKHong Kong$1.36B-36%-35%16%12.8×n/an/a
China Merchants Property Operation & Service 001914.SZChina$1.36B-16%+6%5%9.8×n/an/a
Opendoor Technologies OPENUnited States$1.36B-72%-37%-16%n/an/an/a
Frey FREY.PAFrance$1.24B0%+45%49%22.9×n/an/a
Shenzhen Zhenye (Group) 000006.SZChina$1.24B-37%-56%0%n/an/an/a
Zug Estates ZUGN.SWSwitzerland$1.37B-2%+1%62%27.3×n/an/a
Shanghai Jinqiao Export Processing Zone Development 600639.SSChina$1.37B-10%+203%23%5.7×n/an/a
Evergrande Property Services 6666.HKHong Kong$1.37B-34%+9%10%n/an/an/a
Shanghai Chengtou 600649.SSChina$1.38B-14%-53%6%28.3×n/an/a
Grandjoy 000031.SZChina$1.38B-30%-25%3%n/an/an/a
Cham Swiss Properties CHAM.SWSwitzerland$1.38B-5%-78%32%102.7×n/an/a
Sri Lotus Developers and Realty LOTUSDEV.NSIndia$1.21B+59%+40%38%33.4×n/an/a

Questions

Who are Wedge Industrial's main competitors?
Named competitors: China Resources Sanjiu (000999.SZ). The cockpit's measured peer set (industry) also includes China Overseas Grand Oceans (0081.HK), Sakura Development (2539.TW), Art (0565.HK), Icade (ICAD.PA), Gmp Property SOCIMI (YGMP.MC), Horizon Industrial Parks (HORIZONIND.NS).
Is Wedge Industrial expensive compared with its peers?
On forward p/e it trades at 28.6× against a peer median of 19.2×, 3rd most expensive of 12 in its peer set.
How has Wedge Industrial stock performed?
Over six months to 6 Nov 2026 the shares returned -56.6% against -13.8% for the median peer; over one year +6.5%.

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.