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Dongguan-based diversified holding company with property, port/logistics and other regional investments.
Dongguan-based diversified holding company with property, port/logistics and other regional investments.
Moat: none. Diversified regional SOE with no single dominant franchise.
Headquarters: Dongguan, China · Employees: 864
Size Dongguan Development (Holdings) (000828.SZ) is a China Industrials company (Other Transportation) with a market value of $1.57B, the 1571st largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥10.04 on 6 Nov 2026.
Performance Over six months the shares fell 3.3%, against -2.2% for the median peer and -16.4% for the China market (cap-weighted) — 9th lowest of 21 in its peer set.
Growth Revenue fell 4.0% over the last twelve months (peer median +4.5%); the operating margin is 39.0% (peer median 16.9%).
Valuation It trades at 10.7× forward earnings against a peer median of 13.6× (5th cheapest of 15).
Price implies For today's price to make sense, revenue must grow about 1% a year for seven years (Req g). Recent delivered growth is +4%, so the hurdle is -4 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 1.1 points below its cost of capital (5.9% WACC).
Next results Next results expected around 29 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥1.44B | CN¥1.55B | CN¥1.68B | CN¥4.68B | CN¥4.10B |
| Revenue growth | — | -8% | -64% | +14% | — |
| Gross profit | CN¥1.18B | CN¥1.02B | CN¥1.07B | CN¥1.13B | CN¥934M |
| EBITDA | n/a | CN¥986M | CN¥1.12B | CN¥1.33B | CN¥1.11B |
| Net income | CN¥808M | CN¥824M | CN¥955M | CN¥667M | CN¥828M |
| Free cash flow | CN¥1.08B | CN¥1.14B | -CN¥380M | -CN¥2.33B | -CN¥5.24B |
| Capital expenditure | CN¥1.37B | CN¥1.37B | CN¥1.91B | CN¥2.83B | CN¥4.41B |
| Total debt | CN¥4.27B | CN¥4.79B | CN¥6.87B | CN¥10.1B | CN¥11.1B |
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.
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 | 000828.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +0.4% | +0.1% | 10th highest of 21 |
| 6-month return | -3.3% | -2.2% | 9th lowest of 21 |
| Distance from 52-week high | -17.8% | -12.8% | 9th lowest of 21 |
| Revenue growth (TTM) | -4.0% | +4.5% | 6th lowest of 21 |
| Operating margin | 39.0% | 16.9% | 4th highest of 21 |
| Forward P/E | 10.7× | 13.6× | 5th cheapest of 15 |
| Growth the price implies (Req g, 7 yrs) | 0.7% | -6.4% | 5th most demanding of 14 |
| Growth delivered (Del g) | +4.4% | +5.6% | 6th lowest of 14 |
| Hurdle (Req g minus delivered) | -3.6 pp | -12.3 pp | 5th most demanding of 14 |
| ROIC minus cost of capital | -1.1 pp | +0.3 pp | 9th lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Dongguan Development (Holdings) 000828.SZ | China | $1.57B | -3% | -4% | 39% | 10.7× | 0.7% | +4.4% |
| Sotetsu 9003.T | Japan | $1.55B | -4% | +9% | 13% | 10.1× | n/a | n/a |
| FirstGroup FGP.L | United Kingdom | $1.60B | +40% | -6% | 5% | 11.4× | -7.6% | +1.9% |
| Shreeji Shipping Global SHREEJISPG.NS | India | $1.53B | +111% | +21% | 24% | n/a | n/a | n/a |
| Fujian Expressway Development 600033.SS | China | $1.51B | +1% | -3% | 47% | n/a | -16.1% | +5.6% |
| Shenzhen International 0152.HK | Hong Kong | $1.49B | -35% | +15% | 11% | 6.1× | n/a | n/a |
| Evergreen Aviation Technologies 2645.TW | Taiwan | $1.67B | -8% | +10% | 17% | 16.2× | -1.0% | +11.2% |
| Henan Zhongyuan Expressway 600020.SS | China | $1.43B | +5% | -11% | 20% | 9.4× | 5.9% | +5.4% |
| Hamburger Hafen und Logistik HHFA.DE | Germany | $1.72B | -2% | +3% | 7% | n/a | n/a | n/a |
| Nishi-Nippon Railroad 9031.T | Japan | $1.37B | 0% | +10% | 7% | 9.0× | n/a | n/a |
| Hainan Strait Shipping 002320.SZ | China | $1.88B | -34% | +4% | 23% | 70.1× | -0.5% | +36.7% |
| Tianjin Port 600717.SS | China | $1.89B | -2% | -8% | 18% | n/a | -14.6% | -1.6% |
| Westshore Terminals Investment WTE.TO | Canada | $1.90B | +16% | -16% | 33% | 26.3× | 11.9% | -2.6% |
| Hutchison Port Holdings Trust NS8U.SI | Singapore | $1.96B | +7% | +5% | 42% | 15.3× | -10.5% | +1.7% |
| Xizang Tianlu 600326.SS | China | $1.24B | -35% | -8% | 0% | 26.3× | 24.9% | -13.0% |
| NANKAI 9044.T | Japan | $2.03B | 0% | +7% | 15% | 13.1× | n/a | n/a |
| Shenzhen Airport 000089.SZ | China | $2.08B | -5% | +5% | 17% | 14.2× | -6.4% | +11.4% |
| Comfortdelgro C52.SI | Singapore | $2.19B | -10% | +9% | 9% | 15.0× | -8.2% | +9.3% |
| StorageVault Canada SVI.TO | Canada | $1.09B | -4% | +9% | 23% | n/a | 21.9% | +16.6% |
| Shanxi Hi-speed 000755.SZ | China | $1.07B | -3% | +3% | 47% | n/a | -7.2% | +8.4% |
| Nagoya Railroad 9048.T | Japan | $2.38B | +8% | -2% | 5% | 11.0× | n/a | n/a |