Which companies are Zheshang Development's closest peers?

The cockpit's peer set: ACG Metals (ACG.L), Shanghai Material Trading (600822.SS), Soft99 (4464.T), Gansu Engineering Consulting (000779.SZ), Gifore Agricultural Science & Technology Service (300022.SZ), Grand Industrial (000626.SZ), Vulcan Steel (VSL.AX), Kunshan TopA Intelligent Equipment (300836.SZ).

Is Zheshang Development expensive compared with its peers?

On forward p/e it trades at 7.3× against a peer median of 24.0×, cheapest of 10 in its peer set.

How has Zheshang Development stock performed?

Over six months to 6 Nov 2026 the shares returned -17.5% against -8.8% for the median peer; over one year -17.1%.

← CockpitCompetitor Analysis › 000906.SZ Zheshang Development Group Co., Ltd. Class AOpen in the cockpit ↗

Zheshang Development Group Co., Ltd. Class A000906.SZCompetitor analysis, valuation and peers

China · CNY·Industrials›Wholesale Distributors

Momentum neutral 47

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$554M

US dollars, full cap

Free float

46%

of shares outstanding

$/day

$9.30M

20-day average traded

Fwd P/E

7.3×

forward earnings

ROIC−WACC

-1.7 pp

WACC 5.0%

Hurdle

n/a

no reverse DCF

Next earnings

174 days

29 Apr 2027

Close · CNYCN¥5.23

1D-1.5%

1W+2.1%

1M-13.8%

3M-6.9%

6M-17.5%

YTD-11.7%

1Y-17.1%

ATR %3.0%

52w lowhigh24.8% off high

What Zheshang Development does

Employees: 2,094

Zheshang Development at a glance

Size Zheshang Development (000906.SZ) is a China Industrials company (Wholesale Distributors) with a market value of $554M, the 3618th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥5.23 on 6 Nov 2026.

Performance Over six months the shares fell 17.5%, against -8.8% for the median peer and -16.4% for the China market (cap-weighted) — 5th lowest of 20 in its peer set.

Growth Revenue grew 13.2% over the last twelve months (peer median +6.8%); the operating margin is 0.5% (peer median 5.6%).

Valuation It trades at 7.3× forward earnings against a peer median of 24.0× (cheapest of 10).

Capital Return on invested capital runs 1.7 points below its cost of capital (5.0% WACC).

Next results Next results expected around 29 Apr 2027 (exchange calendar; dates can move).

Relative performance

Six months, rebased to 100: Zheshang Development against the median of its 20 peers (local-currency closes).

Zheshang Development financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	CN¥255B	CN¥235B	CN¥202B	CN¥203B	CN¥194B
Revenue growth	—	+17%	-1%	+5%	—
Gross profit	CN¥3.13B	CN¥2.06B	CN¥2.14B	CN¥3.11B	CN¥2.60B
EBITDA	n/a	CN¥1.02B	CN¥663M	CN¥1.87B	CN¥1.48B
Net income	CN¥292M	CN¥223M	CN¥369M	CN¥683M	CN¥1.00B
Free cash flow	-CN¥1.57B	CN¥450M	-CN¥1.14B	-CN¥1.94B	-CN¥4.19B
Capital expenditure	CN¥405M	CN¥294M	CN¥310M	CN¥488M	CN¥515M
Total debt	CN¥26.2B	CN¥22.6B	CN¥18.4B	CN¥17.8B	CN¥12.3B

Quarterly statements and history in the cockpit →

Zheshang Development 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

Up and to the right = strong over both horizons. Zheshang Development is the large dot.

Fundamentals: revenue growth against valuation

Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Zheshang Development is the large dot.

Zheshang Development competitors and peer comparison

How Zheshang Development 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.

Zheshang Development against its 20 peers (data as of 6 Nov 2026)
Measure	000906.SZ	Peer median	Rank in peer set
1-month return	-13.8%	-6.1%	6th lowest of 21
6-month return	-17.5%	-8.8%	5th lowest of 20
Distance from 52-week high	-24.8%	-27.7%	10th highest of 21
Revenue growth (TTM)	+13.2%	+6.8%	6th highest of 21
Operating margin	0.5%	5.6%	6th lowest of 21
Forward P/E	7.3×	24.0×	cheapest of 10
ROIC minus cost of capital	-1.7 pp	+0.4 pp	9th lowest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
Company	Market	Market cap	6M return	Revenue growth	Op. margin	Forward P/E	Req g	Delivered g
Zheshang Development 000906.SZ	China	$554M	-18%	+13%	0%	7.3×	n/a	n/a
ACG Metals ACG.L	United Kingdom	$548M	+15%	+16%	44%	44.7×	n/a	n/a
Shanghai Material Trading 600822.SS	China	$548M	-12%	-47%	-1%	n/a	31.1%	-26.6%
Soft99 4464.T	Japan	$562M	+11%	+5%	14%	n/a	1.9%	+3.1%
Gansu Engineering Consulting 000779.SZ	China	$539M	-11%	+6%	4%	22.0×	-2.8%	-3.7%
Gifore Agricultural Science & Technology Service 300022.SZ	China	$571M	-21%	+8%	0%	n/a	39.8%	+2.1%
Grand Industrial 000626.SZ	China	$536M	-24%	-7%	0%	n/a	n/a	n/a
Vulcan Steel VSL.AX	Australia	$573M	-1%	+15%	6%	26.1×	16.3%	+8.0%
Kunshan TopA Intelligent Equipment 300836.SZ	China	$534M	-36%	+111%	10%	24.0×	n/a	n/a
Nichiden 9902.T	Japan	$532M	+22%	+9%	5%	n/a	-3.8%	+6.5%
China National Complete Plant Import & Export 000151.SZ	China	$524M	-16%	+16%	1%	45.2×	n/a	n/a
Doright 300950.SZ	China	$522M	-24%	+9%	7%	n/a	37.0%	+17.4%
Titan Machinery TITN	United States	$521M	+3%	-11%	0%	n/a	-11.7%	+11.5%
Salix SALIX.ST	Sweden	$521M	n/a	+15%	8%	n/a	1.1%	+14.7%
Seika 8061.T	Japan	$594M	-13%	+12%	8%	12.2×	4.2%	+8.6%
Zhejiang Jindao Technology 301279.SZ	China	$516M	-9%	+12%	10%	n/a	n/a	n/a
Xinjiang Hongtong Natural Gas 605169.SS	China	$514M	-4%	-5%	6%	n/a	6.6%	+31.5%
Alligo ALLIGO-B.ST	Sweden	$600M	-15%	+5%	6%	13.2×	0.5%	+9.7%
National Petroleum 9937.TW	Taiwan	$508M	-4%	-3%	4%	n/a	-0.2%	+4.2%
Guomai Culture & Media 301052.SZ	China	$603M	+26%	-34%	-19%	29.4×	n/a	n/a
Wajax WJX.TO	Canada	$503M	+11%	-4%	6%	9.8×	-6.8%	+8.6%

Questions

Which companies are Zheshang Development's closest peers?: The cockpit's peer set: ACG Metals (ACG.L), Shanghai Material Trading (600822.SS), Soft99 (4464.T), Gansu Engineering Consulting (000779.SZ), Gifore Agricultural Science & Technology Service (300022.SZ), Grand Industrial (000626.SZ), Vulcan Steel (VSL.AX), Kunshan TopA Intelligent Equipment (300836.SZ).
Is Zheshang Development expensive compared with its peers?: On forward p/e it trades at 7.3× against a peer median of 24.0×, cheapest of 10 in its peer set.
How has Zheshang Development stock performed?: Over six months to 6 Nov 2026 the shares returned -17.5% against -8.8% for the median peer; over one year -17.1%.