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← CockpitCompetitor Analysis › 000957.SZ Zhongtong Bus Holding Co., Ltd. Class AOpen in the cockpit ↗

Zhongtong Bus Holding Co., Ltd. Class A000957.SZCompetitor analysis, valuation and peers

China · CNY·Consumer Discretionary›Motor Vehicles
Momentum strong 63
Mkt cap
$857M
US dollars, full cap
Free float
64%
of shares outstanding
$/day
$11.5M
20-day average traded
Fwd P/E
11.6×
forward earnings
ROIC−WACC
+15.4 pp
WACC 11.3%
Hurdle
-27 pp
Req g minus delivered
Next earnings
171 days
26 Apr 2027
Close · CNYCN¥9.77
1D-0.4%
1W+6.1%
1M+0.3%
3M-6.8%
6M-18.1%
YTD-14.4%
1Y-22.4%
ATR %2.9%
52w lowhigh23.7% off high

What Zhongtong Bus does

Employees: 3,550

Zhongtong Bus at a glance

Size Zhongtong Bus (000957.SZ) is a China Consumer Discretionary company (Motor Vehicles) with a market value of $857M, the 2602nd largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥9.77 on 6 Nov 2026.

Performance Over six months the shares fell 18.1%, against -3.5% for the median peer and -16.4% for the China market (cap-weighted) — 9th lowest of 20 in its peer set.

Growth Revenue grew 6.4% over the last twelve months (peer median +10.7%); the operating margin is 6.3% (peer median 1.4%).

Valuation It trades at 11.6× forward earnings against a peer median of 16.6× (5th cheapest of 13).

Price implies For today's price to make sense, revenue must grow about -16% a year for seven years (Req g). Recent delivered growth is +11%, so the hurdle is -27 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 15.4 points above its cost of capital (11.3% WACC).

Next results Next results expected around 26 Apr 2027 (exchange calendar; dates can move).

Relative performance

809010011 May 202611 Aug 20266 Nov 2026Peer median 91000957.SZ 81
Six months, rebased to 100: Zhongtong Bus against the median of its 20 peers (local-currency closes).

Zhongtong Bus financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥7.61BCN¥7.33BCN¥5.72BCN¥4.24BCN¥5.25B
Revenue growth—+28%+35%-19%—
Gross profitCN¥1.46BCN¥1.26BCN¥1.02BCN¥870MCN¥853M
EBITDAn/aCN¥469MCN¥312MCN¥164MCN¥129M
Net incomeCN¥485MCN¥360MCN¥249MCN¥69.7MCN¥98.3M
Free cash flowCN¥2.35BCN¥1.12BCN¥1.43BCN¥435MCN¥1.15B
Capital expenditureCN¥9.17MCN¥7.20MCN¥182,440CN¥1.30MCN¥17.3M
Total debtCN¥2.40BCN¥2.49BCN¥1.87BCN¥2.41BCN¥3.02B

Quarterly statements and history in the cockpit →

Zhongtong Bus 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%-20%0%+20%2201PIAAEBI2204OLECTRA000913SMLMAH6008411333000572600375300825PSNY600686DOM722224517489000957.SZ6-month return →1-month return →
Up and to the right = strong over both horizons. Zhongtong Bus is the large dot.

Fundamentals: revenue growth against valuation

0%+20%+40%0×200×400×2201PIAAEBI2204OLECTRA000913600841300825000957.SZRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Zhongtong Bus is the large dot.

Capital: growth delivered against growth the price implies

-20%0%+20%+40%-20%0%20%40%2201PIA2204SMLMAH600841600375600686000957.SZGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Zhongtong Bus is the large dot.

Zhongtong Bus competitors and peer comparison

How Zhongtong Bus 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.

Zhongtong Bus against its 20 peers (data as of 6 Nov 2026)
Measure000957.SZPeer medianRank in peer set
1-month return+0.3%-4.1%8th highest of 20
6-month return-18.1%-3.5%9th lowest of 20
Distance from 52-week high-23.7%-38.3%3rd highest of 20
Revenue growth (TTM)+6.4%+10.7%9th lowest of 19
Operating margin6.3%1.4%5th highest of 19
Forward P/E11.6×16.6×5th cheapest of 13
Growth the price implies (Req g, 7 yrs)-16.1%3.7%least demanding of 10
Growth delivered (Del g)+10.7%+1.7%3rd highest of 9
Hurdle (Req g minus delivered)-26.8 pp+1.4 ppleast demanding of 9
ROIC minus cost of capital+15.4 pp-3.6 pp2nd highest of 18

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
Zhongtong Bus 000957.SZChina$857M-18%+6%6%11.6×-16.1%+10.7%
Yulon Motor 2201.TWTaiwan$860M-1%-8%8%12.6×14.9%-2.6%
Piaggio & C PIA.MIItaly$862M+24%-5%7%17.0×2.6%+2.7%
Aebi Schmidt AEBIUnited States$867M-3%+49%6%11.3×11.9%n/a
China Motor 2204.TWTaiwan$867M-4%+6%4%8.4×3.7%+0.8%
Guangdong Lvtong New Energy Electric Vehicle Tech 301322.SZChina$869M+5%+63%-3%n/an/an/a
Olectra Greentech OLECTRA.NSIndia$891M-19%+38%12%23.7×n/an/a
Zhejiang Qianjiang Motorcycle 000913.SZChina$896M-16%0%2%17.2×n/an/a
SML Mahindra SMLMAH.NSIndia$806M+35%+22%7%n/a23.6%+36.9%
Shanghai New Power Automotive Technology 600841.SSChina$914M-39%+15%-5%19.5×2.1%-23.6%
Breton Technology 1333.HKHong Kong$915M+5%+16%-24%n/an/an/a
Kuen Tong Technology 7965.TWOTaiwan$796Mn/an/an/an/an/an/a
Haima Automobile 000572.SZChina$792M-43%-48%-27%n/an/an/a
Hanma Technology 600375.SSChina$786M-39%+38%0%n/a11.1%+0.5%
IAT Automobile Technology 300825.SZChina$786M+9%+7%-8%538.0×n/an/a
Polestar Automotive Holding UK PLC Sponsored ADR PSNYUnited States$778M-79%+18%-47%n/an/an/a
Xiamen King Long Motor 600686.SSChina$967M-42%-3%2%9.1×-1.1%+12.0%
Dometic DOM.STSweden$755M-29%-6%-13%11.4×3.4%+5.4%
Nissan Shatai 7222.TJapan$747M-4%+15%4%n/an/an/a
Luyuan Group Holding (Cayman) 2451.HKHong Kong$722M+24%-3%1%26.3×n/an/a
Voyah Automotive Technology 7489.HKHong Kong$704M-75%n/an/a16.2×n/an/a

Questions

Which companies are Zhongtong Bus's closest peers?
The cockpit's peer set: Yulon Motor (2201.TW), Piaggio & C (PIA.MI), Aebi Schmidt (AEBI), China Motor (2204.TW), Guangdong Lvtong New Energy Electric Vehicle Tech (301322.SZ), Olectra Greentech (OLECTRA.NS), Zhejiang Qianjiang Motorcycle (000913.SZ), SML Mahindra (SMLMAH.NS).
Is Zhongtong Bus expensive compared with its peers?
On forward p/e it trades at 11.6× against a peer median of 16.6×, 5th cheapest of 13 in its peer set. For today's price to make sense, revenue must grow about -16% a year for seven years (Req g). Recent delivered growth is +11%, so the hurdle is -27 pp: the price already allows for a slowdown.
How has Zhongtong Bus stock performed?
Over six months to 6 Nov 2026 the shares returned -18.1% against -3.5% for the median peer; over one year -22.4%.

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.