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← CockpitCompetitor Analysis › 000965.SZ Tianjin Tianbao Infrastructure Co. Ltd. Class AOpen in the cockpit ↗

Tianjin Tianbao Infrastructure Co. Ltd. Class A000965.SZCompetitor analysis, valuation and peers

China · CNY·Materials›Construction Materials
Momentum weak 29
Mkt cap
$476M
US dollars, full cap
Free float
49%
of shares outstanding
$/day
$7.10M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
-2.9 pp
WACC 5.0%
Hurdle
n/a
no reverse DCF
Close · CNYCN¥2.86
1D-1.0%
1W+1.4%
1M-16.6%
3M-10.6%
6M-23.3%
YTD-27.0%
1Y-38.2%
ATR %3.6%
52w lowhigh39.1% off high

What Tianjin Tianbao Infrastructure does

Employees: 113

Tianjin Tianbao Infrastructure at a glance

Size Tianjin Tianbao Infrastructure (000965.SZ) is a China Materials company (Construction Materials) with a market value of $476M, the 3968th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥2.86 on 6 Nov 2026.

Performance Over six months the shares fell 23.3%, against -17.5% for the median peer and -16.4% for the China market (cap-weighted) — 8th lowest of 20 in its peer set.

Growth Revenue grew 65.2% over the last twelve months (peer median -4.7%); the operating margin is 7.7% (peer median 5.5%).

Valuation It trades at 1.9× enterprise value to sales against a peer median of 1.5× (10th most expensive of 21).

Capital Return on invested capital runs 2.9 points below its cost of capital (5.0% WACC).

Relative performance

809010011 May 202611 Aug 20266 Nov 2026Peer median 82000965.SZ 76
Six months, rebased to 100: Tianjin Tianbao Infrastructure against the median of its 20 peers (local-currency closes).

Tianjin Tianbao Infrastructure financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥4.11BCN¥2.80BCN¥2.52BCN¥3.05BCN¥2.33B
Revenue growth—+11%-17%+31%—
Gross profitCN¥626MCN¥352MCN¥525MCN¥453MCN¥629M
EBITDACN¥361MCN¥274MCN¥218MCN¥42.4MCN¥285M
Net income-CN¥45.0MCN¥19.2MCN¥16.8MCN¥20.0MCN¥23.3M
Free cash flow-CN¥172M-CN¥1.38BCN¥712M-CN¥1.25BCN¥888M
Capital expenditureCN¥14.9MCN¥13.3MCN¥10.4MCN¥10.9MCN¥1.58M
Total debtCN¥4.39BCN¥4.39BCN¥3.32BCN¥2.88BCN¥3.07B

Quarterly statements and history in the cockpit →

Tianjin Tianbao Infrastructure 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%-20%0%+20%000789300135600802002457FORT15186005391104038500605086IBST688398603916002398003300000965.SZ6-month return →1-month return →
Up and to the right = strong over both horizons. Tianjin Tianbao Infrastructure is the large dot.

Fundamentals: revenue growth against valuation

-20%0%+20%+40%+60%0×5×10×000789300135600802002457FORT993015186005390025966050865351SWRD600668688398002398000965.SZRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Tianjin Tianbao Infrastructure is the large dot.

Tianjin Tianbao Infrastructure competitors and peer comparison

How Tianjin Tianbao Infrastructure 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.

Tianjin Tianbao Infrastructure against its 20 peers (data as of 6 Nov 2026)
Measure000965.SZPeer medianRank in peer set
1-month return-16.6%-5.3%3rd lowest of 21
6-month return-23.3%-17.5%8th lowest of 20
Distance from 52-week high-39.1%-37.8%10th lowest of 21
Revenue growth (TTM)+65.2%-4.7%highest of 21
Operating margin7.7%5.5%7th highest of 21
EV / Sales1.9×1.5×10th most expensive of 21
ROIC minus cost of capital-2.9 pp-3.0 pp11th highest of 21
EV / EBITDA21.4×7.5×2nd most expensive of 9
Net debt / EBITDA9.4×2.3×most indebted of 9

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Tianjin Tianbao Infrastructure 000965.SZChina$476M-23%+65%8%1.9×n/an/a
Jiangxi Wannianqing Cement 000789.SZChina$471M-21%-28%-9%1.5×24.3%-18.3%
Jiangsu Baoli Asphalt 300135.SZChina$470M-17%-4%-2%2.8×43.7%-7.5%
Fujian Cement 600802.SSChina$502M+29%-22%-23%3.6×n/an/a
Qinglong Pipes Industry 002457.SZChina$507M-12%+4%6%1.4×0.0%+5.1%
Forterra FORT.LUnited Kingdom$445M+11%-5%10%1.2×6.4%+5.7%
CHC Resources 9930.TWTaiwan$433M-17%-2%10%1.2×-5.8%+7.0%
Mitsui Matsushima 1518.TJapan$526M+57%+9%14%1.9×3.7%+2.7%
Lionhead Technology Development 600539.SSChina$427M-30%-5%-7%6.1×n/an/a
Universal Cement 1104.TWTaiwan$543M-7%-5%16%2.4×-2.2%+7.9%
Hainan RuiZe New Building Material 002596.SZChina$544M-16%-16%-16%4.8×35.7%-16.7%
SAMPYO Cement 038500.KSSouth Korea$413M-69%-3%10%1.4×4.7%+4.5%
Longyan Kaolin Clay 605086.SSChina$550M-37%-9%39%12.9×20.5%+4.9%
Shinagawa Refra 5351.TJapan$551M-3%+25%7%0.7×0.5%+12.2%
Stewards SWRDUnited States$555Mn/a+30%-100%41.7×n/an/a
Ibstock IBST.LUnited Kingdom$408M-19%-10%3%1.4×n/an/a
Zhejiang Jianfeng 600668.SSChina$403M-41%-13%-12%1.5×n/an/a
Fujian SuperTech Advanced Material 688398.SSChina$399M-50%+7%5%3.1×42.2%+14.2%
Sobute New Materials 603916.SSChina$573M-24%-3%7%1.4×1.5%-0.5%
Lets 002398.SZChina$394M-24%-13%1%0.8×-3.7%-9.3%
Hanil 003300.KSSouth Korea$384M-4%-10%7%0.9×-3.7%+4.7%

Questions

Which companies are Tianjin Tianbao Infrastructure's closest peers?
The cockpit's peer set: Jiangxi Wannianqing Cement (000789.SZ), Jiangsu Baoli Asphalt (300135.SZ), Fujian Cement (600802.SS), Qinglong Pipes Industry (002457.SZ), Forterra (FORT.L), CHC Resources (9930.TW), Mitsui Matsushima (1518.T), Lionhead Technology Development (600539.SS).
Is Tianjin Tianbao Infrastructure expensive compared with its peers?
On ev / sales it trades at 1.9× against a peer median of 1.5×, 10th most expensive of 21 in its peer set.
How has Tianjin Tianbao Infrastructure stock performed?
Over six months to 6 Nov 2026 the shares returned -23.3% against -17.5% for the median peer; over one year -38.2%.

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.