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← CockpitCompetitor Analysis › 002146.SZ RiseSun Real Estate Development Co., Ltd. Class AOpen in the cockpit ↗

RiseSun Real Estate Development Co., Ltd. Class A002146.SZCompetitor analysis, valuation and peers

China · CNY·Real Estate›Real Estate Development
Momentum weak 36
Mkt cap
$691M
US dollars, full cap
Free float
62%
of shares outstanding
$/day
$16.5M
20-day average traded
P/B
1.06×
price to book
ROE
-97.7%
delivered
Implied ROE
11.8%
what the price asks
Next earnings
171 days
26 Apr 2027
Close · CNYCN¥1.06
1D-1.9%
1W+1.9%
1M-15.9%
3M-7.8%
6M-21.5%
YTD-35.4%
1Y-36.5%
ATR %4.1%
52w lowhigh48.0% off high

What RiseSun Real Estate Development does

Employees: 11,026

RiseSun Real Estate Development at a glance

Size RiseSun Real Estate Development (002146.SZ) is a China Real Estate company (Real Estate Development) with a market value of $691M, the 3086th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥1.06 on 6 Nov 2026.

Performance Over six months the shares fell 21.5%, against -17.3% for the median peer and -16.4% for the China market (cap-weighted) — 9th lowest of 21 in its peer set.

Growth Revenue fell 47.6% over the last twelve months (peer median +2.0%); the operating margin is -39.9% (peer median 6.8%).

Valuation It trades at 1.06× book value against a peer median of 1.43× (9th cheapest of 20).

Price implies The share price implies a return on equity of about 11.8%; RiseSun Real Estate Development delivers -97.7%, so the price asks more than the business earns today.

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

Relative performance

809010011 May 202611 Aug 20266 Nov 2026Peer median 79002146.SZ 76
Six months, rebased to 100: RiseSun Real Estate Development against the median of its 20 peers (local-currency closes).

RiseSun Real Estate Development financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥15.5BCN¥26.7BCN¥38.0BCN¥59.0BCN¥31.9B
Revenue growth—-30%-36%+85%—
Gross profitCN¥1.94BCN¥2.18BCN¥3.41BCN¥10.2BCN¥182M
EBITDAn/a-CN¥5.40B-CN¥3.42BCN¥5.96B-CN¥13.8B
Net income-CN¥7.93B-CN¥9.43B-CN¥8.44BCN¥385M-CN¥16.3B
Free cash flow-CN¥209M-CN¥716M-CN¥1.79B-CN¥1.50BCN¥2.12B
Capital expenditureCN¥23.2MCN¥25.2MCN¥94.6MCN¥30.6MCN¥130M
Total debtCN¥39.1BCN¥40.9BCN¥42.4BCN¥44.1BCN¥46.0B

Quarterly statements and history in the cockpit →

RiseSun Real Estate 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

-40%-20%0%-20%-10%0%0588HEM002285000036300917Z25IBULLSLTD600743BASSMAHLIFE0126309347FRENYZBL000863SCHST6007906003400000113316002146.SZ6-month return →1-month return →
Up and to the right = strong over both horizons. RiseSun Real Estate Development is the large dot.

Fundamentals: return on equity against price-to-book

-100%-50%0%00×2.50×50×7.50×0588HEM002285000036300917Z25IBULLSLTD60074301263093470000113316002146.SZReturn on equity →Price / book →
A bank or insurer earning more on its equity usually trades at a higher multiple of book; points far above the trend are priced for more. RiseSun Real Estate Development is the large dot.

Capital: ROE delivered against the ROE the price implies

-100%-50%0%50%-100%-50%0%50%0588HEM002285000036300917Z25600743MAHLIFE0126300000113316002146.SZROE delivered →ROE the price implies →
Above the diagonal = the price asks for a higher return on equity than the business earns today. RiseSun Real Estate Development is the large dot.

RiseSun Real Estate Development competitors and peer comparison

How RiseSun Real Estate 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.

RiseSun Real Estate Development against its 20 peers (data as of 6 Nov 2026)
Measure002146.SZPeer medianRank in peer set
1-month return-15.9%-9.1%6th lowest of 21
6-month return-21.5%-17.3%9th lowest of 21
Return on equity-97.7%7.2%lowest of 20
Price / book1.06×1.43×9th cheapest of 20
ROE the price implies11.8%8.2%8th most demanding of 19
ROE delivered-97.7%5.0%lowest of 19

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthROEPrice / bookImplied ROEDelivered ROE
RiseSun Real Estate Development 002146.SZChina$691M-21%-48%-98%1.06×11.8%-97.7%
Beijing North Star 0588.HKHong Kong$691M-22%-6%-17%0.15×3.8%-17.2%
Hemnet HEM.STSweden$691M-31%-18%36%8.32×41.1%36.4%
Shenzhen WorldUnion 002285.SZChina$693M-25%-22%-25%2.16×17.2%-25.4%
China Union 000036.SZChina$693M-41%+80%1%0.86×7.9%1.2%
Shenzhen SDG Service 300917.SZChina$695M-19%+7%11%3.73×54.2%10.6%
Yanlord Land Z25.SISingapore$696M-40%-55%-1%0.14×2.7%-0.8%
Indiabulls IBULLSLTD.NSIndia$704M+48%+86%20%2.14×43.8%n/a
Beijing Huayuan Xinhang 600743.SSChina$679M-22%-77%-17%8.45×63.0%-16.7%
Bassac BASS.PAFrance$679M-19%+16%12%0.68×6.6%12.3%
Mahindra Lifespace Developers MAHLIFE.NSIndia$706M-10%+839%8%1.82×25.4%8.5%
HDC 012630.KSSouth Korea$676M-29%-10%15%0.31×3.8%14.8%
NIPPON KANZAI 9347.TJapan$714M+4%+7%10%1.43×5.4%10.5%
Fundamenta Real Estate FREN.SWSwitzerland$716M-1%+3%7%0.96×n/a7.2%
Zambal Spain SOCIMI YZBL.MCSpain$663M-1%+1%3%0.77×5.0%2.9%
Sanxiang Impression 000863.SZChina$722M-16%+48%-4%1.11×7.3%-3.9%
Nordeste Properties Socimi SCHST.MCSpain$661M-2%+9%10%2.10×8.5%10.4%
Zhejiang China Light & Textile Industrial City 600790.SSChina$660M-23%-9%3%0.72×4.4%2.9%
China Fortune Land Development 600340.SSChina$660M-12%-43%n/an/an/an/a
Shenzhen Properties & Resources Development (Group) 000011.SZChina$733M+11%-16%-3%1.63×10.2%-3.5%
Binjiang Service 3316.HKHong Kong$734M-14%+14%37%2.90×22.2%36.8%

Questions

Which companies are RiseSun Real Estate Development's closest peers?
The cockpit's peer set: Beijing North Star (0588.HK), Hemnet (HEM.ST), Shenzhen WorldUnion (002285.SZ), China Union (000036.SZ), Shenzhen SDG Service (300917.SZ), Yanlord Land (Z25.SI), Indiabulls (IBULLSLTD.NS), Beijing Huayuan Xinhang (600743.SS).
Is RiseSun Real Estate Development expensive compared with its peers?
On price / book it trades at 1.06× against a peer median of 1.43×, 9th cheapest of 20 in its peer set. The share price implies a return on equity of about 11.8%; RiseSun Real Estate Development delivers -97.7%, so the price asks more than the business earns today.
How has RiseSun Real Estate Development stock performed?
Over six months to 6 Nov 2026 the shares returned -21.5% against -17.3% for the median peer; over one year -36.5%.

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.