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← CockpitCompetitor Analysis › 002400.SZ Guangdong Advertising Group Co., Ltd. Class AOpen in the cockpit ↗

Guangdong Advertising Group Co., Ltd. Class A002400.SZCompetitor analysis, valuation and peers

China · CNY·Communication Services›Advertising/Marketing Services

State-linked Guangdong advertising and media group providing outdoor advertising, print media and marketing services.

≈ A regional Chinese outdoor-advertising and media-services companyMomentum strong 63
Mkt cap
$1.72B
US dollars, full cap
Free float
74%
of shares outstanding
$/day
$82.5M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
-6.8 pp
WACC 7.8%
Hurdle
n/a
no reverse DCF
Close · CNYCN¥6.56
1D-0.9%
1W+18.0%
1M+5.3%
3M-3.5%
6M-26.8%
YTD-26.0%
1Y-18.1%
ATR %5.4%
52w lowhigh52.8% off high

What Guangdong Advertising does

State-linked Guangdong advertising and media group providing outdoor advertising, print media and marketing services.

In one line: A regional Chinese outdoor-advertising and media-services company.

Products and services

  • Outdoor advertising
  • Print/media advertising services

Customers

  • Brand advertisers in Guangdong and nationally

Where it sits in the supply chain

  • Communication services
  • Advertising/media services
  • Outdoor advertising & print media

What could go right

  • Regional brand advertising spend growth

What could go wrong

  • Ad-spend cyclicality
  • Digital advertising displacing traditional outdoor/print

Moat: none (distribution). Regional advertising-space assets and government-media ties, but advertising is a competitive, low-differentiation business.

Headquarters: Guangzhou, China · Employees: 2,691

Named competitors

Guangdong Advertising at a glance

Size Guangdong Advertising (002400.SZ) is a China Communication Services company (Advertising/Marketing Services) with a market value of $1.72B, the 1453rd largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥6.56 on 6 Nov 2026.

Performance Over six months the shares fell 26.8%, against -5.2% for the median peer and -16.4% for the China market (cap-weighted) — 4th lowest of 21 in its peer set.

Growth Revenue grew 11.1% over the last twelve months (peer median +10.8%); the operating margin is 0.2% (peer median 2.0%).

Valuation It trades at 0.6× enterprise value to sales against a peer median of 2.2× (4th cheapest of 21).

Capital Return on invested capital runs 6.8 points below its cost of capital (7.8% WACC).

Relative performance

608010011 May 202611 Aug 20266 Nov 2026Peer median 94002400.SZ 68
Six months, rebased to 100: Guangdong Advertising against the median of its 20 peers (local-currency closes).

Guangdong Advertising financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥24.0BCN¥21.3BCN¥20.6BCN¥16.7BCN¥14.6B
Revenue growth—+3%+24%+14%—
Gross profitCN¥1.35BCN¥1.18BCN¥1.35BCN¥1.37BCN¥1.42B
EBITDAn/aCN¥186MCN¥279MCN¥235MCN¥353M
Net income-CN¥43.3MCN¥90.0MCN¥101MCN¥153MCN¥213M
Free cash flow-CN¥459M-CN¥400M-CN¥276MCN¥471M-CN¥384M
Capital expenditureCN¥14.4MCN¥12.7MCN¥16.9MCN¥10.5MCN¥95.4M
Total debtCN¥4.20BCN¥3.36BCN¥1.45BCN¥1.34BCN¥966M

Quarterly statements and history in the cockpit →

Guangdong Advertising 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%-20%0%+20%2556002181HAVAS000917SBET6006406005566051680300005032SAX002115QNSTDJT2433301171600358PTRN603598002291002400.SZ6-month return →1-month return →
Up and to the right = strong over both horizons. Guangdong Advertising is the large dot.

Fundamentals: revenue growth against valuation

0%+50%+100%0×10×20×2556002181HAVAS000917SBET600640600556030000002115QNSTDJT301171600358PTRN002291002400.SZRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Guangdong Advertising is the large dot.

Guangdong Advertising competitors and peer comparison

Head to head with its named competitors (002400.SZ vs 002027.SZ vs 300058.SZ)
CompanyMarket cap6M returnRevenue growthOp. marginEV / SalesReq g
Guangdong Advertising 002400.SZ$1.72B-27%+11%0%0.6×n/a
Focus Media Information Technology 002027.SZ$12.0B-12%-2%30%6.1×1.2%
BlueFocus Intelligent Communications 300058.SZ$6.98B-24%+6%0%0.6×58.3%

How Guangdong Advertising 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.

Guangdong Advertising against its 20 peers (data as of 6 Nov 2026)
Measure002400.SZPeer medianRank in peer set
1-month return+5.3%+2.6%8th highest of 21
6-month return-26.8%-5.2%4th lowest of 21
Distance from 52-week high-52.8%-38.1%5th lowest of 21
Revenue growth (TTM)+11.1%+10.8%11th highest of 21
Operating margin0.2%2.0%7th lowest of 20
EV / Sales0.6×2.2×4th cheapest of 21
ROIC minus cost of capital-6.8 pp-2.7 pp7th lowest of 20

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Guangdong Advertising 002400.SZChina$1.72B-27%+11%0%0.6×n/an/a
Marketingforce Management 2556.HKHong Kong$1.53B+10%+128%6%2.5×16.6%+38.8%
Guangdong Guangzhou Daily Media 002181.SZChina$1.96B-32%0%-6%22.0×n/an/a
Havas HAVAS.ASNetherlands$1.99B+10%+1%9%0.7×-8.4%+1.8%
Hunan TV & Broadcast Intermediary 000917.SZChina$1.43B-23%-2%3%2.5×17.1%-6.1%
Sharplink SBETUnited States$1.36B-16%+1,497%-19%25.9×n/an/a
New Guomai Digital Culture 600640.SSChina$1.35B-8%-11%-2%4.2×57.0%-16.4%
InMyShow Digital Technology (Group) 600556.SSChina$1.33B-17%+25%-2%1.9×n/an/a
Three's Company Future Technology 605168.SSChina$1.32B-12%+11%6%2.1×33.3%+5.5%
CheilWorldwide 030000.KSSouth Korea$1.26B-2%-4%7%0.4×-17.6%+10.6%
ANYCOLOR 5032.TJapan$1.23B+16%+10%35%3.1×-8.9%+48.8%
Stroeer SE & Co. KGaA SAX.DEGermany$2.41B-1%+3%11%1.9×4.5%+7.5%
Sunwave Communications 002115.SZChina$1.21B-35%+102%1%0.4×26.1%+6.5%
QuinStreet QNSTUnited States$1.18B+58%+18%3%0.9×9.8%+17.5%
Trump Media & Technology DJTUnited States$1.11B-55%+22%-4,052%253.7×n/an/a
Hakuhodo Dy 2433.TJapan$3.05B+34%-6%5%0.5×-2.8%+3.8%
Easy Click Worldwide Network Technology 301171.SZChina$3.20B+3%+29%2%4.1×57.4%+9.1%
China Tourism And Culture Investment 600358.SSChina$911M-11%+125%n/a7.6×n/an/a
Pattern PTRNUnited States$3.24B+15%+44%1%1.0×37.8%+36.2%
Inly Media 603598.SSChina$865M+4%+9%0%0.7×n/an/a
Guangdong Yowant Technology 002291.SZChina$786M-15%-22%-15%2.2×36.3%+9.0%

Questions

Who are Guangdong Advertising's main competitors?
Named competitors: Focus Media (002027.SZ), BlueFocus Communication Group (300058.SZ). The cockpit's measured peer set (industry) also includes Marketingforce Management (2556.HK), Guangdong Guangzhou Daily Media (002181.SZ), Havas (HAVAS.AS), Hunan TV & Broadcast Intermediary (000917.SZ), Sharplink (SBET), New Guomai Digital Culture (600640.SS).
Is Guangdong Advertising expensive compared with its peers?
On ev / sales it trades at 0.6× against a peer median of 2.2×, 4th cheapest of 21 in its peer set.
How has Guangdong Advertising stock performed?
Over six months to 6 Nov 2026 the shares returned -26.8% against -5.2% for the median peer; over one year -18.1%.

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.