Loading…
← CockpitCompetitor Analysis › 003039.SZ Guangdong Shunkong Development Co., Ltd. Class AOpen in the cockpit ↗

Guangdong Shunkong Development Co., Ltd. Class A003039.SZCompetitor analysis, valuation and peers

China · CNY·Utilities›Water Utilities

Local utility/infrastructure company in Shunde, Guangdong.

Momentum strong 67
Mkt cap
$1.12B
US dollars, full cap
Free float
21%
of shares outstanding
$/day
$7.75M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
+2.0 pp
WACC 7.2%
Hurdle
-8 pp
Req g minus delivered
Close · CNYCN¥12.05
1D+0.4%
1W+3.1%
1M-5.3%
3M-1.3%
6M-15.7%
YTD-24.4%
1Y-12.7%
ATR %2.9%
52w lowhigh35.7% off high

What Guangdong Shunkong Development does

Local utility/infrastructure company in Shunde, Guangdong.

Where it sits in the supply chain

  • Utilities
  • Municipal utilities

Moat: none

Headquarters: Foshan, Guangdong, China · Employees: 2,240

Guangdong Shunkong Development at a glance

Size Guangdong Shunkong Development (003039.SZ) is a China Utilities company (Water Utilities) with a market value of $1.12B, the 2089th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥12.05 on 6 Nov 2026.

Performance Over six months the shares fell 15.7%, against -8.5% for the median peer and -16.4% for the China market (cap-weighted) — 10th lowest of 21 in its peer set.

Growth Revenue grew 6.5% over the last twelve months (peer median +2.6%); the operating margin is 24.8% (peer median 20.7%).

Valuation It trades at 4.6× enterprise value to sales against a peer median of 4.5× (10th most expensive of 21).

Price implies For today's price to make sense, revenue must grow about 4% a year for seven years (Req g). Recent delivered growth is +12%, so the hurdle is -8 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 2.0 points above its cost of capital (7.2% WACC).

Relative performance

809010011 May 202611 Aug 20266 Nov 2026Peer median 90003039.SZ 84
Six months, rebased to 100: Guangdong Shunkong Development against the median of its 20 peers (local-currency closes).

Guangdong Shunkong Development financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥2.29BCN¥2.22BCN¥1.83BCN¥1.45BCN¥1.32B
Revenue growth—+21%+26%+10%—
Gross profitCN¥1.33BCN¥942MCN¥770MCN¥603MCN¥578M
EBITDAn/aCN¥932MCN¥812MCN¥643MCN¥634M
Net incomeCN¥326MCN¥304MCN¥268MCN¥244MCN¥239M
Free cash flowCN¥48.7M-CN¥19.4M-CN¥33.7MCN¥266MCN¥245M
Capital expenditureCN¥542MCN¥623MCN¥531MCN¥300MCN¥372M
Total debtCN¥3.11BCN¥2.96BCN¥2.33BCN¥1.03BCN¥726M

Quarterly statements and history in the cockpit →

Guangdong Shunkong 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

-20%0%+20%-10%0%+10%MSEX0855000711601199600461600769600283601368603759YORW000685603291CWCO601158HTOPNNCWT000598ARTNA003039.SZ6-month return →1-month return →
Up and to the right = strong over both horizons. Guangdong Shunkong Development is the large dot.

Fundamentals: revenue growth against valuation

0%+20%+40%5×10×MSEX0855000711601199600461600769600283601368603759YORW000685603291CWCO601158HTO600008PNNCWT003039.SZRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Guangdong Shunkong Development is the large dot.

Capital: growth delivered against growth the price implies

-10%0%+10%-10%0%10%0855601199600461000685603291CWCO601158600008000598003039.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. Guangdong Shunkong Development is the large dot.

Guangdong Shunkong Development competitors and peer comparison

How Guangdong Shunkong 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.

Guangdong Shunkong Development against its 20 peers (data as of 6 Nov 2026)
Measure003039.SZPeer medianRank in peer set
1-month return-5.3%-2.4%9th lowest of 21
6-month return-15.7%-8.5%10th lowest of 21
Distance from 52-week high-35.7%-20.9%7th lowest of 21
Revenue growth (TTM)+6.5%+2.6%8th highest of 21
Operating margin24.8%20.7%7th highest of 21
EV / Sales4.6×4.5×10th most expensive of 21
Growth the price implies (Req g, 7 yrs)4.3%-0.6%3rd most demanding of 10
Growth delivered (Del g)+12.5%+6.9%3rd highest of 10
Hurdle (Req g minus delivered)-8.2 pp-8.2 pp5th least demanding of 10
ROIC minus cost of capital+2.0 pp-0.1 pp6th highest 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 Shunkong Development 003039.SZChina$1.12B-16%+6%25%4.6×4.3%+12.5%
Middlesex Water MSEXUnited States$1.15B+16%+9%31%7.5×n/an/a
China Water Affairs 0855.HKHong Kong$823M-22%-11%25%3.8×-0.6%0.0%
Indium Target Advanced Materials (Harbin) 000711.SZChina$1.54B-27%+46%-4%11.2×n/an/a
Jiangsu Jiangnan Water 601199.SSChina$763M+2%-4%12%3.3×-1.5%+8.9%
Jiangxi Hongcheng Environment 600461.SSChina$1.69B-17%-11%24%2.6×-10.2%+2.6%
Wuhan Xianglong Power Industry 600769.SSChina$687M-24%+4%20%52.4×n/an/a
Qianjiang Water Resources Development 600283.SSChina$627M-19%+7%11%3.0×n/an/a
Guangxi Nanning Waterworks 601368.SSChina$601M-9%0%22%8.4×n/an/a
Haitian Water 603759.SSChina$535M-17%+112%5%1.4×n/an/a
York Water YORWUnited States$529M+10%+9%37%8.6×n/an/a
Zhongshan Public Utilities 000685.SZChina$2.36B-8%-11%11%5.3×9.9%+16.2%
Jiangsu United Water Technology 603291.SSChina$476M-35%-13%11%4.1×-0.5%+6.9%
Consolidated Water CWCOUnited States$436M-17%-1%12%2.4×4.5%+12.7%
Chongqing Water 601158.SSChina$3.01B-6%+1%14%3.9×-5.0%+3.5%
H2O America HTOUnited States$3.04B+9%+4%21%5.4×n/an/a
Beijing Capital Eco-Environment Protection 600008.SSChina$3.09B-8%-8%21%4.7×0.3%-0.4%
Pennon PNN.LUnited Kingdom$3.18B-35%+23%25%5.3×n/an/a
California Water Service CWTUnited States$3.21B+17%+7%21%4.4×n/an/a
Chengdu Xingrong Environment 000598.SZChina$3.27B+7%+1%29%3.7×-8.2%+10.8%
Artesian Resources ARTNAUnited States$357M+7%+6%32%4.5×n/an/a

Questions

Which companies are Guangdong Shunkong Development's closest peers?
The cockpit's peer set: Middlesex Water (MSEX), China Water Affairs (0855.HK), Indium Target Advanced Materials (Harbin) (000711.SZ), Jiangsu Jiangnan Water (601199.SS), Jiangxi Hongcheng Environment (600461.SS), Wuhan Xianglong Power Industry (600769.SS), Qianjiang Water Resources Development (600283.SS), Guangxi Nanning Waterworks (601368.SS).
Is Guangdong Shunkong Development expensive compared with its peers?
On ev / sales it trades at 4.6× against a peer median of 4.5×, 10th most expensive of 21 in its peer set. For today's price to make sense, revenue must grow about 4% a year for seven years (Req g). Recent delivered growth is +12%, so the hurdle is -8 pp: the price already allows for a slowdown.
How has Guangdong Shunkong Development stock performed?
Over six months to 6 Nov 2026 the shares returned -15.7% against -8.5% for the median peer; over one year -12.7%.

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.