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← CockpitCompetitor Analysis › 180305.SZ China Southern SF Express Closed Infrastructure REITOpen in the cockpit ↗

China Southern SF Express Closed Infrastructure REIT180305.SZCompetitor analysis, valuation and peers

China · CNY·Real Estate›Real Estate Investment Trusts
Momentum strong 72
Mkt cap
$490M
US dollars, full cap
$/day
$1.35M
20-day average traded
P/B
1.01×
price to book
ROE
1.2%
delivered
Implied ROE
5.1%
what the price asks
Close · CNYCN¥3.27
1D-0.5%
1W-0.6%
1M-3.0%
3M-0.9%
6M-12.3%
YTD-18.3%
1Y-17.5%
ATR %1.8%
52w lowhigh26.4% off high

What China Southern SF Express Closed Infrastructure REIT does

No business profile yet.

China Southern SF Express Closed Infrastructure REIT at a glance

Size China Southern SF Express Closed Infrastructure REIT (180305.SZ) is a China Real Estate company (Real Estate Investment Trusts) with a market value of $490M, the 3903rd largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥3.27 on 6 Nov 2026.

Performance Over six months the shares fell 12.3%, against -15.9% for the median peer and -16.4% for the China market (cap-weighted) — 10th highest of 21 in its peer set.

Growth The operating margin is 10.4% (peer median 46.5%).

Valuation It trades at 1.01× book value against a peer median of 0.70× (5th most expensive of 21).

Price implies The share price implies a return on equity of about 5.1%; China Southern SF Express Closed Infrastructure REIT delivers 1.2%, so the price asks more than the business earns today.

Relative performance

9010011 May 202611 Aug 20266 Nov 2026180305.SZ 88Peer median 84
Six months, rebased to 100: China Southern SF Express Closed Infrastructure REIT against the median of its 20 peers (local-currency closes).

China Southern SF Express Closed Infrastructure REIT financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025
RevenueCN¥231MCN¥182M
Revenue growth——
Gross profitCN¥25.7MCN¥26.1M
EBITDACN¥162MCN¥127M
Net incomeCN¥40.9MCN¥38.6M
Free cash flowCN¥176MCN¥86.8M
Capital expenditureCN¥16.7MCN¥10.0M
Total debtn/aCN¥0

Quarterly statements and history in the cockpit →

China Southern SF Express Closed Infrastructure REIT 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%0%GOOD293940YTSTAPR-UN0435HPPTRTXNRRFBRT365550ADAM3492OLP3487DXIRFF8977ABGAP-UN180203180305.SZ6-month return →1-month return →
Up and to the right = strong over both horizons. China Southern SF Express Closed Infrastructure REIT is the large dot.

Fundamentals: return on equity against price-to-book

-20%-10%0%10%0.50×10×1.50×GOOD293940YTSTAPR-UN0435HPPTRTXNRRFBRT365550ADAM3492OLP3487RFF8977ABGAP-UN180203180305.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. China Southern SF Express Closed Infrastructure REIT is the large dot.

Capital: ROE delivered against the ROE the price implies

-40%-20%0%20%-40%-20%0%20%GOOD293940YTST0435HPPTRTXNRRABGAP-UN180305.SZROE delivered →ROE the price implies →
Above the diagonal = the price asks for a higher return on equity than the business earns today. China Southern SF Express Closed Infrastructure REIT is the large dot.

China Southern SF Express Closed Infrastructure REIT competitors and peer comparison

How China Southern SF Express Closed Infrastructure REIT 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.

China Southern SF Express Closed Infrastructure REIT against its 20 peers (data as of 6 Nov 2026)
Measure180305.SZPeer medianRank in peer set
1-month return-3.0%-0.2%10th lowest of 21
6-month return-12.3%-15.9%10th highest of 21
Return on equity1.2%4.7%8th lowest of 21
Price / book1.01×0.70×5th most expensive of 21
Trailing P/E80.0×16.4×3rd most expensive of 14
ROE the price implies5.1%5.5%9th least demanding of 21
ROE delivered1.2%4.1%8th lowest of 20

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthROEPrice / bookImplied ROEDelivered ROE
China Southern SF Express Closed Infrastructure REIT 180305.SZChina$490M-12%n/a1%1.01×5.1%1.2%
Gladstone Commercial GOODUnited States$497M-21%+11%5%3.36×27.5%5.4%
Shinhan Alpha REIT 293940.KSSouth Korea$497M-8%+45%3%1.09×5.7%3.1%
Testa Residencial Socimi YTST.MCSpain$482M+13%-2%10%0.42×4.1%9.5%
Automotive Properties Real Estate Investment Trust APR-UN.TOCanada$499M+11%+18%9%0.96×5.1%9.1%
Sunlight Real Estate Investment Trust 0435.HKHong Kong$481M-10%-5%-2%0.31×4.3%-1.8%
Hudson Pacific Properties HPPUnited States$471M-22%+3%-18%0.19×5.3%-17.8%
TPG RE Finance Trust TRTXUnited States$512M-21%+6%4%0.50×7.7%4.1%
NewRiver REIT NRR.LUnited Kingdom$470M+6%+45%7%0.75×8.8%6.7%
Franklin BSP Realty Trust FBRTUnited States$469M-32%-1%1%0.43×6.3%1.1%
ESR Kendall Square REIT 365550.KSSouth Korea$513M-37%+11%1%0.63×4.6%0.6%
Adamas Trust ADAMUnited States$514M-36%+35%0%0.70×9.0%-0.1%
MIRARTH Real Estate Investment 3492.TJapan$461M-18%+35%5%0.73×3.7%5.5%
One Liberty Properties OLPUnited States$461M-10%+11%8%1.47×12.5%n/a
CRE Logistics REIT 3487.TJapan$460M-23%+23%5%0.89×4.2%5.4%
Dexus Industria REIT DXI.AXAustralia$525M+3%-12%7%0.71×9.3%6.9%
Rural Funds RFF.AXAustralia$532M-1%+7%11%0.68×8.4%10.6%
Hankyu Hanshin REIT 8977.TJapan$533M-19%-38%5%0.97×4.3%5.3%
Abacus ABG.AXAustralia$539M-13%-5%-5%0.55×7.0%-5.0%
Allied Properties Real Estate Investment Trust AP-UN.TOCanada$539M-61%-5%-43%0.21×4.3%-43.5%
China Merchants CMET Closed Infrastructure Real Estate Investment Trust Registered Unit 180203.SZChina$541M0%+451%2%1.21×3.8%2.4%

Questions

Which companies are China Southern SF Express Closed Infrastructure REIT's closest peers?
The cockpit's peer set: Gladstone Commercial (GOOD), Shinhan Alpha REIT (293940.KS), Testa Residencial Socimi (YTST.MC), Automotive Properties Real Estate Investment Trust (APR-UN.TO), Sunlight Real Estate Investment Trust (0435.HK), Hudson Pacific Properties (HPP), TPG RE Finance Trust (TRTX), NewRiver REIT (NRR.L).
Is China Southern SF Express Closed Infrastructure REIT expensive compared with its peers?
On price / book it trades at 1.01× against a peer median of 0.70×, 5th most expensive of 21 in its peer set. The share price implies a return on equity of about 5.1%; China Southern SF Express Closed Infrastructure REIT delivers 1.2%, so the price asks more than the business earns today.
How has China Southern SF Express Closed Infrastructure REIT stock performed?
Over six months to 6 Nov 2026 the shares returned -12.3% against -15.9% for the median peer; over one year -17.5%.

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.