Which companies are Jianglong Shipbuilding's closest peers?

The cockpit's peer set: Endur (ENDUR.OL), Ajax Engineering (AJAXENGG.NS), Jinxi Axle (600495.SS), Wetown Electric (688226.SS), VBG (VBG-B.ST), Shanghai Chuangli (603012.SS), Niutech Technology (688309.SS), Shandong Mining Machinery (002526.SZ).

Is Jianglong Shipbuilding expensive compared with its peers?

On forward p/e it trades at 42.5× against a peer median of 17.7×, 2nd most expensive of 11 in its peer set.

How has Jianglong Shipbuilding stock performed?

Over six months to 6 Nov 2026 the shares returned -25.4% against -15.3% for the median peer; over one year -1.2%.

← CockpitCompetitor Analysis › 300589.SZ Jianglong Shipbuilding Co., Ltd. Class AOpen in the cockpit ↗

Jianglong Shipbuilding Co., Ltd. Class A300589.SZCompetitor analysis, valuation and peers

China · CNY·Industrials›Trucks/Construction/Farm Machinery

Momentum neutral 48

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$699M

US dollars, full cap

Free float

78%

of shares outstanding

$/day

$63.4M

20-day average traded

Fwd P/E

42.5×

forward earnings

ROIC−WACC

-12.2 pp

WACC 6.8%

Hurdle

n/a

no reverse DCF

Next earnings

173 days

28 Apr 2027

Close · CNYCN¥12.34

1D-2.9%

1W+5.2%

1M-9.1%

3M-3.7%

6M-25.4%

YTD-31.6%

1Y-1.2%

ATR %7.1%

52w lowhigh54.1% off high

What Jianglong Shipbuilding does

Employees: 842

Jianglong Shipbuilding at a glance

Size Jianglong Shipbuilding (300589.SZ) is a China Industrials company (Trucks/Construction/Farm Machinery) with a market value of $699M, the 3060th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥12.34 on 6 Nov 2026.

Performance Over six months the shares fell 25.4%, against -15.3% for the median peer and -16.4% for the China market (cap-weighted) — 5th lowest of 21 in its peer set.

Growth Revenue fell 8.9% over the last twelve months (peer median +5.9%); the operating margin is -11.7% (peer median 3.5%).

Valuation It trades at 42.5× forward earnings against a peer median of 17.7× (2nd most expensive of 11).

Capital Return on invested capital runs 12.2 points below its cost of capital (6.8% WACC).

Next results Next results expected around 28 Apr 2027 (exchange calendar; dates can move).

Relative performance

Six months, rebased to 100: Jianglong Shipbuilding against the median of its 20 peers (local-currency closes).

Jianglong Shipbuilding financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	CN¥908M	CN¥703M	CN¥1.73B	CN¥1.18B	CN¥679M
Revenue growth	—	-59%	+47%	+74%	—
Gross profit	CN¥71.7M	CN¥15.3M	CN¥134M	CN¥146M	CN¥107M
EBITDA	n/a	-CN¥63.1M	CN¥49.5M	CN¥53.0M	CN¥13.4M
Net income	-CN¥132M	-CN¥131M	CN¥11.2M	CN¥44.1M	CN¥13.1M
Free cash flow	-CN¥107M	-CN¥186M	-CN¥402M	CN¥266M	CN¥30.7M
Capital expenditure	CN¥7.53M	CN¥12.3M	CN¥61.3M	CN¥186M	CN¥113M
Total debt	CN¥503M	CN¥407M	CN¥402M	CN¥467M	CN¥141M

Quarterly statements and history in the cockpit →

Jianglong Shipbuilding 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

Up and to the right = strong over both horizons. Jianglong Shipbuilding is the large dot.

Fundamentals: revenue growth against valuation

Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Jianglong Shipbuilding is the large dot.

Jianglong Shipbuilding competitors and peer comparison

How Jianglong Shipbuilding 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.

Jianglong Shipbuilding against its 20 peers (data as of 6 Nov 2026)
Measure	300589.SZ	Peer median	Rank in peer set
1-month return	-9.1%	-4.1%	8th lowest of 21
6-month return	-25.4%	-15.3%	5th lowest of 21
Distance from 52-week high	-54.1%	-30.7%	2nd lowest of 21
Revenue growth (TTM)	-8.9%	+5.9%	4th lowest of 21
Operating margin	-11.7%	3.5%	3rd lowest of 21
Forward P/E	42.5×	17.7×	2nd most expensive of 11
ROIC minus cost of capital	-12.2 pp	-3.2 pp	3rd lowest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
Company	Market	Market cap	6M return	Revenue growth	Op. margin	Forward P/E	Req g	Delivered g
Jianglong Shipbuilding 300589.SZ	China	$699M	-25%	-9%	-12%	42.5×	n/a	n/a
Endur ENDUR.OL	Norway	$696M	+7%	+88%	5%	19.2×	8.8%	+88.7%
Ajax Engineering AJAXENGG.NS	India	$676M	+1%	+1%	12%	24.3×	25.4%	+23.2%
Jinxi Axle 600495.SS	China	$728M	-6%	+19%	-1%	n/a	22.1%	+2.6%
Wetown Electric 688226.SS	China	$729M	-55%	+54%	3%	29.9×	n/a	n/a
VBG VBG-B.ST	Sweden	$734M	-16%	+5%	10%	16.2×	2.7%	+11.4%
Shanghai Chuangli 603012.SS	China	$738M	-12%	-17%	5%	n/a	8.1%	+2.8%
Niutech Technology 688309.SS	China	$753M	-10%	+79%	26%	n/a	n/a	n/a
Shandong Mining Machinery 002526.SZ	China	$754M	-15%	-6%	1%	n/a	n/a	n/a
Xiamen XGMA Machinery 600815.SS	China	$756M	-36%	+21%	-21%	n/a	n/a	n/a
CSBC Corp. Taiwan 2208.TW	Taiwan	$642M	-18%	-15%	-5%	n/a	n/a	n/a
Beijing Tianma Intelligent Control Technology 688570.SS	China	$628M	-22%	-5%	-1%	44.5×	14.1%	+6.8%
Balu Forge Industries BALUFORGE.NS	India	$624M	-10%	+31%	26%	15.9×	n/a	n/a
Hangzhou Advance Gearbox 601177.SS	China	$786M	-19%	+1%	4%	n/a	14.5%	+4.6%
Chengdu Xinzhu Road & Bridge Machinery 002480.SZ	China	$620M	-18%	-21%	-4%	n/a	12.5%	-8.7%
Weihai Guangtai Airport Equipment 002111.SZ	China	$620M	-29%	+11%	6%	14.7×	5.8%	+2.4%
Shaanxi Construction Machinery 600984.SS	China	$611M	-24%	-4%	-61%	n/a	6.9%	-8.6%
Gemac Engineering Machinery 301048.SZ	China	$801M	-8%	+7%	8%	n/a	4.1%	+4.0%
Greenworks (Jiangsu) 301260.SZ	China	$804M	-35%	-1%	-8%	19.1×	n/a	n/a
Beijing Tieke Shougang Railway-Tech 688569.SS	China	$606M	-5%	+24%	22%	16.1×	-2.0%	+0.8%
Manitowoc MTW	United States	$808M	-3%	+9%	3%	16.2×	11.2%	+9.2%

Questions

Which companies are Jianglong Shipbuilding's closest peers?: The cockpit's peer set: Endur (ENDUR.OL), Ajax Engineering (AJAXENGG.NS), Jinxi Axle (600495.SS), Wetown Electric (688226.SS), VBG (VBG-B.ST), Shanghai Chuangli (603012.SS), Niutech Technology (688309.SS), Shandong Mining Machinery (002526.SZ).
Is Jianglong Shipbuilding expensive compared with its peers?: On forward p/e it trades at 42.5× against a peer median of 17.7×, 2nd most expensive of 11 in its peer set.
How has Jianglong Shipbuilding stock performed?: Over six months to 6 Nov 2026 the shares returned -25.4% against -15.3% for the median peer; over one year -1.2%.