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← CockpitCompetitor Analysis › 600095.SS Xiangcai Co., Ltd. Class AOpen in the cockpit ↗

Xiangcai Co., Ltd. Class A600095.SSCompetitor analysis, valuation and peers

China · CNY·Real Estate›Real Estate Development

Former Hainan developer now a financial holding company, primarily owning Xiangcai Securities, a Chinese brokerage.

≈ A real-estate shell that pivoted into owning a brokerageMomentum weak 32
Mkt cap
$3.07B
US dollars, full cap
Free float
42%
of shares outstanding
$/day
$72.5M
20-day average traded
Fwd P/E
26.5×
forward earnings
ROIC−WACC
n/a
WACC 6.0%
Hurdle
n/a
no reverse DCF
Next earnings
157 days
12 Apr 2027
Close · CNYCN¥7.15
1D-2.0%
1W+6.4%
1M-16.4%
3M-11.8%
6M-19.5%
YTD-35.4%
1Y-42.0%
ATR %5.2%
52w lowhigh47.7% off high

What Xiangcai does

Former Hainan developer now a financial holding company, primarily owning Xiangcai Securities, a Chinese brokerage.

In one line: A real-estate shell that pivoted into owning a brokerage.

Products and services

  • Securities brokerage
  • Legacy real estate assets

Customers

  • Retail and institutional brokerage clients

Where it sits in the supply chain

  • Financials (via subsidiary)
  • Financial holding company
  • Securities brokerage (Xiangcai…

What could go right

  • Brokerage/capital markets activity levels

What could go wrong

  • Securities market trading-volume cyclicality

Moat: none (regulatory licence). Value now rests on its licensed brokerage subsidiary rather than real estate operations.

Headquarters: Shanghai, China · Employees: 2,354

Named competitors

Xiangcai at a glance

Size Xiangcai (600095.SS) is a China Real Estate company (Real Estate Development) with a market value of $3.07B, the 843rd largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥7.15 on 6 Nov 2026.

Performance Over six months the shares fell 19.5%, against -6.3% for the median peer and -16.4% for the China market (cap-weighted) — 7th lowest of 20 in its peer set.

Growth Revenue fell 3.4% over the last twelve months (peer median +7.3%); the operating margin is 12.1% (peer median 28.6%).

Valuation It trades at 26.5× forward earnings against a peer median of 18.6× (6th most expensive of 18).

Next results Next results expected around 12 Apr 2027 (exchange calendar; dates can move).

Relative performance

8010011 May 202611 Aug 20266 Nov 2026Peer median 95600095.SS 78
Six months, rebased to 100: Xiangcai against the median of its 20 peers (local-currency closes).

Xiangcai financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥2.35BCN¥2.41BCN¥2.18BCN¥2.31BCN¥3.50B
Revenue growth—+11%-6%-34%—
Gross profitCN¥1.69BCN¥1.40BCN¥1.08BCN¥1.05BCN¥1.03B
EBITDAn/aCN¥328MCN¥176MCN¥82.8MCN¥168M
Net incomeCN¥298MCN¥464MCN¥109MCN¥119M-CN¥326M
Free cash flowCN¥483MCN¥1.59BCN¥5.74B-CN¥1.50BCN¥753M
Capital expenditureCN¥91.4MCN¥58.0MCN¥69.9MCN¥102MCN¥86.7M
Total debtCN¥29.8BCN¥30.3BCN¥10.4BCN¥9.79BCN¥10.2B

Quarterly statements and history in the cockpit →

Xiangcai 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%+40%-20%0%+20%U06MOBN600208CWK6000072602HGVTQ5UTG0000290683600246600606CATEVTMXSVSTEG600095.SS6-month return →1-month return →
Up and to the right = strong over both horizons. Xiangcai is the large dot.

Fundamentals: revenue growth against valuation

-20%0%+20%20×40×60×MOBN600208CWK6000072602HGVTQ5UTGPNDX-B0683600606VTMXWALL-BTEG600095.SSRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Xiangcai is the large dot.

Xiangcai competitors and peer comparison

Head to head with its named competitors (600095.SS vs 601788.SS vs 601881.SS vs 601162.SS)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
Xiangcai 600095.SS$3.07B-19%-3%12%26.5×n/a
Everbright Securities 601788.SS$8.70B-9%-4%36%14.6×n/a
China Galaxy Securities 601881.SS$16.1B-8%-20%37%9.5×n/a
Tianfeng Securities 601162.SS$4.91B-9%-20%3%65.0×n/a
Guoyuan Securities 000728.SZ$4.53B-6%-23%34%10.3×n/a
Changjiang Securities 000783.SZ$5.77B-13%+13%37%8.1×n/a
Zheshang Securities 601878.SS$6.03B-10%-4%32%13.0×n/a
Dongxing Securities 601198.SSn/a-4%n/an/an/an/a

How Xiangcai 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.

Xiangcai against its 20 peers (data as of 6 Nov 2026)
Measure600095.SSPeer medianRank in peer set
1-month return-16.4%+6.0%2nd lowest of 21
6-month return-19.5%-6.3%7th lowest of 20
Distance from 52-week high-47.7%-22.0%3rd lowest of 21
Revenue growth (TTM)-3.4%+7.3%8th lowest of 20
Operating margin12.1%28.6%7th lowest of 20
Forward P/E26.5×18.6×6th most expensive of 18

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Xiangcai 600095.SSChina$3.07B-19%-3%12%26.5×n/an/a
Singapore Land U06.SISingapore$3.08B-25%+4%36%n/an/an/a
Mobimo MOBN.SWSwitzerland$3.17B-1%+15%42%26.9×n/an/a
Quzhou Xin'an Development 600208.SSChina$3.25B-43%-4%-17%52.0×n/an/a
Cushman & Wakefield CWKUnited States$3.28B-2%+10%4%8.8×n/an/a
China World Trade Center 600007.SSChina$3.31B+4%-4%42%18.6×n/an/a
Onewo 2602.HKHong Kong$2.84B+6%+8%3%20.6×n/an/a
Hilton Grand Vacations HGVUnited States$3.33B-10%+19%17%9.4×n/an/a
Frasers Property TQ5.SISingapore$2.80B-20%-21%29%26.8×n/an/a
UNITE UTG.LUnited Kingdom$3.41B+5%+12%46%11.9×n/an/a
Pandox PNDX-B.STSweden$3.43B-1%+15%58%14.6×n/an/a
Shenzhen Special Economic Zone Real Estate and Properties (Group) 000029.SZChina$2.73B-6%-24%14%n/an/an/a
Kerry Properties 0683.HKHong Kong$3.47B-26%-22%24%14.2×n/an/a
Vantone Neo Development 600246.SSChina$2.69B-14%+22%-152%n/an/an/a
Greenland 600606.SSChina$2.66B-20%-30%-12%63.0×n/an/a
Catena CATE.STSweden$2.61B-11%+17%82%13.4×n/an/a
Eaglerock Land LLC EROKUnited States$2.60Bn/an/an/a29.6×n/an/a
Corporacion Inmobiliaria Vesta S.A.B. de C.V. Sponsored ADR VTMXUnited States$3.62B+6%+18%76%19.5×n/an/a
Wallenstam WALL-B.STSweden$2.57B-2%+2%60%19.3×n/an/a
Savills SVS.LUnited Kingdom$2.56B+37%+7%5%13.4×n/an/a
TAG Immobilien TEG.DEGermany$2.51B-20%-5%31%10.1×n/an/a

Questions

Who are Xiangcai's main competitors?
Named competitors: Everbright Securities (601788.SS), China Galaxy Securities (601881.SS), Tianfeng Securities (601162.SS), Guoyuan Securities (000728.SZ), Changjiang Securities (000783.SZ), Zheshang Securities (601878.SS). The cockpit's measured peer set (industry) also includes Singapore Land (U06.SI), Mobimo (MOBN.SW), Quzhou Xin'an Development (600208.SS), Cushman & Wakefield (CWK), China World Trade Center (600007.SS), Onewo (2602.HK).
Is Xiangcai expensive compared with its peers?
On forward p/e it trades at 26.5× against a peer median of 18.6×, 6th most expensive of 18 in its peer set.
How has Xiangcai stock performed?
Over six months to 6 Nov 2026 the shares returned -19.5% against -6.3% for the median peer; over one year -42.0%.

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.