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Wenzhou operator of agricultural-produce wholesale markets, with fresh-food supply and soybean-product processing businesses.
Wenzhou operator of agricultural-produce wholesale markets, with fresh-food supply and soybean-product processing businesses.
Earns rent and management fees from the stall holders and traders in the wholesale produce markets it runs in Wenzhou, plus sales from supplying fresh ingredients to kitchens and from making soybean products such as tofu. It has moved away from its earlier lamp-market and property-development roots.
Moat: narrow (distribution). Long-held wholesale-market sites in Wenzhou give local scale and rent income; food supply and processing are competitive.
Headquarters: Wenzhou, China · Employees: 1,060
Size ZheJiang Dong Ri (600113.SS) is a China Industrials company (Wholesale Distributors) with a market value of $1.48B, the 1655th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥24.04 on 6 Nov 2026.
Performance Over six months the shares fell 46.2%, against +1.8% for the median peer and -16.4% for the China market (cap-weighted) — 2nd lowest of 20 in its peer set.
Growth Revenue fell 1.4% over the last twelve months (peer median +6.7%); the operating margin is 16.1% (peer median 7.8%).
Valuation It trades at 13.1× enterprise value to sales against a peer median of 1.2× (most expensive of 21).
Price implies For today's price to make sense, revenue must grow about 38% a year for seven years (Req g). Recent delivered growth is +8%, so the hurdle is +31 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 7.1 points below its cost of capital (12.9% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥725M | CN¥771M | CN¥720M | CN¥884M | CN¥915M |
| Revenue growth | — | +7% | -18% | -3% | — |
| Gross profit | CN¥287M | CN¥274M | CN¥268M | CN¥315M | CN¥374M |
| EBITDA | n/a | CN¥245M | CN¥238M | CN¥268M | CN¥284M |
| Net income | CN¥106M | CN¥144M | CN¥135M | CN¥207M | CN¥161M |
| Free cash flow | CN¥304M | -CN¥44.6M | CN¥12.7M | CN¥68.8M | CN¥36.3M |
| Capital expenditure | CN¥48.2M | CN¥115M | CN¥105M | CN¥107M | CN¥149M |
| Total debt | CN¥250M | CN¥231M | CN¥306M | CN¥360M | CN¥59.0M |
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.
| Company | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| ZheJiang Dong Ri 600113.SS | $1.48B | -46% | -1% | 16% | 13.1× | 38.5% |
| Shenzhen Agricultural Products 000061.SZ | $1.63B | -22% | -22% | 12% | 3.2× | 4.2% |
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.
| Measure | 600113.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -14.5% | -1.1% | 6th lowest of 21 |
| 6-month return | -46.2% | +1.8% | 2nd lowest of 20 |
| Distance from 52-week high | -65.1% | -27.2% | lowest of 21 |
| Revenue growth (TTM) | -1.4% | +6.7% | 6th lowest of 21 |
| Operating margin | 16.1% | 7.8% | 2nd highest of 21 |
| EV / Sales | 13.1× | 1.2× | most expensive of 21 |
| Growth the price implies (Req g, 7 yrs) | 38.5% | -4.2% | most demanding of 18 |
| Growth delivered (Del g) | +7.6% | +8.5% | 8th lowest of 18 |
| Hurdle (Req g minus delivered) | +30.9 pp | -9.1 pp | 2nd most demanding of 18 |
| ROIC minus cost of capital | -7.1 pp | +1.9 pp | 2nd lowest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| ZheJiang Dong Ri 600113.SS | China | $1.48B | -46% | -1% | 16% | 13.1× | 38.5% | +7.6% |
| Electrolux Professional EPRO-B.ST | Sweden | $1.52B | +20% | -4% | 10% | 1.4× | 4.9% | +10.9% |
| Mitani 8066.T | Japan | $1.45B | +4% | +1% | 10% | 0.3× | -12.2% | -3.1% |
| Xinjiang Zhongtai Chemical 002092.SZ | China | $1.57B | -41% | +7% | 3% | 1.4× | -4.2% | -19.5% |
| Minmetals Development 600058.SS | China | $1.40B | -22% | -16% | 1% | 0.4× | 20.4% | -4.7% |
| ADI Global Distribution ADIG | United States | $1.39B | n/a | +14% | 4% | 0.4× | n/a | n/a |
| Hour Glass AGS.SI | Singapore | $1.38B | +10% | +18% | 15% | 1.3× | -8.7% | +12.5% |
| Hillman Solutions HLMN | United States | $1.62B | +6% | +6% | 6% | 1.6× | 17.9% | +2.6% |
| Distribution Solutions DSGR | United States | $1.62B | +27% | +6% | 4% | 1.2× | 15.5% | +41.3% |
| Shanghai Luoman Technologies 605289.SS | China | $1.35B | -45% | +170% | 13% | 3.6× | 36.2% | +25.7% |
| Taikisha 1979.T | Japan | $1.32B | -5% | -1% | 8% | 0.5× | -13.3% | +7.2% |
| Inabata & 8098.T | Japan | $1.31B | +6% | +5% | 3% | 0.3× | -7.8% | +7.6% |
| Norinco International Cooperation 000065.SZ | China | $1.72B | -23% | -21% | 9% | 1.0× | -5.1% | +1.1% |
| Anhui Xinhua Media 601801.SS | China | $1.72B | -3% | -16% | 4% | 0.3× | n/a | n/a |
| Gansu Guofang Industry & Trade (Group) 601086.SS | China | $1.27B | +42% | +17% | 7% | 9.3× | 33.6% | -4.8% |
| Arteche Lantegi Elkartea ART.MC | Spain | $1.77B | -36% | +11% | 14% | 3.1× | 7.2% | +13.9% |
| AGTech 8279.HK | Hong Kong | $1.78B | +109% | +24% | 8% | 10.2× | -14.9% | +36.3% |
| Redox RDX.AX | Australia | $1.22B | +2% | +7% | 11% | 1.3× | -7.8% | +10.8% |
| Happinet 7552.T | Japan | $1.82B | +133% | +19% | 3% | 0.6× | -4.1% | +11.1% |
| Inaba Denkisangyo 9934.T | Japan | $1.82B | -4% | +15% | 8% | 0.4× | -11.9% | +8.5% |
| Tibet Huayu Mining 601020.SS | China | $1.83B | -48% | -22% | 23% | 9.4× | n/a | n/a |