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Shenzhen developer with Hong Kong roots, also operating home-furnishing and building-materials malls alongside residential property.
Shenzhen developer with Hong Kong roots, also operating home-furnishing and building-materials malls alongside residential property.
Moat: narrow (brand). Established regional home-furnishing mall brand alongside its property development business.
Headquarters: Shenzhen, China · Employees: 2,359
Size Shenzhen Heungkong (600162.SS) is a China Real Estate company (Real Estate Development) with a market value of $1.48B, the 1652nd largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥3.08 on 6 Nov 2026.
Performance Over six months the shares gained 63.0%, against -14.8% for the median peer and -16.4% for the China market (cap-weighted) — highest of 21 in its peer set.
Growth Revenue fell 24.6% over the last twelve months (peer median +4.4%); the operating margin is -1.1% (peer median 17.0%).
Valuation It trades at 1.76× book value against a peer median of 1.03× (5th most expensive of 21).
Price implies The share price implies a return on equity of about 14.5%; Shenzhen Heungkong delivers -1.6%, so the price asks more than the business earns today.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥1.26B | CN¥1.43B | CN¥3.75B | CN¥3.28B | CN¥5.76B |
| Revenue growth | — | -62% | +14% | -43% | — |
| Gross profit | CN¥661M | CN¥520M | CN¥1.08B | CN¥1.16B | CN¥1.60B |
| EBITDA | n/a | CN¥165M | CN¥604M | CN¥662M | CN¥870M |
| Net income | -CN¥89.9M | -CN¥88.3M | CN¥61.8M | CN¥69.5M | CN¥243M |
| Free cash flow | CN¥464M | -CN¥184M | CN¥202M | CN¥1.02B | CN¥309M |
| Capital expenditure | CN¥1.33M | CN¥31.1M | CN¥88.0M | CN¥43.5M | CN¥68.9M |
| Total debt | CN¥3.09B | CN¥3.17B | CN¥3.41B | CN¥3.82B | CN¥6.51B |
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 | ROE | Price / book | Implied ROE |
|---|---|---|---|---|---|---|
| Shenzhen Heungkong 600162.SS | $1.48B | +63% | -25% | -2% | 1.76× | 14.5% |
| Red Star Macalline 601828.SS | $1.18B | -25% | -7% | -62% | 0.39× | 5.4% |
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 | 600162.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -26.0% | -0.4% | 2nd lowest of 21 |
| 6-month return | +63.0% | -14.8% | highest of 21 |
| Return on equity | -1.6% | 6.0% | 4th lowest of 21 |
| Price / book | 1.76× | 1.03× | 5th most expensive of 21 |
| ROE the price implies | 14.5% | 7.8% | 7th most demanding of 19 |
| ROE delivered | -1.6% | 6.0% | 4th lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| Shenzhen Heungkong 600162.SS | China | $1.48B | +63% | -25% | -2% | 1.76× | 14.5% | -1.6% |
| GreatTown 600094.SS | China | $1.51B | -2% | -36% | -1% | 1.05× | 8.4% | -1.5% |
| Intea Fastigheter INTEA-B.ST | Sweden | $1.45B | -11% | +28% | 14% | 2.89× | 17.0% | 14.4% |
| NP3 Fastigheter NP3.ST | Sweden | $1.45B | -14% | +11% | 15% | 1.23× | 12.7% | 15.5% |
| Atrium Ljungberg ATRLJ-B.ST | Sweden | $1.45B | -24% | +8% | 2% | 0.49× | 5.3% | 2.1% |
| Sobha SOBHA.NS | India | $1.44B | -12% | +10% | 4% | 2.88× | 42.0% | 4.1% |
| Grand City Properties GYC.DE | Germany | $1.42B | -19% | +2% | 10% | 0.33× | 4.5% | 9.9% |
| Yuexiu Property 0123.HK | Hong Kong | $1.55B | -30% | -21% | -2% | 0.19× | 4.7% | -2.1% |
| China Overseas Property 2669.HK | Hong Kong | $1.41B | -17% | +11% | 22% | 1.53× | 16.9% | 21.8% |
| Castellana Properties Socimi YCPS.MC | Spain | $1.57B | -4% | +59% | 15% | 1.24× | 6.3% | 14.9% |
| Deutsche EuroShop DEQ.DE | Germany | $1.40B | -16% | +2% | 12% | 0.66× | 4.0% | 11.9% |
| Dom Development DOM.WA | Poland | $1.59B | -6% | +14% | 35% | 3.02× | 17.8% | 34.9% |
| Cham Swiss Properties CHAM.SW | Switzerland | $1.38B | -5% | -78% | 1% | 1.09× | n/a | 1.0% |
| Shanghai Waigaoqiao Free Trade Zone 600648.SS | China | $1.60B | -15% | -3% | 6% | 0.74× | 3.7% | 6.1% |
| Grandjoy 000031.SZ | China | $1.38B | -30% | -25% | -30% | 0.96× | 9.7% | -29.6% |
| Shanghai Chengtou 600649.SS | China | $1.38B | -14% | -53% | -1% | 0.44× | 4.7% | -0.8% |
| Evergrande Property Services 6666.HK | Hong Kong | $1.37B | -34% | +9% | 64% | 4.37× | 33.7% | 64.3% |
| Shanghai Jinqiao Export Processing Zone Development 600639.SS | China | $1.37B | -10% | +203% | 6% | 0.70× | 2.9% | 6.3% |
| Zug Estates ZUGN.SW | Switzerland | $1.37B | -2% | +1% | 6% | 1.01× | n/a | 5.9% |
| Opendoor Technologies OPEN | United States | $1.36B | -72% | -37% | -197% | 1.48× | 28.0% | -196.9% |
| China Merchants Property Operation & Service 001914.SZ | China | $1.36B | -16% | +6% | 6% | 0.81× | 7.2% | 5.9% |