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Zhejiang regional property developer building residential and commercial projects in and around Quzhou.
Zhejiang regional property developer building residential and commercial projects in and around Quzhou.
Moat: none. Small regional developer without a differentiated brand or scale advantage.
Headquarters: Quzhou, Zhejiang, China · Employees: 648
Size Quzhou Xin'an Development (600208.SS) is a China Real Estate company (Real Estate Development) with a market value of $3.25B, the 799th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥2.60 on 6 Nov 2026.
Performance Over six months the shares fell 42.9%, against -7.1% for the median peer and -16.4% for the China market (cap-weighted) — 2nd lowest of 21 in its peer set.
Growth Revenue fell 3.6% over the last twelve months (peer median +8.9%); the operating margin is -16.8% (peer median 30.3%).
Valuation It trades at 0.52× book value against a peer median of 1.11× (6th cheapest of 21).
Price implies The share price implies a return on equity of about 6.9%; Quzhou Xin'an Development delivers -0.2%, so the price asks more than the business earns today.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥3.29B | CN¥3.58B | CN¥16.4B | CN¥15.0B | CN¥11.8B |
| Revenue growth | — | -78% | +9% | +27% | — |
| Gross profit | CN¥717M | CN¥634M | CN¥5.97B | CN¥4.35B | CN¥2.36B |
| EBITDA | n/a | -CN¥311M | CN¥2.74B | CN¥2.51B | CN¥1.02B |
| Net income | -CN¥75.8M | CN¥261M | CN¥1.02B | CN¥1.63B | CN¥1.86B |
| Free cash flow | CN¥827M | CN¥1.53B | CN¥1.30B | -CN¥2.75B | CN¥4.40B |
| Capital expenditure | CN¥47.2M | CN¥28.6M | CN¥25.2M | CN¥23.9M | CN¥25.8M |
| Total debt | CN¥26.6B | CN¥31.4B | CN¥35.3B | CN¥36.3B | CN¥38.5B |
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 |
|---|---|---|---|---|---|---|
| Quzhou Xin'an Development 600208.SS | $3.25B | -43% | -4% | 0% | 0.52× | 6.9% |
| Hangzhou Binjiang Real Estate 002244.SZ | $4.27B | -2% | -35% | 5% | 0.94× | 5.4% |
| Greentown China 3900.HK | $1.74B | -48% | +1% | 0% | 0.34× | 6.6% |
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 | 600208.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -8.8% | +5.7% | 6th lowest of 21 |
| 6-month return | -42.9% | -7.1% | 2nd lowest of 21 |
| Return on equity | -0.2% | 4.5% | 5th lowest of 21 |
| Price / book | 0.52× | 1.11× | 6th cheapest of 21 |
| ROE the price implies | 6.9% | 8.1% | 9th least demanding of 21 |
| ROE delivered | -0.2% | 4.5% | 5th lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| Quzhou Xin'an Development 600208.SS | China | $3.25B | -43% | -4% | 0% | 0.52× | 6.9% | -0.2% |
| Cushman & Wakefield CWK | United States | $3.28B | -2% | +10% | 3% | 1.56× | 17.9% | 3.4% |
| China World Trade Center 600007.SS | China | $3.31B | +4% | -4% | 13% | 2.29× | 13.3% | 12.9% |
| Hilton Grand Vacations HGV | United States | $3.33B | -10% | +19% | 31% | 2.55× | 28.2% | 31.0% |
| Mobimo MOBN.SW | Switzerland | $3.17B | -1% | +15% | 10% | 1.20× | 3.0% | 10.2% |
| UNITE UTG.L | United Kingdom | $3.41B | +5% | +12% | -11% | 0.56× | 7.4% | -10.8% |
| Pandox PNDX-B.ST | Sweden | $3.43B | -1% | +15% | 10% | 0.92× | 10.2% | 10.3% |
| Singapore Land U06.SI | Singapore | $3.08B | -25% | +4% | 4% | 0.45× | 3.5% | 4.3% |
| Xiangcai 600095.SS | China | $3.07B | -19% | -3% | 2% | 1.62× | 16.8% | 2.4% |
| Kerry Properties 0683.HK | Hong Kong | $3.47B | -26% | -22% | 1% | 0.25× | 4.5% | 1.0% |
| Corporacion Inmobiliaria Vesta S.A.B. de C.V. Sponsored ADR VTMX | United States | $3.62B | +6% | +18% | 17% | 1.07× | 8.2% | 16.7% |
| Onewo 2602.HK | Hong Kong | $2.84B | +6% | +8% | 5% | 1.31× | 15.0% | 4.7% |
| Frasers Property TQ5.SI | Singapore | $2.80B | -20% | -21% | 2% | 0.38× | 2.9% | 1.8% |
| Shenzhen Special Economic Zone Real Estate and Properties (Group) 000029.SZ | China | $2.73B | -6% | -24% | -1% | 5.63× | 61.3% | -1.4% |
| Allreal ALLN.SW | Switzerland | $3.89B | -8% | +3% | 8% | 1.16× | 3.5% | 7.7% |
| Vantone Neo Development 600246.SS | China | $2.69B | -14% | +22% | -20% | 4.10× | 55.1% | -19.6% |
| St. Joe JOE | United States | $3.96B | +6% | +11% | 16% | 5.17× | 45.0% | 15.9% |
| Greenland 600606.SS | China | $2.66B | -20% | -30% | -42% | 0.46× | 4.8% | -42.3% |
| Millrose Properties MRP | United States | $4.00B | -4% | +93% | 9% | 0.74× | 6.1% | 8.6% |
| Longfor 0960.HK | Hong Kong | $4.05B | -47% | -42% | 0% | 0.17× | 5.7% | -0.1% |
| Catena CATE.ST | Sweden | $2.61B | -11% | +17% | 9% | 0.91× | 8.1% | 8.9% |