Loading…
← CockpitCompetitor Analysis › 600283.SS Qianjiang Water Resources Development Co., Ltd. Class AOpen in the cockpit ↗

Qianjiang Water Resources Development Co., Ltd. Class A600283.SSCompetitor analysis, valuation and peers

China · CNY·Utilities›Water Utilities
Momentum neutral 54
Mkt cap
$627M
US dollars, full cap
Free float
33%
of shares outstanding
$/day
$2.88M
20-day average traded
Fwd P/E
16.9×
forward earnings
ROIC−WACC
+1.2 pp
WACC 5.0%
Hurdle
n/a
no reverse DCF
Close · CNYCN¥7.46
1D-0.9%
1W-0.9%
1M-7.1%
3M-6.9%
6M-18.6%
YTD-18.5%
1Y-23.3%
ATR %1.9%
52w lowhigh25.1% off high

What Qianjiang Water Resources Development does

Employees: 1,819

Qianjiang Water Resources Development at a glance

Size Qianjiang Water Resources Development (600283.SS) is a China Utilities company (Water Utilities) with a market value of $627M, the 3321st largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥7.46 on 6 Nov 2026.

Performance Over six months the shares fell 18.6%, against -16.7% for the median peer and -16.4% for the China market (cap-weighted) — 6th lowest of 16 in its peer set.

Growth Revenue grew 6.7% over the last twelve months (peer median +4.5%); the operating margin is 11.0% (peer median 21.0%).

Valuation It trades at 16.9× forward earnings against a peer median of 14.8× (4th most expensive of 10).

Capital Return on invested capital runs 1.2 points above its cost of capital (5.0% WACC).

Relative performance

809010011 May 202611 Aug 20266 Nov 2026Peer median 85600283.SS 81
Six months, rebased to 100: Qianjiang Water Resources Development against the median of its 15 peers (local-currency closes).

Qianjiang Water Resources Development financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥2.58BCN¥2.55BCN¥2.30BCN¥2.21BCN¥1.82B
Revenue growth—+11%+4%+22%—
Gross profitCN¥1.13BCN¥814MCN¥767MCN¥630MCN¥624M
EBITDAn/aCN¥727MCN¥719MCN¥528MCN¥554M
Net incomeCN¥172MCN¥216MCN¥215MCN¥206MCN¥172M
Free cash flow-CN¥115M-CN¥112M-CN¥176M-CN¥271MCN¥465M
Capital expenditureCN¥393MCN¥426MCN¥770MCN¥685MCN¥506M
Total debtCN¥3.24BCN¥3.33BCN¥4.05BCN¥2.03BCN¥1.48B

Quarterly statements and history in the cockpit →

Qianjiang Water Resources Development 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

-20%0%+20%-20%0%601368600769603759YORW6011990855603291CWCOARTNA003039MSEX8936000711000685600283.SS6-month return →1-month return →
Up and to the right = strong over both horizons. Qianjiang Water Resources Development is the large dot.

Fundamentals: revenue growth against valuation

-10%0%+10%+20%+30%5×10×15×20×YORW0855603291CWCOARTNAMSEX8936600461000685600283.SSRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Qianjiang Water Resources Development is the large dot.

Qianjiang Water Resources Development competitors and peer comparison

How Qianjiang Water Resources Development 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.

Qianjiang Water Resources Development against its 15 peers (data as of 6 Nov 2026)
Measure600283.SSPeer medianRank in peer set
1-month return-7.1%-5.3%7th lowest of 16
6-month return-18.6%-16.7%6th lowest of 16
Distance from 52-week high-25.1%-30.4%8th highest of 16
Revenue growth (TTM)+6.7%+4.5%6th highest of 16
Operating margin11.0%21.0%5th lowest of 16
Forward P/E16.9×14.8×4th most expensive of 10
ROIC minus cost of capital+1.2 pp+0.7 pp6th highest of 15

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
Qianjiang Water Resources Development 600283.SSChina$627M-19%+7%11%16.9×n/an/a
Guangxi Nanning Waterworks 601368.SSChina$601M-9%0%22%n/an/an/a
Wuhan Xianglong Power Industry 600769.SSChina$687M-24%+4%20%n/an/an/a
Haitian Water 603759.SSChina$535M-17%+112%5%n/an/an/a
York Water YORWUnited States$529M+10%+9%37%20.1×n/an/a
Jiangsu Jiangnan Water 601199.SSChina$763M+2%-4%12%n/a-1.5%+8.9%
China Water Affairs 0855.HKHong Kong$823M-22%-11%25%5.8×-0.6%0.0%
Jiangsu United Water Technology 603291.SSChina$476M-35%-13%11%16.0×-0.5%+6.9%
Consolidated Water CWCOUnited States$436M-17%-1%12%19.4×4.5%+12.7%
Artesian Resources ARTNAUnited States$357M+7%+6%32%14.8×n/an/a
Guangdong Shunkong Development 003039.SZChina$1.12B-16%+6%25%n/a4.3%+12.5%
Middlesex Water MSEXUnited States$1.15B+16%+9%31%21.7×n/an/a
Kuo Toong International 8936.TWOTaiwan$303M-22%+27%21%8.6×-8.1%+11.2%
Indium Target Advanced Materials (Harbin) 000711.SZChina$1.54B-27%+46%-4%n/an/an/a
Jiangxi Hongcheng Environment 600461.SSChina$1.69B-17%-11%24%9.1×-10.2%+2.6%
Zhongshan Public Utilities 000685.SZChina$2.36B-8%-11%11%6.2×9.9%+16.2%

Questions

Which companies are Qianjiang Water Resources Development's closest peers?
The cockpit's peer set: Guangxi Nanning Waterworks (601368.SS), Wuhan Xianglong Power Industry (600769.SS), Haitian Water (603759.SS), York Water (YORW), Jiangsu Jiangnan Water (601199.SS), China Water Affairs (0855.HK), Jiangsu United Water Technology (603291.SS), Consolidated Water (CWCO).
Is Qianjiang Water Resources Development expensive compared with its peers?
On forward p/e it trades at 16.9× against a peer median of 14.8×, 4th most expensive of 10 in its peer set.
How has Qianjiang Water Resources Development stock performed?
Over six months to 6 Nov 2026 the shares returned -18.6% against -16.7% for the median peer; over one year -23.3%.

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.