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← CockpitCompetitor Analysis › 600325.SS Zhuhai Huafa Properties Co.,Ltd Class AOpen in the cockpit ↗

Zhuhai Huafa Properties Co.,Ltd Class A600325.SSCompetitor analysis, valuation and peers

China · CNY·Real Estate›Real Estate Development

Zhuhai state-owned developer under the diversified Huafa Group, building residential and commercial property in the city.

Momentum laggard 5
Mkt cap
$871M
US dollars, full cap
Free float
53%
of shares outstanding
$/day
$29.9M
20-day average traded
P/B
1.85×
price to book
ROE
-145.3%
delivered
Implied ROE
12.2%
what the price asks
Next earnings
150 days
5 Apr 2027
Close · CNYCN¥2.12
1D-2.3%
1W+4.4%
1M-25.9%
3M-19.7%
6M-38.7%
YTD-49.8%
1Y-58.8%
ATR %6.4%
52w lowhigh58.8% off high

What Zhuhai Huafa Properties does

Zhuhai state-owned developer under the diversified Huafa Group, building residential and commercial property in the city.

Products and services

  • Residential property development
  • Commercial property development

Customers

  • Homebuyers in Zhuhai

Where it sits in the supply chain

  • Real estate
  • Residential and commercial development

What could go wrong

  • Residential sales downturn

Moat: narrow (scale, regulatory licence). State-backed Huafa Group affiliation gives land-bank and financing advantages in Zhuhai.

Headquarters: Zhuhai, Guangdong, China · Employees: 16,003

Named competitors

Zhuhai Huafa Properties at a glance

Size Zhuhai Huafa Properties (600325.SS) is a China Real Estate company (Real Estate Development) with a market value of $871M, the 2576th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥2.12 on 6 Nov 2026.

Performance Over six months the shares fell 38.7%, against -9.8% for the median peer and -16.4% for the China market (cap-weighted) — 3rd lowest of 20 in its peer set.

Growth Revenue fell 17.5% over the last twelve months (peer median -6.1%); the operating margin is -15.6% (peer median 6.3%).

Valuation It trades at 1.85× book value against a peer median of 0.98× (4th most expensive of 19).

Price implies The share price implies a return on equity of about 12.2%; Zhuhai Huafa Properties delivers -145.3%, so the price asks more than the business earns today.

Next results Next results expected around 5 Apr 2027 (exchange calendar; dates can move).

Relative performance

608010011 May 202611 Aug 20266 Nov 2026Peer median 90600325.SS 59
Six months, rebased to 100: Zhuhai Huafa Properties against the median of its 20 peers (local-currency closes).

Zhuhai Huafa Properties financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥65.8BCN¥83.2BCN¥59.9BCN¥71.9BCN¥60.2B
Revenue growth—+39%-17%+19%—
Gross profitCN¥2.41BCN¥6.88BCN¥8.24BCN¥12.7BCN¥11.8B
EBITDAn/a-CN¥3.80BCN¥1.90BCN¥5.26BCN¥5.44B
Net income-CN¥16.0B-CN¥9.50BCN¥954MCN¥1.84BCN¥2.61B
Free cash flow-CN¥758MCN¥13.1BCN¥6.17B-CN¥942MCN¥8.60B
Capital expenditureCN¥3.06BCN¥7.19BCN¥10.3BCN¥52.4BCN¥30.7B
Total debtCN¥128BCN¥142BCN¥142BCN¥145BCN¥148B

Quarterly statements and history in the cockpit →

Zhuhai Huafa Properties 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

-50%-25%0%+25%+50%-20%0%MAXESTATESHWGB6100712007DIOS600708PXAW05000517MRC000025SKYH600683JM0023148934600325.SS6-month return →1-month return →
Up and to the right = strong over both horizons. Zhuhai Huafa Properties is the large dot.

Fundamentals: return on equity against price-to-book

-150%-100%-50%0%00×10×20×30×MAXESTATESHWGB610071600708PXAW05000517000025SKYH00231489343380600325.SSReturn on equity →Price / book →
A bank or insurer earning more on its equity usually trades at a higher multiple of book; points far above the trend are priced for more. Zhuhai Huafa Properties is the large dot.

Capital: ROE delivered against the ROE the price implies

-150%-100%-50%0%-150%-100%-50%0%HWGB61600708W050005170000250023143380600325.SSROE delivered →ROE the price implies →
Above the diagonal = the price asks for a higher return on equity than the business earns today. Zhuhai Huafa Properties is the large dot.

Zhuhai Huafa Properties competitors and peer comparison

Head to head with its named competitors (600325.SS vs 600185.SS vs 001979.SZ)
CompanyMarket cap6M returnRevenue growthROEPrice / bookImplied ROE
Zhuhai Huafa Properties 600325.SS$871M-39%-18%-145%1.85×12.2%
Zhuhai Zhumian 600185.SS$1.08B-27%-49%-148%273.59×1,984.1%
China Merchants Shekou Industrial Zone 001979.SZ$10.4B-10%-22%-1%0.73×4.8%

How Zhuhai Huafa Properties 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.

Zhuhai Huafa Properties against its 20 peers (data as of 6 Nov 2026)
Measure600325.SSPeer medianRank in peer set
1-month return-25.9%-3.0%lowest of 21
6-month return-38.7%-9.8%3rd lowest of 20
Return on equity-145.3%0.8%lowest of 19
Price / book1.85×0.98×4th most expensive of 19
ROE the price implies12.2%7.5%4th most demanding of 19
ROE delivered-145.3%0.8%lowest of 18

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthROEPrice / bookImplied ROEDelivered ROE
Zhuhai Huafa Properties 600325.SSChina$871M-39%-18%-145%1.85×12.2%-145.3%
Max Estates MAXESTATES.NSIndia$872M+20%+5%1%3.39×56.8%n/a
Harworth HWG.LUnited Kingdom$879M+51%-35%-4%0.95×10.0%-3.7%
Bukit Sembawang Estates B61.SISingapore$880M-10%-37%8%0.67×4.3%7.9%
Miramar Hotel & Investment 0071.HKHong Kong$862M-10%-11%3%0.32×3.7%3.2%
Country Garden 2007.HKHong Kong$853M-49%-42%n/an/an/an/a
Dios Fastigheter DIOS.STSweden$851M-9%+1%10%0.66×6.4%9.7%
Bright Real Estate 600708.SSChina$849M-33%-54%-51%1.04×8.5%-50.7%
PEXA PXA.AXAustralia$896M-38%+3%2%1.16×10.1%1.7%
Wing Tai W05.SISingapore$846M-10%+168%1%0.36×2.6%0.8%
Rongan Property 000517.SZChina$898M-7%-76%-26%1.35×9.1%-25.6%
Morguard MRC.TOCanada$844M-6%-1%5%0.25×3.8%4.6%
Shenzhen Tellus 000025.SZChina$843M-16%-60%8%3.18×25.7%7.6%
Sky Harbour SKYHUnited States$839M+4%+62%1%2.81×27.7%0.8%
Metro Land 600683.SSChina$839M-48%+1,029%n/an/an/an/a
Jm AB JM.STSweden$834M+7%-14%-1%1.02×9.7%-0.8%
Shenzhen New Nanshan Holding (Group) 002314.SZChina$833M-19%-55%-49%1.01×6.6%-48.8%
Sveafastigheter SVEAF-B.STSweden$916Mn/a+8%3%0.41×3.3%3.0%
Shunfa Hengneng 000631.SZChina$922M-9%+9%0%1.20×6.6%0.3%
Sun Frontier Fudousan 8934.TJapan$816M-16%+3%13%0.95×6.5%13.3%
Logan 3380.HKHong Kong$816M-9%-69%-23%0.36×8.9%-22.7%

Questions

Who are Zhuhai Huafa Properties's main competitors?
Named competitors: Zhuhai Zhumian Group (600185.SS), China Merchants Shekou (001979.SZ). The cockpit's measured peer set (industry) also includes Max Estates (MAXESTATES.NS), Harworth (HWG.L), Bukit Sembawang Estates (B61.SI), Miramar Hotel & Investment (0071.HK), Country Garden (2007.HK), Dios Fastigheter (DIOS.ST).
Is Zhuhai Huafa Properties expensive compared with its peers?
On price / book it trades at 1.85× against a peer median of 0.98×, 4th most expensive of 19 in its peer set. The share price implies a return on equity of about 12.2%; Zhuhai Huafa Properties delivers -145.3%, so the price asks more than the business earns today.
How has Zhuhai Huafa Properties stock performed?
Over six months to 6 Nov 2026 the shares returned -38.7% against -9.8% for the median peer; over one year -58.8%.

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.