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← CockpitCompetitor Analysis › 600376.SS Beijing Capital Development Co., Ltd. Class AOpen in the cockpit ↗

Beijing Capital Development Co., Ltd. Class A600376.SSCompetitor analysis, valuation and peers

China · CNY·Real Estate›Real Estate Development

Beijing state-owned developer building residential and commercial property in the capital and other Chinese cities.

Momentum laggard 3
Mkt cap
$1.04B
US dollars, full cap
Free float
38%
of shares outstanding
$/day
$18.8M
20-day average traded
P/B
237.80×
price to book
ROE
-197.2%
delivered
Implied ROE
1,928.7%
what the price asks
Next earnings
168 days
23 Apr 2027
Close · CNYCN¥2.68
1D-2.5%
1W+3.9%
1M-16.2%
3M-36.5%
6M-40.8%
YTD-59.5%
1Y-58.5%
ATR %5.2%
52w lowhigh66.5% off high

What Beijing Capital Development does

Beijing state-owned developer building residential and commercial property in the capital and other Chinese cities.

Products and services

  • Residential property development
  • Commercial property development

Customers

  • Homebuyers in Beijing and other cities

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-owned land-bank access in Beijing gives scale advantages over smaller private developers.

Headquarters: Beijing, China · Employees: 1,841

Named competitors

Beijing Capital Development at a glance

Size Beijing Capital Development (600376.SS) is a China Real Estate company (Real Estate Development) with a market value of $1.04B, the 2234th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥2.68 on 6 Nov 2026.

Performance Over six months the shares fell 40.8%, against -13.8% for the median peer and -16.4% for the China market (cap-weighted) — 3rd lowest of 21 in its peer set.

Growth Revenue fell 35.0% over the last twelve months (peer median +0.1%); the operating margin is -15.0% (peer median 1.3%).

Valuation It trades at 237.80× book value against a peer median of 1.14× (2nd most expensive of 21).

Price implies The share price implies a return on equity of about 1,928.7%; Beijing Capital Development delivers -197.2%, so the price asks more than the business earns today.

Next results Next results expected around 23 Apr 2027 (exchange calendar; dates can move).

Relative performance

608010011 May 202611 Aug 20266 Nov 2026Peer median 86600376.SS 58
Six months, rebased to 100: Beijing Capital Development against the median of its 20 peers (local-currency closes).

Beijing Capital Development financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥21.4BCN¥30.1BCN¥24.2BCN¥47.7BCN¥47.8B
Revenue growth—+24%-49%0%—
Gross profitCN¥2.63BCN¥4.01BCN¥1.05BCN¥5.32BCN¥7.79B
EBITDAn/a-CN¥1.61B-CN¥4.03B-CN¥173MCN¥4.58B
Net income-CN¥6.46B-CN¥6.62B-CN¥8.14B-CN¥6.34B-CN¥461M
Free cash flowCN¥5.00BCN¥7.82BCN¥7.32BCN¥5.57BCN¥4.19B
Capital expenditureCN¥271MCN¥256MCN¥191MCN¥298MCN¥581M
Total debtCN¥104BCN¥100BCN¥110BCN¥120BCN¥119B

Quarterly statements and history in the cockpit →

Beijing Capital 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

-60%-40%-20%0%-20%0%600510000560MMIMERYGLF1918600158HBNB1766FRMI600643WEWORKPLAN6001856006570004022337002077000048600376.SS6-month return →1-month return →
Up and to the right = strong over both horizons. Beijing Capital Development is the large dot.

Fundamentals: return on equity against price-to-book

-200%-100%0%00×1000×2000×6005100005601918HBNBWEWORK600185600657600376.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. Beijing Capital Development is the large dot.

Capital: ROE delivered against the ROE the price implies

0%500%1,000%1,500%2,000%0%1,000%2,000%600510000560WEWORK600185600376.SSROE delivered →ROE the price implies →
Above the diagonal = the price asks for a higher return on equity than the business earns today. Beijing Capital Development is the large dot.

Beijing Capital Development competitors and peer comparison

Head to head with its named competitors (600376.SS vs 000402.SZ vs 600266.SS)
CompanyMarket cap6M returnRevenue growthROEPrice / bookImplied ROE
Beijing Capital Development 600376.SS$1.04B-41%-35%-197%237.80×1,928.7%
Financial Street 000402.SZ$991M-30%-38%-20%0.34×4.6%
Beijing Urban Construction Investment & Development Co 600266.SS$1.16B-21%-31%-7%0.47×5.2%

How Beijing Capital 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.

Beijing Capital Development against its 20 peers (data as of 6 Nov 2026)
Measure600376.SSPeer medianRank in peer set
1-month return-16.2%-3.3%7th lowest of 21
6-month return-40.8%-13.8%3rd lowest of 21
Return on equity-197.2%-0.3%lowest of 20
Price / book237.80×1.14×2nd most expensive of 21
ROE the price implies1,928.7%9.9%2nd most demanding of 20
ROE delivered-197.2%-2.5%lowest of 17

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthROEPrice / bookImplied ROEDelivered ROE
Beijing Capital Development 600376.SSChina$1.04B-41%-35%-197%237.80×1,928.7%-197.2%
Black Peony (Group) 600510.SSChina$1.04B-37%-24%-5%0.71×9.9%-4.8%
5I5J 000560.SZChina$1.03B-2%-21%0%0.73×7.4%-0.3%
Marcus & Millichap MMIUnited States$1.05B-9%+12%2%1.82×17.8%2.4%
Mercialys MERY.PAFrance$1.05B-15%+3%5%0.60×7.7%5.1%
Gemlife Communities GLF.AXAustralia$1.05B-9%+8%5%1.43×18.0%n/a
Sunac China 1918.HKHong Kong$1.06B-64%-29%-41%0.25×5.5%-41.3%
China Sports Industry 600158.SSChina$1.01B-41%0%-8%2.81×16.0%-7.9%
Hotel101 Global HBNBUnited States$1.07B-29%+1,178%-69%62.23×212.0%n/a
Token 1766.TJapan$1.07B-1%+5%12%1.20×6.6%12.1%
Fermi FRMIUnited States$1.01B-70%n/an/a0.97×16.5%n/a
Shanghai AJ 600643.SSChina$1.00B-12%-41%-16%0.66×6.2%-15.7%
WeWork India Management WEWORK.NSIndia$1.00B+26%+25%36%27.81×324.8%36.3%
PLAZZA PLAN.SWSwitzerland$1.08B-4%+6%10%1.08×n/a9.9%
Zhuhai Zhumian 600185.SSChina$1.08B-27%-49%-148%273.59×1,984.1%-148.0%
Cinda Real Estate 600657.SSChina$1.08B-19%-44%-32%0.49×4.9%-31.6%
Financial Street 000402.SZChina$991M-30%-38%-20%0.34×4.6%-20.5%
Ichigo 2337.TJapan$1.09B-13%-17%14%1.48×7.4%14.4%
Vivenio Residencial SOCIMI YVIV.MCSpain$1.09B-1%+34%6%0.80×5.1%n/a
Jiangsu Dagang 002077.SZChina$983M-32%+24%2%1.92×12.9%1.8%
Shenzhen Kingkey Smart Agriculture Times 000048.SZChina$1.10B-7%-17%-22%2.14×13.5%-22.0%

Questions

Who are Beijing Capital Development's main competitors?
Named competitors: Financial Street Holdings (000402.SZ), Beijing Urban Construction Investment & Development (600266.SS). The cockpit's measured peer set (industry) also includes Black Peony (Group) (600510.SS), 5I5J (000560.SZ), Marcus & Millichap (MMI), Mercialys (MERY.PA), Gemlife Communities (GLF.AX), Sunac China (1918.HK).
Is Beijing Capital Development expensive compared with its peers?
On price / book it trades at 237.80× against a peer median of 1.14×, 2nd most expensive of 21 in its peer set. The share price implies a return on equity of about 1,928.7%; Beijing Capital Development delivers -197.2%, so the price asks more than the business earns today.
How has Beijing Capital Development stock performed?
Over six months to 6 Nov 2026 the shares returned -40.8% against -13.8% for the median peer; over one year -58.5%.

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.