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← CockpitCompetitor Analysis › 600496.SS Changjiang & Jinggong Steel Building (Group) Co., Ltd. Class AOpen in the cockpit ↗

Changjiang & Jinggong Steel Building (Group) Co., Ltd. Class A600496.SSCompetitor analysis, valuation and peers

China · CNY·Industrials›Metal Fabrication
Momentum neutral 45
Mkt cap
$931M
US dollars, full cap
Free float
67%
of shares outstanding
$/day
$13.2M
20-day average traded
Fwd P/E
9.7×
forward earnings
ROIC−WACC
-0.7 pp
WACC 5.0%
Hurdle
-14 pp
Req g minus delivered
Next earnings
167 days
22 Apr 2027
Close · CNYCN¥3.12
1D-1.6%
1W+2.3%
1M-6.9%
3M-7.4%
6M-24.8%
YTD-24.8%
1Y-23.9%
ATR %2.7%
52w lowhigh34.9% off high

What Changjiang & Jinggong Steel Building (Group) does

Employees: 8,263

Changjiang & Jinggong Steel Building (Group) at a glance

Size Changjiang & Jinggong Steel Building (Group) (600496.SS) is a China Industrials company (Metal Fabrication) with a market value of $931M, the 2442nd largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥3.12 on 6 Nov 2026.

Performance Over six months the shares fell 24.8%, against -22.5% for the median peer and -16.4% for the China market (cap-weighted) — 10th lowest of 21 in its peer set.

Growth Revenue grew 1.1% over the last twelve months (peer median +12.5%); the operating margin is 2.6% (peer median 4.8%).

Valuation It trades at 9.7× forward earnings against a peer median of 31.4× (3rd cheapest of 12).

Price implies For today's price to make sense, revenue must grow about -2% a year for seven years (Req g). Recent delivered growth is +13%, so the hurdle is -14 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 0.7 points below its cost of capital (5.0% WACC).

Next results Next results expected around 22 Apr 2027 (exchange calendar; dates can move).

Relative performance

70809010011 May 202611 Aug 20266 Nov 2026Peer median 76600496.SS 74
Six months, rebased to 100: Changjiang & Jinggong Steel Building (Group) against the median of its 20 peers (local-currency closes).

Changjiang & Jinggong Steel Building (Group) financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥21.2BCN¥20.8BCN¥18.5BCN¥16.5BCN¥15.7B
Revenue growth—+13%+12%+5%—
Gross profitCN¥2.41BCN¥2.16BCN¥2.25BCN¥2.06BCN¥2.12B
EBITDAn/aCN¥846MCN¥830MCN¥756MCN¥865M
Net incomeCN¥492MCN¥605MCN¥512MCN¥548MCN¥699M
Free cash flowCN¥206MCN¥673MCN¥686MCN¥251M-CN¥681M
Capital expenditure-CN¥370MCN¥172MCN¥118MCN¥254MCN¥556M
Total debtCN¥9.92BCN¥8.39BCN¥7.50BCN¥7.16BCN¥6.74B

Quarterly statements and history in the cockpit →

Changjiang & Jinggong Steel Building (Group) 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

-40%-20%0%+20%-20%-10%0%3009840029652211TROAX002937000595601096600478ROCK301323603270002342300421301307300527301535603033KENNAMET002122600496.SS6-month return →1-month return →
Up and to the right = strong over both horizons. Changjiang & Jinggong Steel Building (Group) is the large dot.

Fundamentals: revenue growth against valuation

-10%0%+10%+20%+30%25×50×75×3009840029652211TROAX002937601096ROCK301323603270301307KENNAMET600496.SSRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Changjiang & Jinggong Steel Building (Group) is the large dot.

Capital: growth delivered against growth the price implies

0%+20%0%20%2211TROAX002937ROCK300421301535603033600496.SSGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Changjiang & Jinggong Steel Building (Group) is the large dot.

Changjiang & Jinggong Steel Building (Group) competitors and peer comparison

How Changjiang & Jinggong Steel Building (Group) 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.

Changjiang & Jinggong Steel Building (Group) against its 20 peers (data as of 6 Nov 2026)
Measure600496.SSPeer medianRank in peer set
1-month return-6.9%-8.2%10th highest of 21
6-month return-24.8%-22.5%10th lowest of 21
Distance from 52-week high-34.9%-48.3%7th highest of 21
Revenue growth (TTM)+1.1%+12.5%4th lowest of 21
Operating margin2.6%4.8%6th lowest of 21
Forward P/E9.7×31.4×3rd cheapest of 12
Growth the price implies (Req g, 7 yrs)-1.5%21.4%2nd least demanding of 8
Growth delivered (Del g)+12.7%+11.1%3rd highest of 8
Hurdle (Req g minus delivered)-14.2 pp+5.4 pp2nd least demanding of 8
ROIC minus cost of capital-0.7 pp-2.3 pp7th highest of 21

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
Changjiang & Jinggong Steel Building (Group) 600496.SSChina$931M-25%+1%3%9.7×-1.5%+12.7%
Zhejiang JW Precision Machinery 300984.SZChina$931M-29%+9%4%78.7×n/an/a
Lucky Harvest 002965.SZChina$923M-21%+18%0%59.4×n/an/a
Evergreen Steel 2211.TWTaiwan$943M-24%+9%21%9.5×-9.2%+10.4%
Troax TROAX.STSweden$908M+46%0%8%39.4×28.3%+11.1%
Ningbo Sunrise Elc Technology 002937.SZChina$908M-42%+12%8%26.2×21.4%+11.2%
Ningxia Guoyun New Energy 000595.SZChina$903M-16%+142%21%n/an/an/a
Hsino Tower 601096.SSChina$961M-31%-7%3%22.4×n/an/a
Hunan Corun New Energy 600478.SSChina$901M-53%+46%4%n/an/an/a
Gibraltar Industries ROCKUnited States$964M-20%+14%11%7.9×7.3%+1.9%
Guangzhou Newlife New Material 301323.SZChina$896M-15%+26%13%31.4×n/an/a
Shandong Golden Empire Precision Machinery Technology 603270.SSChina$886M-4%+35%5%30.0×n/an/a
Juli Sling 002342.SZChina$989M-66%+19%3%n/an/an/a
Jiangsu LiXing General Steel Ball 300421.SZChina$866M-30%+4%4%n/a35.0%+7.1%
Chongqing Millison Technologies 301307.SZChina$851M-18%+13%-11%54.7×n/an/a
China Harzone Industry 300527.SZChina$1.03B-18%-12%1%n/an/an/a
Zhejiang Huayuan Auto Technology 301535.SZChina$836M-30%+66%12%n/a22.2%+17.2%
Sanwei 603033.SSChina$1.04B-40%+10%-6%n/a13.7%+21.1%
Kennametal India KENNAMET.NSIndia$832M+27%+29%17%37.5×n/an/a
Jiangsu NanFang Precision 002553.SZChina$813M-29%+5%13%n/an/an/a
HuiZhou Intelligence Technology 002122.SZChina$802M-10%+10%-16%n/an/an/a

Questions

Which companies are Changjiang & Jinggong Steel Building (Group)'s closest peers?
The cockpit's peer set: Zhejiang JW Precision Machinery (300984.SZ), Lucky Harvest (002965.SZ), Evergreen Steel (2211.TW), Troax (TROAX.ST), Ningbo Sunrise Elc Technology (002937.SZ), Ningxia Guoyun New Energy (000595.SZ), Hsino Tower (601096.SS), Hunan Corun New Energy (600478.SS).
Is Changjiang & Jinggong Steel Building (Group) expensive compared with its peers?
On forward p/e it trades at 9.7× against a peer median of 31.4×, 3rd cheapest of 12 in its peer set. For today's price to make sense, revenue must grow about -2% a year for seven years (Req g). Recent delivered growth is +13%, so the hurdle is -14 pp: the price already allows for a slowdown.
How has Changjiang & Jinggong Steel Building (Group) stock performed?
Over six months to 6 Nov 2026 the shares returned -24.8% against -22.5% for the median peer; over one year -23.9%.

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.