Which companies are Black Peony (Group)'s closest peers?

The cockpit's peer set: Beijing Capital Development (600376.SS), 5I5J (000560.SZ), Marcus & Millichap (MMI), Mercialys (MERY.PA), Gemlife Communities (GLF.AX), Sunac China (1918.HK), Hotel101 Global (HBNB), Token (1766.T).

Is Black Peony (Group) expensive compared with its peers?

On price / book it trades at 0.71× against a peer median of 1.19×, 6th cheapest of 21 in its peer set. The share price implies a return on equity of about 9.9%; Black Peony (Group) delivers -4.8%, so the price asks more than the business earns today.

How has Black Peony (Group) stock performed?

Over six months to 6 Nov 2026 the shares returned -37.2% against -12.7% for the median peer; over one year -15.5%.

← CockpitCompetitor Analysis › 600510.SS Black Peony (Group) Co., Ltd. Class AOpen in the cockpit ↗

Black Peony (Group) Co., Ltd. Class A600510.SSCompetitor analysis, valuation and peers

China · CNY·Real Estate›Real Estate Development

Momentum strong 72

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$1.04B

US dollars, full cap

Free float

36%

of shares outstanding

$/day

$11.8M

20-day average traded

P/B

0.71×

price to book

ROE

-4.8%

delivered

Implied ROE

9.9%

what the price asks

Close · CNYCN¥6.94

1D+2.8%

1W+7.4%

1M+11.2%

3M+6.8%

6M-37.2%

YTD-17.3%

1Y-15.5%

ATR %5.4%

52w lowhigh40.6% off high

What Black Peony (Group) does

Employees: 1,848

Black Peony (Group) at a glance

Size Black Peony (Group) (600510.SS) is a China Real Estate company (Real Estate Development) with a market value of $1.04B, the 2224th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥6.94 on 6 Nov 2026.

Performance Over six months the shares fell 37.2%, against -12.7% for the median peer and -16.4% for the China market (cap-weighted) — 5th lowest of 21 in its peer set.

Growth Revenue fell 24.1% over the last twelve months (peer median -17.0%); the operating margin is -14.2% (peer median 1.9%).

Valuation It trades at 0.71× book value against a peer median of 1.19× (6th cheapest of 21).

Price implies The share price implies a return on equity of about 9.9%; Black Peony (Group) delivers -4.8%, so the price asks more than the business earns today.

Relative performance

Six months, rebased to 100: Black Peony (Group) against the median of its 20 peers (local-currency closes).

Black Peony (Group) financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	CN¥4.14B	CN¥4.51B	CN¥4.83B	CN¥7.32B	CN¥11.3B
Revenue growth	—	-7%	-34%	-35%	—
Gross profit	CN¥862M	CN¥995M	CN¥1.70B	CN¥1.38B	CN¥1.93B
EBITDA	n/a	CN¥195M	CN¥571M	CN¥684M	CN¥1.30B
Net income	-CN¥492M	CN¥66.8M	CN¥121M	CN¥364M	CN¥611M
Free cash flow	CN¥22.4M	-CN¥325M	CN¥501M	-CN¥1.06B	-CN¥1.27B
Capital expenditure	CN¥136M	CN¥255M	CN¥128M	CN¥6.10M	CN¥32.0M
Total debt	CN¥10.3B	CN¥10.4B	CN¥11.3B	CN¥11.6B	CN¥11.6B

Quarterly statements and history in the cockpit →

Black Peony (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

Up and to the right = strong over both horizons. Black Peony (Group) is the large dot.

Fundamentals: return on equity against price-to-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. Black Peony (Group) is the large dot.

Capital: ROE delivered against the ROE the price implies

Above the diagonal = the price asks for a higher return on equity than the business earns today. Black Peony (Group) is the large dot.

Black Peony (Group) competitors and peer comparison

How Black Peony (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.

Black Peony (Group) against its 20 peers (data as of 6 Nov 2026)
Measure	600510.SS	Peer median	Rank in peer set
1-month return	+11.2%	-3.3%	2nd highest of 21
6-month return	-37.2%	-12.7%	5th lowest of 21
Return on equity	-4.8%	-0.3%	10th lowest of 20
Price / book	0.71×	1.19×	6th cheapest of 21
ROE the price implies	9.9%	7.9%	10th most demanding of 20
ROE delivered	-4.8%	-4.1%	9th highest of 17

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
Company	Market	Market cap	6M return	Revenue growth	ROE	Price / book	Implied ROE	Delivered ROE
Black Peony (Group) 600510.SS	China	$1.04B	-37%	-24%	-5%	0.71×	9.9%	-4.8%
Beijing Capital Development 600376.SS	China	$1.04B	-41%	-35%	-197%	237.80×	1,928.7%	-197.2%
5I5J 000560.SZ	China	$1.03B	-2%	-21%	0%	0.73×	7.4%	-0.3%
Marcus & Millichap MMI	United States	$1.05B	-9%	+12%	2%	1.82×	17.8%	2.4%
Mercialys MERY.PA	France	$1.05B	-15%	+3%	5%	0.60×	7.7%	5.1%
Gemlife Communities GLF.AX	Australia	$1.05B	-9%	+8%	5%	1.43×	18.0%	n/a
Sunac China 1918.HK	Hong Kong	$1.06B	-64%	-29%	-41%	0.25×	5.5%	-41.3%
Hotel101 Global HBNB	United States	$1.07B	-29%	+1,178%	-69%	62.23×	212.0%	n/a
Token 1766.T	Japan	$1.07B	-1%	+5%	12%	1.20×	6.6%	12.1%
China Sports Industry 600158.SS	China	$1.01B	-41%	0%	-8%	2.81×	16.0%	-7.9%
PLAZZA PLAN.SW	Switzerland	$1.08B	-4%	+6%	10%	1.08×	n/a	9.9%
Fermi FRMI	United States	$1.01B	-70%	n/a	n/a	0.97×	16.5%	n/a
Shanghai AJ 600643.SS	China	$1.00B	-12%	-41%	-16%	0.66×	6.2%	-15.7%
Zhuhai Zhumian 600185.SS	China	$1.08B	-27%	-49%	-148%	273.59×	1,984.1%	-148.0%
WeWork India Management WEWORK.NS	India	$1.00B	+26%	+25%	36%	27.81×	324.8%	36.3%
Cinda Real Estate 600657.SS	China	$1.08B	-19%	-44%	-32%	0.49×	4.9%	-31.6%
Ichigo 2337.T	Japan	$1.09B	-13%	-17%	14%	1.48×	7.4%	14.4%
Vivenio Residencial SOCIMI YVIV.MC	Spain	$1.09B	-1%	+34%	6%	0.80×	5.1%	n/a
Financial Street 000402.SZ	China	$991M	-30%	-38%	-20%	0.34×	4.6%	-20.5%
Shenzhen Kingkey Smart Agriculture Times 000048.SZ	China	$1.10B	-7%	-17%	-22%	2.14×	13.5%	-22.0%
AEDAS Homes AEDAS.MC	Spain	$1.10B	+1%	-25%	6%	1.17×	7.9%	6.5%

Questions

Which companies are Black Peony (Group)'s closest peers?: The cockpit's peer set: Beijing Capital Development (600376.SS), 5I5J (000560.SZ), Marcus & Millichap (MMI), Mercialys (MERY.PA), Gemlife Communities (GLF.AX), Sunac China (1918.HK), Hotel101 Global (HBNB), Token (1766.T).
Is Black Peony (Group) expensive compared with its peers?: On price / book it trades at 0.71× against a peer median of 1.19×, 6th cheapest of 21 in its peer set. The share price implies a return on equity of about 9.9%; Black Peony (Group) delivers -4.8%, so the price asks more than the business earns today.
How has Black Peony (Group) stock performed?: Over six months to 6 Nov 2026 the shares returned -37.2% against -12.7% for the median peer; over one year -15.5%.