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← CockpitCompetitor Analysis › 600628.SS Shanghai New World Corporation Ltd. Class AOpen in the cockpit ↗

Shanghai New World Corporation Ltd. Class A600628.SSCompetitor analysis, valuation and peers

China · CNY·Health Care›Medical Distributors
Momentum leader 81
Mkt cap
$623M
US dollars, full cap
Free float
90%
of shares outstanding
$/day
$11.6M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
-0.1 pp
WACC 5.2%
Hurdle
-1 pp
Req g minus delivered
Close · CNYCN¥6.42
1D-1.1%
1W+1.4%
1M+1.1%
3M+4.4%
6M-10.8%
YTD-18.3%
1Y-15.4%
ATR %3.0%
52w lowhigh34.3% off high

What Shanghai New World does

Employees: 1,144

Shanghai New World at a glance

Size Shanghai New World (600628.SS) is a China Health Care company (Medical Distributors) with a market value of $623M, the 3331st largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥6.42 on 6 Nov 2026.

Performance Over six months the shares fell 10.8%, against -2.9% for the median peer and -16.4% for the China market (cap-weighted) — 6th lowest of 21 in its peer set.

Growth Revenue fell 1.6% over the last twelve months (peer median +6.0%); the operating margin is 6.0% (peer median 1.6%).

Valuation It trades at 2.4× enterprise value to sales against a peer median of 1.0× (4th most expensive of 21).

Price implies For today's price to make sense, revenue must grow about 0% a year for seven years (Req g). Recent delivered growth is +1%, so the hurdle is -1 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 0.1 points below its cost of capital (5.2% WACC).

Relative performance

809010011 May 202611 Aug 20266 Nov 2026Peer median 96600628.SS 90
Six months, rebased to 100: Shanghai New World against the median of its 20 peers (local-currency closes).

Shanghai New World financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥1.09BCN¥1.09BCN¥1.11BCN¥1.12BCN¥839M
Revenue growth—-2%-1%+34%—
Gross profitCN¥584MCN¥446MCN¥443MCN¥428MCN¥216M
EBITDAn/aCN¥230MCN¥248MCN¥246MCN¥78.2M
Net incomeCN¥58.9MCN¥66.7MCN¥70.0MCN¥31.7M-CN¥52.0M
Free cash flowCN¥68.9MCN¥25.0MCN¥179MCN¥179MCN¥13.1M
Capital expenditureCN¥132MCN¥159MCN¥161MCN¥145MCN¥35.0M
Total debtCN¥475MCN¥542MCN¥572MCN¥598MCN¥638M

Quarterly statements and history in the cockpit →

Shanghai New World 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%+40%-20%0%+20%3013702733605136603716000078NEUENTERO3151682641046033686617ARJO-BDOCM6007133011667476600587000668ILM1600628.SS6-month return →1-month return →
Up and to the right = strong over both horizons. Shanghai New World is the large dot.

Fundamentals: revenue growth against valuation

-20%0%+20%0×2×4×3013702733605136603716000078NEUENTERO3151682641046033686617ARJO-BDOCM600713600587000668ILM1600628.SSRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Shanghai New World is the large dot.

Capital: growth delivered against growth the price implies

-20%0%+20%+40%+60%0%25%50%3013702733605136000078NEUENTERO315168264104603368600587000668ILM1600628.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. Shanghai New World is the large dot.

Shanghai New World competitors and peer comparison

How Shanghai New World 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.

Shanghai New World against its 20 peers (data as of 6 Nov 2026)
Measure600628.SSPeer medianRank in peer set
1-month return+1.1%-0.3%9th highest of 21
6-month return-10.8%-2.9%6th lowest of 21
Distance from 52-week high-34.3%-20.9%8th lowest of 21
Revenue growth (TTM)-1.6%+6.0%5th lowest of 21
Operating margin6.0%1.6%5th highest of 21
EV / Sales2.4×1.0×4th most expensive of 21
Growth the price implies (Req g, 7 yrs)0.3%2.9%7th least demanding of 16
Growth delivered (Del g)+1.0%+6.0%3rd lowest of 16
Hurdle (Req g minus delivered)-0.7 pp-5.2 pp5th most demanding of 16
ROIC minus cost of capital-0.1 pp-1.5 pp10th highest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Shanghai New World 600628.SSChina$623M-11%-2%6%2.4×0.3%+1.0%
GKHT Medical Technology 301370.SZChina$569M-22%-11%1%0.8×14.4%+7.5%
Arata 2733.TJapan$552M-7%+3%1%0.1×-7.1%+3.8%
Shanghai Lily & Beauty Cosmetics 605136.SSChina$517M-21%+10%0%1.2×12.2%-18.1%
Thalys Medical Technology 603716.SSChina$501M-29%-41%-17%4.1×n/an/a
Shenzhen Neptunus Bioengineering 000078.SZChina$475M-60%-22%-1%0.6×59.0%-7.8%
Neuca NEU.WAPoland$817M-1%+8%2%0.3×5.0%+8.1%
Entero Healthcare Solutions ENTERO.NSIndia$875M+50%+32%4%1.2×21.8%+29.9%
Vital KSK 3151.TJapan$428M+7%+2%1%0.1×0.4%+2.6%
Shanghai Haohai Biological Technology 6826.HKHong Kong$926M-27%-5%-2%2.0×17.2%+12.4%
Excelsior Medical 4104.TWTaiwan$409M+1%+6%8%1.6×2.9%+5.7%
Guangxi LiuYao 603368.SSChina$994M+2%+2%5%0.4×-9.5%+6.0%
Gongwin Biopharm 6617.TWOTaiwan$388M+50%+22%-571%267.5×n/an/a
Arjo ARJO-B.STSweden$1.02B+48%0%8%1.3×-1.3%+3.9%
DocMorris DOCM.SWSwitzerland$1.02B+136%+11%-8%0.9×n/an/a
Nanjing Pharmaceutical 600713.SSChina$1.03B+1%+3%2%0.3×n/an/a
Shanghai Universal Biotech 301166.SZChina$376M-6%+15%-4%1.2×n/an/a
AS ONE 7476.TJapan$1.08B+15%+10%12%1.3×-1.0%+6.3%
Shinva Medical Instrument 600587.SSChina$1.16B-7%+6%5%0.7×-5.9%+1.2%
Rongfeng 000668.SZChina$327M-5%+61%14%5.3×11.4%+30.0%
Medios ILM1.DEGermany$324M-9%+10%2%0.2×-1.3%+27.1%

Questions

Which companies are Shanghai New World's closest peers?
The cockpit's peer set: GKHT Medical Technology (301370.SZ), Arata (2733.T), Shanghai Lily & Beauty Cosmetics (605136.SS), Thalys Medical Technology (603716.SS), Shenzhen Neptunus Bioengineering (000078.SZ), Neuca (NEU.WA), Entero Healthcare Solutions (ENTERO.NS), Vital KSK (3151.T).
Is Shanghai New World expensive compared with its peers?
On ev / sales it trades at 2.4× against a peer median of 1.0×, 4th most expensive of 21 in its peer set. For today's price to make sense, revenue must grow about 0% a year for seven years (Req g). Recent delivered growth is +1%, so the hurdle is -1 pp: the price already allows for a slowdown.
How has Shanghai New World stock performed?
Over six months to 6 Nov 2026 the shares returned -10.8% against -2.9% for the median peer; over one year -15.4%.

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.