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← CockpitCompetitor Analysis › 600639.SS Shanghai Jinqiao Export Processing Zone Development Co. Ltd. Class AOpen in the cockpit ↗

Shanghai Jinqiao Export Processing Zone Development Co. Ltd. Class A600639.SSCompetitor analysis, valuation and peers

China · CNY·Real Estate›Real Estate Development

Develops and manages industrial and commercial property within Shanghai's Jinqiao Export Processing Zone, a manufacturing hub.

Momentum strong 65
Mkt cap
$1.37B
US dollars, full cap
Free float
30%
of shares outstanding
$/day
$5.87M
20-day average traded
Fwd P/E
5.7×
forward earnings
ROIC−WACC
n/a
WACC 5.0%
Hurdle
n/a
no reverse DCF
Close · CNYCN¥9.31
1D-0.3%
1W+1.9%
1M-7.5%
3M-5.6%
6M-9.8%
YTD-9.3%
1Y-19.2%
ATR %2.0%
52w lowhigh19.8% off high

What Shanghai Jinqiao Export Processing Zone Development does

Develops and manages industrial and commercial property within Shanghai's Jinqiao Export Processing Zone, a manufacturing hub.

Earns rent from factories, offices and commercial space it has built in the Jinqiao zone, plus sales of developed property and land-use rights, so income follows leasing demand from companies in the zone. A Shanghai state-owned group controls it.

Products and services

  • Industrial property development
  • Commercial property leasing

Customers

  • Manufacturers locating in Jinqiao zone

Where it sits in the supply chain

  • Real estate
  • Industrial park development
  • Commercial property leasing

What could go right

  • Manufacturing FDI into Shanghai

What could go wrong

  • Industrial property demand cyclicality

Moat: narrow (regulatory licence, installed base). Exclusive developer role within a long-established export-processing zone hosting major manufacturers.

Headquarters: Shanghai, China · Founded: 1990 · Employees: 221

Named competitors

Shanghai Jinqiao Export Processing Zone Development at a glance

Size Shanghai Jinqiao Export Processing Zone Development (600639.SS) is a China Real Estate company (Real Estate Development) with a market value of $1.37B, the 1777th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥9.31 on 6 Nov 2026.

Performance Over six months the shares fell 9.8%, against -16.7% for the median peer and -16.4% for the China market (cap-weighted) — 6th highest of 20 in its peer set.

Growth Revenue grew 202.8% over the last twelve months (peer median +2.0%); the operating margin is 22.7% (peer median 15.0%).

Valuation It trades at 5.7× forward earnings against a peer median of 12.6× (3rd cheapest of 15).

Relative performance

809010011 May 202611 Aug 20266 Nov 2026600639.SS 90Peer median 81
Six months, rebased to 100: Shanghai Jinqiao Export Processing Zone Development against the median of its 20 peers (local-currency closes).

Shanghai Jinqiao Export Processing Zone Development financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥6.18BCN¥5.95BCN¥2.71BCN¥6.57BCN¥5.01B
Revenue growth—+120%-59%+31%—
Gross profitCN¥2.13BCN¥1.70BCN¥1.19BCN¥4.29BCN¥3.27B
EBITDAn/aCN¥1.70BCN¥1.44BCN¥3.25BCN¥2.76B
Net incomeCN¥916MCN¥1.07BCN¥1.00BCN¥1.82BCN¥1.58B
Free cash flow-CN¥9.43M-CN¥1.86B-CN¥1.22B-CN¥6.43B-CN¥2.47B
Capital expenditureCN¥10.9MCN¥14.0MCN¥56.5MCN¥27.1MCN¥7.75M
Total debtCN¥21.3BCN¥20.4BCN¥20.4BCN¥15.5BCN¥10.5B

Quarterly statements and history in the cockpit →

Shanghai Jinqiao Export Processing Zone 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%-40%-20%0%6666ZUGN600649000031OPEN0019141030CHAM8850DEQ2669GYC000534ATRLJ-B0081600639.SS6-month return →1-month return →
Up and to the right = strong over both horizons. Shanghai Jinqiao Export Processing Zone Development is the large dot.

Fundamentals: revenue growth against valuation

-100%0%+100%+200%0×50×100×ZUGN6006490019141030CHAM8850ICADSOBHA600639.SSRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Shanghai Jinqiao Export Processing Zone Development is the large dot.

Shanghai Jinqiao Export Processing Zone Development competitors and peer comparison

Head to head with its named competitors (600639.SS vs 600648.SS)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
Shanghai Jinqiao Export Processing Zone Development 600639.SS$1.37B-10%+203%23%5.7×n/a
Shanghai Waigaoqiao Free Trade Zone 600648.SS$1.60B-15%-3%8%12.1×n/a

How Shanghai Jinqiao Export Processing Zone 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.

Shanghai Jinqiao Export Processing Zone Development against its 20 peers (data as of 6 Nov 2026)
Measure600639.SSPeer medianRank in peer set
1-month return-7.5%-1.9%9th lowest of 21
6-month return-9.8%-16.7%6th highest of 20
Distance from 52-week high-19.8%-31.9%6th highest of 21
Revenue growth (TTM)+202.8%+2.0%highest of 21
Operating margin22.7%15.0%9th highest of 21
Forward P/E5.7×12.6×3rd cheapest of 15

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
Shanghai Jinqiao Export Processing Zone Development 600639.SSChina$1.37B-10%+203%23%5.7×n/an/a
Evergrande Property Services 6666.HKHong Kong$1.37B-34%+9%10%n/an/an/a
Zug Estates ZUGN.SWSwitzerland$1.37B-2%+1%62%27.3×n/an/a
Shanghai Chengtou 600649.SSChina$1.38B-14%-53%6%28.3×n/an/a
Grandjoy 000031.SZChina$1.38B-30%-25%3%n/an/an/a
Opendoor Technologies OPENUnited States$1.36B-72%-37%-16%n/an/an/a
China Merchants Property Operation & Service 001914.SZChina$1.36B-16%+6%5%9.8×n/an/a
Seazen 1030.HKHong Kong$1.36B-36%-35%16%12.8×n/an/a
Cham Swiss Properties CHAM.SWSwitzerland$1.38B-5%-78%32%102.7×n/an/a
Starts 8850.TJapan$1.35B-6%+7%14%7.8×n/an/a
Deutsche EuroShop DEQ.DEGermany$1.40B-16%+2%76%9.5×n/an/a
China Overseas Property 2669.HKHong Kong$1.41B-17%+11%11%7.0×n/an/a
Horizon Industrial Parks HORIZONIND.NSIndia$1.33Bn/a+83%44%n/an/an/a
Gmp Property SOCIMI YGMP.MCSpain$1.33B-4%0%53%n/an/an/a
Icade ICAD.PAFrance$1.33B-22%-9%17%5.3×n/an/a
Grand City Properties GYC.DEGermany$1.42B-19%+2%55%5.3×n/an/a
Sakura Development 2539.TWTaiwan$1.31B-28%+10%39%n/an/an/a
Sobha SOBHA.NSIndia$1.44B-12%+10%4%29.9×n/an/a
Wedge Industrial 000534.SZChina$1.30B-57%+4%10%28.6×n/an/a
Atrium Ljungberg ATRLJ-B.STSweden$1.45B-24%+8%55%12.3×n/an/a
China Overseas Grand Oceans 0081.HKHong Kong$1.30B-7%-3%5%19.2×n/an/a

Questions

Who are Shanghai Jinqiao Export Processing Zone Development's main competitors?
Named competitors: Shanghai Waigaoqiao Free Trade Zone Group (600648.SS). The cockpit's measured peer set (industry) also includes Evergrande Property Services (6666.HK), Zug Estates (ZUGN.SW), Shanghai Chengtou (600649.SS), Grandjoy (000031.SZ), Opendoor Technologies (OPEN), China Merchants Property Operation & Service (001914.SZ).
Is Shanghai Jinqiao Export Processing Zone Development expensive compared with its peers?
On forward p/e it trades at 5.7× against a peer median of 12.6×, 3rd cheapest of 15 in its peer set.
How has Shanghai Jinqiao Export Processing Zone Development stock performed?
Over six months to 6 Nov 2026 the shares returned -9.8% against -16.7% for the median peer; over one year -19.2%.

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.