Which companies are Shang Gong's closest peers?

The cockpit's peer set: Beijing Jingcheng Machinery Electric (0187.HK), Gallant Micro Machining (6640.TWO), Hero Motors (HEROMOTORS.NS), Jiangsu Liba Enterprise Joint-Stock (603519.SS), Schweiter Technologies (SWTQ.SW), Noblelift Intelligent Equipment (603611.SS), Jiangyin PIVOT Automotive Products (301181.SZ), Hangzhou Huaguang Advanced Welding Materials (688379.SS).

Is Shang Gong expensive compared with its peers?

On ev / sales it trades at 1.0× against a peer median of 3.1×, 3rd cheapest of 21 in its peer set.

How has Shang Gong stock performed?

Over six months to 6 Nov 2026 the shares returned -16.7% against -17.2% for the median peer; over one year -42.4%.

← CockpitCompetitor Analysis › 600843.SS Shang Gong Group Co., Ltd. Class AOpen in the cockpit ↗

Shang Gong Group Co., Ltd. Class A600843.SSCompetitor analysis, valuation and peers

China · CNY·Industrials›Industrial Machinery

Momentum strong 74

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$575M

US dollars, full cap

Free float

80%

of shares outstanding

$/day

$46.3M

20-day average traded

Fwd P/E

n/m

no positive forecast

ROIC−WACC

-6.5 pp

WACC 5.0%

Hurdle

n/a

no reverse DCF

Close · CNYCN¥7.26

1D-2.9%

1W+3.1%

1M-2.4%

3M+3.0%

6M-16.7%

YTD-42.1%

1Y-42.4%

ATR %6.3%

52w lowhigh45.0% off high

What Shang Gong does

Employees: 4,819

Shang Gong at a glance

Size Shang Gong (600843.SS) is a China Industrials company (Industrial Machinery) with a market value of $575M, the 3526th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥7.26 on 6 Nov 2026.

Performance Over six months the shares fell 16.7%, against -17.2% for the median peer and -16.4% for the China market (cap-weighted) — 10th highest of 19 in its peer set.

Growth Revenue grew 2.4% over the last twelve months (peer median +6.4%); the operating margin is -4.9% (peer median 6.3%).

Valuation It trades at 1.0× enterprise value to sales against a peer median of 3.1× (3rd cheapest of 21).

Capital Return on invested capital runs 6.5 points below its cost of capital (5.0% WACC).

Relative performance

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

Shang Gong financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	CN¥4.44B	CN¥4.34B	CN¥4.40B	CN¥3.78B	CN¥3.32B
Revenue growth	—	-1%	+16%	+14%	—
Gross profit	CN¥797M	CN¥641M	CN¥706M	CN¥869M	CN¥742M
EBITDA	n/a	-CN¥40.6M	CN¥45.8M	CN¥248M	CN¥250M
Net income	-CN¥221M	-CN¥142M	-CN¥244M	CN¥90.7M	CN¥73.2M
Free cash flow	-CN¥143M	-CN¥196M	CN¥14.1M	-CN¥66.5M	-CN¥23.8M
Capital expenditure	CN¥129M	CN¥140M	CN¥115M	CN¥111M	CN¥87.9M
Total debt	CN¥2.09B	CN¥2.21B	CN¥1.79B	CN¥1.34B	CN¥1.33B

Quarterly statements and history in the cockpit →

Shang Gong 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. Shang Gong is the large dot.

Fundamentals: revenue growth against valuation

Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Shang Gong is the large dot.

Shang Gong competitors and peer comparison

How Shang Gong 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.

Shang Gong against its 20 peers (data as of 6 Nov 2026)
Measure	600843.SS	Peer median	Rank in peer set
1-month return	-2.4%	-12.5%	5th highest of 21
6-month return	-16.7%	-17.2%	10th highest of 19
Distance from 52-week high	-45.0%	-41.4%	7th lowest of 21
Revenue growth (TTM)	+2.4%	+6.4%	9th lowest of 21
Operating margin	-4.9%	6.3%	5th lowest of 21
EV / Sales	1.0×	3.1×	3rd cheapest of 21
ROIC minus cost of capital	-6.5 pp	-1.3 pp	5th lowest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
Company	Market	Market cap	6M return	Revenue growth	Op. margin	EV / Sales	Req g	Delivered g
Shang Gong 600843.SS	China	$575M	-17%	+2%	-5%	1.0×	n/a	n/a
Beijing Jingcheng Machinery Electric 0187.HK	Hong Kong	$575M	-42%	-1%	-8%	3.1×	n/a	n/a
Gallant Micro Machining 6640.TWO	Taiwan	$575M	-53%	+39%	19%	4.8×	8.0%	+25.1%
Hero Motors HEROMOTORS.NS	India	$578M	n/a	+9%	6%	4.6×	37.3%	+4.0%
Jiangsu Liba Enterprise Joint-Stock 603519.SS	China	$578M	0%	0%	10%	2.1×	14.8%	+5.4%
Schweiter Technologies SWTQ.SW	Switzerland	$581M	+19%	-12%	4%	0.6×	-3.5%	-4.9%
Noblelift Intelligent Equipment 603611.SS	China	$569M	-23%	+4%	7%	0.7×	-6.0%	+10.5%
Jiangyin PIVOT Automotive Products 301181.SZ	China	$582M	-25%	-9%	16%	7.2×	22.5%	-2.9%
Hangzhou Huaguang Advanced Welding Materials 688379.SS	China	$567M	-39%	+62%	6%	1.6×	n/a	n/a
Wuxi Delinhai Environmental Technology 688069.SS	China	$586M	-8%	+18%	5%	6.8×	n/a	n/a
Canature Health Technology 300272.SZ	China	$587M	-30%	+4%	9%	2.4×	3.4%	+9.3%
Kangping Technology (Suzhou) 300907.SZ	China	$588M	+33%	+37%	6%	2.9×	n/a	n/a
WPG (Shanghai) Smart Water Public 603956.SS	China	$563M	+13%	-24%	-39%	4.7×	n/a	n/a
Nantong Guosheng Intelligence Technology 688558.SS	China	$562M	-20%	+17%	12%	2.1×	15.7%	+11.5%
Jiangsu Beiren Smart Manufacturing Technology 688218.SS	China	$562M	-5%	-10%	-10%	6.5×	21.9%	+1.6%
GMT Global 4573.TWO	Taiwan	$589M	-14%	-3%	-19%	31.9×	n/a	n/a
VM Inc. 089970.KS	South Korea	$590M	-44%	+150%	27%	2.5×	-0.3%	+9.2%
Nanjing Comptech Composites 301591.SZ	China	$593M	+18%	+10%	14%	7.7×	n/a	n/a
Lohia LCL.NS	India	$556M	n/a	+24%	15%	3.0×	3.9%	+8.5%
Shaoyang Victor Hydraulics 301079.SZ	China	$555M	-21%	+20%	4%	12.3×	n/a	n/a
Zhejiang Langdi 603726.SS	China	$597M	-14%	-9%	10%	2.5×	9.6%	+5.4%

Questions

Which companies are Shang Gong's closest peers?: The cockpit's peer set: Beijing Jingcheng Machinery Electric (0187.HK), Gallant Micro Machining (6640.TWO), Hero Motors (HEROMOTORS.NS), Jiangsu Liba Enterprise Joint-Stock (603519.SS), Schweiter Technologies (SWTQ.SW), Noblelift Intelligent Equipment (603611.SS), Jiangyin PIVOT Automotive Products (301181.SZ), Hangzhou Huaguang Advanced Welding Materials (688379.SS).
Is Shang Gong expensive compared with its peers?: On ev / sales it trades at 1.0× against a peer median of 3.1×, 3rd cheapest of 21 in its peer set.
How has Shang Gong stock performed?: Over six months to 6 Nov 2026 the shares returned -16.7% against -17.2% for the median peer; over one year -42.4%.