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← CockpitCompetitor Analysis › 600851.SS Shanghai Haixin Group Co., Ltd. Class AOpen in the cockpit ↗

Shanghai Haixin Group Co., Ltd. Class A600851.SSCompetitor analysis, valuation and peers

China · CNY·Consumer Discretionary›Textiles

Shanghai diversified group spanning pharmaceutical manufacturing, industrial-park property leasing, plush-fabric textiles and financial investment.

Momentum leader 93
Mkt cap
$1.08B
US dollars, full cap
Free float
49%
of shares outstanding
$/day
$34.1M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
-6.5 pp
WACC 7.6%
Hurdle
n/a
no reverse DCF
Close · CNYCN¥8.70
1D-3.9%
1W+4.7%
1M+13.6%
3M+11.7%
6M+4.4%
YTD+27.4%
1Y+27.8%
ATR %6.0%
52w lowhigh18.6% off high

What Shanghai Haixin does

Shanghai diversified group spanning pharmaceutical manufacturing, industrial-park property leasing, plush-fabric textiles and financial investment.

Products and services

  • Pharmaceutical products
  • Property leasing
  • Plush fabric & apparel
  • Financial/commodity investment

Customers

  • Healthcare distributors/patients
  • Industrial-park tenants
  • Textile/apparel buyers

Where it sits in the supply chain

  • Health Care
  • Diversified holding
  • Pharma, property, plush textiles

What could go right

  • Pharma segment growth

What could go wrong

  • Diversified/unfocused business mix
  • Financial-investment segment volatility

Moat: none. Diversified conglomerate spanning unrelated pharma, property and textile businesses.

Headquarters: Shanghai, China · Founded: 1993 · Employees: 675

Shanghai Haixin at a glance

Size Shanghai Haixin (600851.SS) is a China Consumer Discretionary company (Textiles) with a market value of $1.08B, the 2159th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥8.70 on 6 Nov 2026.

Performance Over six months the shares gained 4.4%, against -12.3% for the median peer and -16.4% for the China market (cap-weighted) — 6th highest of 21 in its peer set.

Growth Revenue fell 14.7% over the last twelve months (peer median -0.1%); the operating margin is 7.3% (peer median 5.1%).

Valuation It trades at 10.0× enterprise value to sales against a peer median of 1.4× (most expensive of 21).

Capital Return on invested capital runs 6.5 points below its cost of capital (7.6% WACC).

Relative performance

8010012011 May 202611 Aug 20266 Nov 2026600851.SS 103Peer median 87
Six months, rebased to 100: Shanghai Haixin against the median of its 20 peers (local-currency closes).

Shanghai Haixin financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥641MCN¥750MCN¥752MCN¥1.16BCN¥1.43B
Revenue growth—0%-35%-19%—
Gross profitCN¥407MCN¥430MCN¥397MCN¥521MCN¥644M
EBITDAn/aCN¥65.1MCN¥44.8MCN¥71.9MCN¥37.4M
Net incomeCN¥191MCN¥176MCN¥151MCN¥166MCN¥164M
Free cash flow-CN¥155MCN¥89.2MCN¥149MCN¥1.06MCN¥242M
Capital expenditureCN¥65.8MCN¥117MCN¥29.7MCN¥61.8MCN¥15.9M
Total debtCN¥115MCN¥110MCN¥37.6MCN¥37.1MCN¥28.4M

Quarterly statements and history in the cockpit →

Shanghai Haixin 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%+40%-10%0%+10%6030553569300180310660088960098700208300232729802060388914346015996031306003703000670022066006170020420026743002600851.SS6-month return →1-month return →
Up and to the right = strong over both horizons. Shanghai Haixin is the large dot.

Fundamentals: revenue growth against valuation

-20%0%+20%+40%0×5×603055356930018031066008896009870020830023272980206038891434601599603130600370300067002042600851.SSRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Shanghai Haixin is the large dot.

Shanghai Haixin competitors and peer comparison

How Shanghai Haixin 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 Haixin against its 20 peers (data as of 6 Nov 2026)
Measure600851.SSPeer medianRank in peer set
1-month return+13.6%-3.5%2nd highest of 21
6-month return+4.4%-12.3%6th highest of 21
Distance from 52-week high-18.6%-33.9%7th highest of 21
Revenue growth (TTM)-14.7%-0.1%3rd lowest of 21
Operating margin7.3%5.1%9th highest of 21
EV / Sales10.0×1.4×most expensive of 21
ROIC minus cost of capital-6.5 pp-2.0 pp3rd lowest 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 Haixin 600851.SSChina$1.08B+4%-15%7%10.0×n/an/a
Zhejiang Taihua New Material 603055.SSChina$1.09B-9%+3%10%1.7×-5.0%+20.7%
Seiren 3569.TJapan$1.07B-1%+12%12%0.7×-4.9%+11.7%
Huafon Microfibre (Shanghai) 300180.SZChina$1.06B-24%-6%-1%2.0×16.2%+4.4%
Kurabo Industries 3106.TJapan$1.10B+33%-3%7%1.1×8.2%+3.3%
Nanjing Chemical Fibre 600889.SSChina$1.03B-24%+115%5%8.4×35.4%-3.9%
Zhejiang Hangmin 600987.SSChina$1.02B-6%-23%8%0.4×n/an/a
Sunvim 002083.SZChina$1.16B-20%+19%17%1.5×-12.1%+3.3%
Shenzhen Fuanna Bedding & Furnishing 002327.SZChina$951M-26%-5%12%2.4×-1.3%-2.1%
Hyosung Tnc 298020.KSSouth Korea$911M-45%+8%5%0.1×n/an/a
Zhejiang Xinao Textiles 603889.SSChina$908M-5%+20%13%1.4×n/an/a
Formosa Taffeta 1434.TWTaiwan$888M+9%-7%2%1.3×19.9%-0.9%
Zhewen Pictures 601599.SSChina$884M+37%+4%1%1.8×46.4%+13.9%
Zhejiang Yunzhongma 603130.SSChina$867M-8%+4%4%2.4×21.1%+18.8%
Jiangsu Sanfame Polyester Material 600370.SSChina$857M-44%-13%-3%0.7×n/an/a
Shanghai Anoky 300067.SZChina$853M-29%+36%3%4.8×n/an/a
Zhejiang Hailide New Material 002206.SZChina$845M-18%-7%11%1.3×-2.2%+10.7%
Shanxi Guoxin Energy Corporation Limited 600617.SSChina$838M-16%-9%3%1.4×0.8%+4.5%
Huafu Fashion 002042.SZChina$822M-31%-23%2%1.3×15.1%-10.8%
Xingye Leather Technology 002674.SZChina$807M+35%+7%8%1.9×14.3%+15.4%
Gunze 3002.TJapan$797M+17%-4%5%1.1×10.5%+1.1%

Questions

Which companies are Shanghai Haixin's closest peers?
The cockpit's peer set: Zhejiang Taihua New Material (603055.SS), Seiren (3569.T), Huafon Microfibre (Shanghai) (300180.SZ), Kurabo Industries (3106.T), Nanjing Chemical Fibre (600889.SS), Zhejiang Hangmin (600987.SS), Sunvim (002083.SZ), Shenzhen Fuanna Bedding & Furnishing (002327.SZ).
Is Shanghai Haixin expensive compared with its peers?
On ev / sales it trades at 10.0× against a peer median of 1.4×, most expensive of 21 in its peer set.
How has Shanghai Haixin stock performed?
Over six months to 6 Nov 2026 the shares returned +4.4% against -12.3% for the median peer; over one year +27.8%.

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.