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← CockpitCompetitor Analysis › 600895.SS Shanghai Zhangjiang Hi-Tech Park Development Co., Ltd. Class AOpen in the cockpit ↗

Shanghai Zhangjiang Hi-Tech Park Development Co., Ltd. Class A600895.SSCompetitor analysis, valuation and peers

China · CNY·Real Estate›Real Estate Development

Develops and operates Shanghai's Zhangjiang high-tech park, leasing space to biotech and tech tenants and developing property.

≈ A Chinese Alexandria Real Estate Equities for a tech/biotech parkMomentum laggard 16
Mkt cap
$5.71B
US dollars, full cap
Free float
48%
of shares outstanding
$/day
$46.1M
20-day average traded
Fwd P/E
36.4×
forward earnings
ROIC−WACC
n/a
WACC 7.6%
Hurdle
n/a
no reverse DCF
Next earnings
154 days
9 Apr 2027
Close · CNYCN¥24.60
1D-2.4%
1W+5.0%
1M-10.2%
3M-19.2%
6M-32.8%
YTD-44.0%
1Y-44.5%
ATR %3.6%
52w lowhigh50.1% off high

What Shanghai Zhangjiang Hi-Tech Park Development does

Develops and operates Shanghai's Zhangjiang high-tech park, leasing space to biotech and tech tenants and developing property.

In one line: A Chinese Alexandria Real Estate Equities for a tech/biotech park.

Products and services

  • Zhangjiang science park property leasing
  • Real estate development
  • Park-related services

Customers

  • Biotech and tech tenants
  • Homebuyers

Where it sits in the supply chain

  • Real estate
  • Industrial park development & operation
  • Tech-park property & leasing

What could go right

  • Shanghai biotech/tech cluster growth
  • Rising office/lab rents

What could go wrong

  • Chinese property downturn
  • Office/lab vacancy risk

Moat: narrow (installed base, distribution). Owns and operates Shanghai's flagship biotech/tech cluster, giving it a captive tenant base.

Headquarters: Shanghai, China · Founded: 1996 · Employees: 190

Named competitors

Shanghai Zhangjiang Hi-Tech Park Development at a glance

Size Shanghai Zhangjiang Hi-Tech Park Development (600895.SS) is a China Real Estate company (Real Estate Development) with a market value of $5.71B, the 434th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥24.60 on 6 Nov 2026.

Performance Over six months the shares fell 32.8%, against -5.2% for the median peer and -16.4% for the China market (cap-weighted) — lowest of 21 in its peer set.

Growth Revenue grew 88.7% over the last twelve months (peer median +6.2%); the operating margin is 25.6% (peer median 24.5%).

Valuation It trades at 36.4× forward earnings against a peer median of 14.0× (2nd most expensive of 18).

Next results Next results expected around 9 Apr 2027 (exchange calendar; dates can move).

Relative performance

608010011 May 202611 Aug 20266 Nov 2026Peer median 95600895.SS 65
Six months, rebased to 100: Shanghai Zhangjiang Hi-Tech Park Development against the median of its 20 peers (local-currency closes).

Shanghai Zhangjiang Hi-Tech Park Development financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥4.35BCN¥4.17BCN¥1.97BCN¥2.02BCN¥1.59B
Revenue growth—+112%-2%+27%—
Gross profitCN¥2.42BCN¥2.00BCN¥1.10BCN¥1.15BCN¥855M
EBITDAn/aCN¥1.82BCN¥988MCN¥1.22BCN¥1.04B
Net incomeCN¥863MCN¥986MCN¥982MCN¥948MCN¥822M
Free cash flow-CN¥61.7MCN¥408M-CN¥4.15B-CN¥4.19B-CN¥1.46B
Capital expenditureCN¥568MCN¥470MCN¥2.06BCN¥1.95BCN¥1.59B
Total debtCN¥25.8BCN¥31.4BCN¥28.2BCN¥25.4BCN¥20.1B

Quarterly statements and history in the cockpit →

Shanghai Zhangjiang Hi-Tech Park 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

-20%0%+20%-20%0%+20%3289GODREJPROPCAST0000020247U143231NRPC09BALD-BFSVOBEROIRLTY600663O5GSAGA-AHHHDWNIPRESTIGE0101600895.SS6-month return →1-month return →
Up and to the right = strong over both horizons. Shanghai Zhangjiang Hi-Tech Park Development is the large dot.

Fundamentals: revenue growth against valuation

0%+50%10×20×30×40×3289GODREJPROPCASTU143231NRPC09BALD-BFSVOBEROIRLTY600663HHH1878PRESTIGE600895.SSRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Shanghai Zhangjiang Hi-Tech Park Development is the large dot.

Shanghai Zhangjiang Hi-Tech Park Development competitors and peer comparison

Head to head with its named competitors (600895.SS vs 001979.SZ vs 600663.SS vs 600848.SS)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
Shanghai Zhangjiang Hi-Tech Park Development 600895.SS$5.71B-33%+89%26%36.4×n/a
China Merchants Shekou Industrial Zone 001979.SZ$10.4B-10%-22%1%69.7×n/a
Shanghai Lujiazui Finance & Trade Zone Development 600663.SS$4.81B-10%-21%21%14.0×n/a
Shanghai Lingang 600848.SS$3.00B-9%-26%15%19.4×12.9%
Shanghai Jinqiao Export Processing Zone Development 600639.SS$1.37B-10%+203%23%5.7×n/a
Suzhou New District Hi-Tech Industrial 600736.SS$934M-34%-30%-27%38.6×n/a

How Shanghai Zhangjiang Hi-Tech Park 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 Zhangjiang Hi-Tech Park Development against its 20 peers (data as of 6 Nov 2026)
Measure600895.SSPeer medianRank in peer set
1-month return-10.2%+4.8%3rd lowest of 21
6-month return-32.8%-5.2%lowest of 21
Distance from 52-week high-50.1%-21.5%lowest of 21
Revenue growth (TTM)+88.7%+6.2%highest of 21
Operating margin25.6%24.5%10th highest of 21
Forward P/E36.4×14.0×2nd most expensive of 18

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 Zhangjiang Hi-Tech Park Development 600895.SSChina$5.71B-33%+89%26%36.4×n/an/a
Tokyu Fudosan Holdings Corporat 3289.TJapan$5.69B-7%+6%14%8.6×n/an/a
Godrej Properties GODREJPROP.NSIndia$5.77B-4%+17%21%24.5×n/an/a
Castellum CAST.STSweden$5.94B+10%-3%67%16.1×n/an/a
China Vanke 000002.SZChina$5.36B-17%-32%-24%n/an/an/a
Tsim Sha Tsui Properties 0247.HKHong Kong$5.24B-20%+15%34%n/an/an/a
UOL U14.SISingapore$5.23B-23%+2%25%13.8×n/an/a
Nomura Real Estate 3231.TJapan$5.17B-12%+19%14%8.8×n/an/a
NEPI Rockcastle NRP.ASNetherlands$6.34B+9%+20%62%12.1×n/an/a
City Developments C09.SISingapore$5.13B-11%+36%14%14.1×n/an/a
Fastighets AB Balder BALD-B.STSweden$6.43B-2%+4%66%12.2×n/an/a
FirstService FSV.TOCanada$6.46B+18%+3%6%23.6×n/an/a
Oberoi Realty OBEROIRLTY.NSIndia$6.66B+4%+16%57%20.0×n/an/a
Shanghai Lujiazui Finance & Trade Zone Development 600663.SSChina$4.81B-10%-21%21%14.0×n/an/a
Cpi Property O5G.DEGermany$6.85B-1%-8%41%n/an/an/a
AB Sagax SAGA-A.STSweden$6.96B+5%+5%78%15.7×n/an/a
Howard Hughes HHHUnited States$4.64B+18%+32%15%29.6×n/an/a
Deutsche Wohnen DWNI.DEGermany$7.05B-20%0%48%11.0×n/an/a
Daito Trust Construction 1878.TJapan$7.10B-7%+6%7%9.7×n/an/a
Prestige Estates Projects PRESTIGE.NSIndia$7.42B+10%+66%24%38.5×n/an/a
Hang Lung Ppt 0101.HKHong Kong$4.40B-29%+10%53%11.8×n/an/a

Questions

Who are Shanghai Zhangjiang Hi-Tech Park Development's main competitors?
Named competitors: China Merchants Shekou (001979.SZ), Shanghai Lujiazui (600663.SS), Shanghai Lingang Holdings (600848.SS), Shanghai Jinqiao Export Processing Zone Development (600639.SS), Suzhou New District Hi-Tech Industrial (600736.SS). The cockpit's measured peer set (industry) also includes Tokyu Fudosan Holdings Corporat (3289.T), Godrej Properties (GODREJPROP.NS), Castellum (CAST.ST), China Vanke (000002.SZ), Tsim Sha Tsui Properties (0247.HK), UOL (U14.SI).
Is Shanghai Zhangjiang Hi-Tech Park Development expensive compared with its peers?
On forward p/e it trades at 36.4× against a peer median of 14.0×, 2nd most expensive of 18 in its peer set.
How has Shanghai Zhangjiang Hi-Tech Park Development stock performed?
Over six months to 6 Nov 2026 the shares returned -32.8% against -5.2% for the median peer; over one year -44.5%.

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.