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← CockpitCompetitor Analysis › 601006.SS Daqin Railway Co., Ltd. Class AOpen in the cockpit ↗

Daqin Railway Co., Ltd. Class A601006.SSCompetitor analysis, valuation and peers

China · CNY·Industrials›Railroads

Operates China's principal coal-hauling railway from Shanxi's mines to Bohai Bay ports.

≈ A Chinese BNSF coal-corridor equivalentMomentum strong 77
Mkt cap
$14.5B
US dollars, full cap
Free float
46%
of shares outstanding
$/day
$111M
20-day average traded
Fwd P/E
16.3×
forward earnings
ROIC−WACC
-3.1 pp
WACC 5.0%
Hurdle
n/a
no reverse DCF
Next earnings
174 days
29 Apr 2027
Close · CNYCN¥4.88
1D+0.8%
1W+0.4%
1M+0.8%
3M-2.4%
6M-7.4%
YTD-5.4%
1Y-17.6%
ATR %1.9%
52w lowhigh16.9% off high

What Daqin Railway does

Operates China's principal coal-hauling railway from Shanxi's mines to Bohai Bay ports.

Charges freight fees per tonne of coal carried over its own track, at tariffs set under national rail rules, so volume hauled and tariff changes drive earnings rather than the price of coal. The line runs from Datong to the port of Qinhuangdao. A state-owned railway group controls it.

In one line: A Chinese BNSF coal-corridor equivalent.

Products and services

  • Coal freight rail transport
  • General freight/passenger

Customers

  • Coal miners and traders
  • Power plants/ports

Where it sits in the supply chain

  • Industrials
  • Transportation infrastructure
  • Freight rail (coal transport)

What could go right

  • Coal demand for power generation
  • Tariff adjustments

What could go wrong

  • China's coal demand transition to renewables
  • Regulated freight tariffs

Moat: wide (regulatory licence, installed base, network effects). Carries a large share of China's coal exports to coastal ports over a corridor with no substitute route.

Headquarters: Taiyuan, China · Founded: 2004 · Employees: 88,026

Named competitors

Daqin Railway at a glance

Size Daqin Railway (601006.SS) is a China Industrials company (Railroads) with a market value of $14.5B, the 162nd largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥4.88 on 6 Nov 2026.

Performance Over six months the shares fell 7.4%, against +10.3% for the median peer and -16.4% for the China market (cap-weighted) — lowest of 9 in its peer set.

Growth Revenue grew 3.1% over the last twelve months (peer median +6.2%); the operating margin is 5.7% (peer median 17.5%).

Valuation It trades at 16.3× forward earnings against a peer median of 15.6× (4th most expensive of 9).

Capital Return on invested capital runs 3.1 points below its cost of capital (5.0% WACC).

Next results Next results expected around 29 Apr 2027 (exchange calendar; dates can move).

Relative performance

9010011011 May 202611 Aug 20266 Nov 2026Peer median 110601006.SS 93
Six months, rebased to 100: Daqin Railway against the median of its 8 peers (local-currency closes).

Daqin Railway financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥78.8BCN¥77.4BCN¥74.4BCN¥80.8BCN¥75.7B
Revenue growth—+4%-8%+7%—
Gross profitCN¥10.1BCN¥6.14BCN¥11.0BCN¥16.3BCN¥15.0B
EBITDAn/aCN¥11.2BCN¥16.3BCN¥20.7BCN¥19.4B
Net incomeCN¥5.50BCN¥5.90BCN¥9.04BCN¥11.9BCN¥11.2B
Free cash flow-CN¥10.7B-CN¥19.1BCN¥7.95BCN¥13.9BCN¥13.1B
Capital expenditureCN¥27.5BCN¥27.2BCN¥4.53BCN¥7.29BCN¥7.12B
Total debtCN¥13.7BCN¥13.8BCN¥20.0BCN¥38.4BCN¥44.8B

Quarterly statements and history in the cockpit →

Daqin Railway 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

-10%0%+10%+20%0%+5%+10%+15%GET90219020GATX6018169009AZJ9007601006.SS6-month return →1-month return →
Up and to the right = strong over both horizons. Daqin Railway is the large dot.

Fundamentals: revenue growth against valuation

+10%+20%+30%20×30×GET90219020GATX60181690099007601006.SSRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Daqin Railway is the large dot.

Daqin Railway competitors and peer comparison

Head to head with its named competitors (601006.SS vs 601816.SS)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
Daqin Railway 601006.SS$14.5B-7%+3%6%16.3×n/a
Beijing-Shanghai High-Speed Railway 601816.SS$39.3B+9%+3%44%18.7×-2.8%

How Daqin Railway 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.

Daqin Railway against its 8 peers (data as of 6 Nov 2026)
Measure601006.SSPeer medianRank in peer set
1-month return+0.8%+9.9%lowest of 9
6-month return-7.4%+10.3%lowest of 9
Distance from 52-week high-16.9%-7.2%lowest of 9
Revenue growth (TTM)+3.1%+6.2%3rd lowest of 9
Operating margin5.7%17.5%lowest of 9
Forward P/E16.3×15.6×4th most expensive of 9
ROIC minus cost of capital-3.1 pp-0.9 pp2nd lowest of 9

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
Daqin Railway 601006.SSChina$14.5B-7%+3%6%16.3×n/an/a
Getlink GET.PAFrance$12.3B+9%+9%40%35.3×10.1%+14.3%
West Japan Railway 9021.TJapan$9.19B+12%+6%10%13.8×2.4%+14.9%
East Japan Railway 9020.TJapan$27.4B+13%+9%14%15.8×n/an/a
GATX GATXUnited States$6.38B-2%+30%30%17.0×n/an/a
Beijing-Shanghai High-Speed Railway 601816.SSChina$39.3B+9%+3%44%18.7×-2.8%+11.3%
Keisei Electric Railway 9009.TJapan$4.51B+26%+4%11%15.5×n/an/a
Aurizon AZJ.AXAustralia$4.49B-5%+6%21%14.8×4.4%+6.7%
Odakyu Electric Railway 9007.TJapan$3.80B+11%+3%13%15.1×n/an/a

Questions

Who are Daqin Railway's main competitors?
Named competitors: Beijing-Shanghai High-Speed Railway (601816.SS). The cockpit's measured peer set (industry) also includes Getlink (GET.PA), West Japan Railway (9021.T), East Japan Railway (9020.T), GATX (GATX), Beijing-Shanghai High-Speed Railway (601816.SS), Keisei Electric Railway (9009.T).
Is Daqin Railway expensive compared with its peers?
On forward p/e it trades at 16.3× against a peer median of 15.6×, 4th most expensive of 9 in its peer set.
How has Daqin Railway stock performed?
Over six months to 6 Nov 2026 the shares returned -7.4% against +10.3% for the median peer; over one year -17.6%.

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.