Loading…
← CockpitCompetitor Analysis › 601588.SS Beijing North Star Company Limited Class AOpen in the cockpit ↗

Beijing North Star Company Limited Class A601588.SSCompetitor analysis, valuation and peers

China · CNY·Real Estate›Real Estate Development
Momentum weak 38
Mkt cap
$683M
US dollars, full cap
Free float
48%
of shares outstanding
$/day
$6.80M
20-day average traded
P/B
0.97×
price to book
ROE
-31.8%
delivered
Implied ROE
8.5%
what the price asks
Next earnings
133 days
19 Mar 2027
Close · CNYCN¥1.57
1D-1.9%
1W0.0%
1M-12.8%
3M-9.2%
6M-21.5%
YTD-9.8%
1Y-25.2%
ATR %3.5%
52w lowhigh32.9% off high

What Beijing North Star does

Employees: 4,729

Beijing North Star at a glance

Size Beijing North Star (601588.SS) is a China Real Estate company (Real Estate Development) with a market value of $683M, the 3119th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥1.57 on 6 Nov 2026.

Performance Over six months the shares fell 21.5%, against -18.9% for the median peer and -16.4% for the China market (cap-weighted) — 8th lowest of 21 in its peer set.

Growth Revenue fell 11.7% over the last twelve months (peer median +4.8%); the operating margin is -21.2% (peer median 6.8%).

Valuation It trades at 0.97× book value against a peer median of 1.15× (8th cheapest of 20).

Price implies The share price implies a return on equity of about 8.5%; Beijing North Star delivers -31.8%, so the price asks more than the business earns today.

Next results Next results expected around 19 Mar 2027 (exchange calendar; dates can move).

Relative performance

809010011011 May 202611 Aug 20266 Nov 2026Peer median 79601588.SS 79
Six months, rebased to 100: Beijing North Star against the median of its 20 peers (local-currency closes).

Beijing North Star financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥5.99BCN¥6.03BCN¥7.13BCN¥15.7BCN¥12.9B
Revenue growth—-16%-54%+21%—
Gross profitCN¥2.49BCN¥1.91BCN¥1.81BCN¥4.18BCN¥2.57B
EBITDAn/a-CN¥1.55B-CN¥1.86BCN¥1.84BCN¥81.3M
Net income-CN¥2.07B-CN¥2.99B-CN¥2.83BCN¥68.1M-CN¥1.60B
Free cash flowCN¥1.56BCN¥1.07BCN¥897MCN¥1.28BCN¥3.82B
Capital expenditureCN¥63.4MCN¥64.2MCN¥141MCN¥205MCN¥249M
Total debtCN¥23.7BCN¥25.3BCN¥26.2BCN¥26.7BCN¥28.2B

Quarterly statements and history in the cockpit →

Beijing North Star 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%-10%0%600743BASS012630HEM002146002285000036300917Z25IBULLSLTDYZBLSCHSTMAHLIFE60079060034093470005580008638892601588.SS6-month return →1-month return →
Up and to the right = strong over both horizons. Beijing North Star is the large dot.

Fundamentals: return on equity against price-to-book

-100%-50%0%00×2.50×50×7.50×600743BASS012630HEM002146002285300917Z25IBULLSLTDSCHST000558000863601588.SSReturn on equity →Price / book →
A bank or insurer earning more on its equity usually trades at a higher multiple of book; points far above the trend are priced for more. Beijing North Star is the large dot.

Capital: ROE delivered against the ROE the price implies

-100%-50%0%50%-100%-50%0%50%600743BASS012630HEM002146002285300917Z25MAHLIFE000863601588.SSROE delivered →ROE the price implies →
Above the diagonal = the price asks for a higher return on equity than the business earns today. Beijing North Star is the large dot.

Beijing North Star competitors and peer comparison

How Beijing North Star 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.

Beijing North Star against its 20 peers (data as of 6 Nov 2026)
Measure601588.SSPeer medianRank in peer set
1-month return-12.8%-9.1%8th lowest of 21
6-month return-21.5%-18.9%8th lowest of 21
Return on equity-31.8%7.2%2nd lowest of 20
Price / book0.97×1.15×8th cheapest of 20
ROE the price implies8.5%8.2%10th least demanding of 19
ROE delivered-31.8%5.0%2nd lowest of 19

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthROEPrice / bookImplied ROEDelivered ROE
Beijing North Star 601588.SSChina$683M-22%-12%-32%0.97×8.5%-31.8%
Beijing Huayuan Xinhang 600743.SSChina$679M-22%-77%-17%8.45×63.0%-16.7%
Bassac BASS.PAFrance$679M-19%+16%12%0.68×6.6%12.3%
HDC 012630.KSSouth Korea$676M-29%-10%15%0.31×3.8%14.8%
Hemnet HEM.STSweden$691M-31%-18%36%8.32×41.1%36.4%
RiseSun Real Estate Development 002146.SZChina$691M-21%-48%-98%1.06×11.8%-97.7%
Shenzhen WorldUnion 002285.SZChina$693M-25%-22%-25%2.16×17.2%-25.4%
China Union 000036.SZChina$693M-41%+80%1%0.86×7.9%1.2%
Shenzhen SDG Service 300917.SZChina$695M-19%+7%11%3.73×54.2%10.6%
Yanlord Land Z25.SISingapore$696M-40%-55%-1%0.14×2.7%-0.8%
Indiabulls IBULLSLTD.NSIndia$704M+48%+86%20%2.14×43.8%n/a
Zambal Spain SOCIMI YZBL.MCSpain$663M-1%+1%3%0.77×5.0%2.9%
Nordeste Properties Socimi SCHST.MCSpain$661M-2%+9%10%2.10×8.5%10.4%
Mahindra Lifespace Developers MAHLIFE.NSIndia$706M-10%+839%8%1.82×25.4%8.5%
Zhejiang China Light & Textile Industrial City 600790.SSChina$660M-23%-9%3%0.72×4.4%2.9%
China Fortune Land Development 600340.SSChina$660M-12%-43%n/an/an/an/a
NIPPON KANZAI 9347.TJapan$714M+4%+7%10%1.43×5.4%10.5%
Fundamenta Real Estate FREN.SWSwitzerland$716M-1%+3%7%0.96×n/a7.2%
Chengdu New Tianfu Culture Tourism Development 000558.SZChina$650M-21%+8%-3%4.26×21.3%-3.0%
Sanxiang Impression 000863.SZChina$722M-16%+48%-4%1.11×7.3%-3.9%
ES-CON JAPAN 8892.TJapan$641M-10%+34%19%1.15×5.1%18.6%

Questions

Which companies are Beijing North Star's closest peers?
The cockpit's peer set: Beijing Huayuan Xinhang (600743.SS), Bassac (BASS.PA), HDC (012630.KS), Hemnet (HEM.ST), RiseSun Real Estate Development (002146.SZ), Shenzhen WorldUnion (002285.SZ), China Union (000036.SZ), Shenzhen SDG Service (300917.SZ).
Is Beijing North Star expensive compared with its peers?
On price / book it trades at 0.97× against a peer median of 1.15×, 8th cheapest of 20 in its peer set. The share price implies a return on equity of about 8.5%; Beijing North Star delivers -31.8%, so the price asks more than the business earns today.
How has Beijing North Star stock performed?
Over six months to 6 Nov 2026 the shares returned -21.5% against -18.9% for the median peer; over one year -25.2%.

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.