Which companies are Ningbo Construction's closest peers?

The cockpit's peer set: Shenzhen Tagen (000090.SZ), Costain (COST.L), GR Engineering Services (GNG.AX), Taihei Dengyo Kaisha (1968.T), I.CO.P (ICOP.MI), GRK Infra (GRK.HE), Shanghai Urban Architecture Design (300983.SZ), Next Geosolutions Europe (NXT.MI).

Is Ningbo Construction expensive compared with its peers?

On ev / sales it trades at 0.6× against a peer median of 1.6×, 4th cheapest of 21 in its peer set.

How has Ningbo Construction stock performed?

Over six months to 6 Nov 2026 the shares returned -34.3% against -5.3% for the median peer; over one year -29.2%.

← CockpitCompetitor Analysis › 601789.SS Ningbo Construction Co., Ltd. Class AOpen in the cockpit ↗

Ningbo Construction Co., Ltd. Class A601789.SSCompetitor analysis, valuation and peers

China · CNY·Industrials›Engineering & Construction

Momentum weak 25

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$885M

US dollars, full cap

Free float

100%

of shares outstanding

$/day

$11.6M

20-day average traded

Fwd P/E

n/m

no positive forecast

ROIC−WACC

-2.1 pp

WACC 5.0%

Hurdle

n/a

no reverse DCF

Close · CNYCN¥3.87

1D-1.3%

1W+2.6%

1M-7.4%

3M-12.6%

6M-34.3%

YTD-22.4%

1Y-29.2%

ATR %2.7%

52w lowhigh51.6% off high

What Ningbo Construction does

Employees: 4,889

Ningbo Construction at a glance

Size Ningbo Construction (601789.SS) is a China Industrials company (Engineering & Construction) with a market value of $885M, the 2549th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥3.87 on 6 Nov 2026.

Performance Over six months the shares fell 34.3%, against -5.3% for the median peer and -16.4% for the China market (cap-weighted) — 4th lowest of 21 in its peer set.

Growth Revenue grew 9.5% over the last twelve months (peer median +3.0%); the operating margin is 1.8% (peer median 7.0%).

Valuation It trades at 0.6× enterprise value to sales against a peer median of 1.6× (4th cheapest of 21).

Capital Return on invested capital runs 2.1 points below its cost of capital (5.0% WACC).

Relative performance

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

Ningbo Construction financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	CN¥22.2B	CN¥21.4B	CN¥21.0B	CN¥22.6B	CN¥21.8B
Revenue growth	—	+2%	-7%	+4%	—
Gross profit	CN¥2.02B	CN¥1.85B	CN¥1.88B	CN¥1.90B	CN¥1.67B
EBITDA	n/a	CN¥668M	CN¥712M	CN¥658M	CN¥685M
Net income	CN¥334M	CN¥236M	CN¥308M	CN¥329M	CN¥349M
Free cash flow	-CN¥706M	-CN¥229M	-CN¥72.7M	CN¥1.03B	CN¥853M
Capital expenditure	CN¥78.0M	CN¥40.1M	CN¥117M	CN¥125M	CN¥160M
Total debt	CN¥12.1B	CN¥9.65B	CN¥8.73B	CN¥7.49B	CN¥5.51B

Quarterly statements and history in the cockpit →

Ningbo Construction 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. Ningbo Construction is the large dot.

Fundamentals: revenue growth against valuation

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

Ningbo Construction competitors and peer comparison

How Ningbo Construction 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.

Ningbo Construction against its 20 peers (data as of 6 Nov 2026)
Measure	601789.SS	Peer median	Rank in peer set
1-month return	-7.4%	-6.6%	10th lowest of 21
6-month return	-34.3%	-5.3%	4th lowest of 21
Distance from 52-week high	-51.6%	-31.5%	5th lowest of 21
Revenue growth (TTM)	+9.5%	+3.0%	8th highest of 21
Operating margin	1.8%	7.0%	5th lowest of 21
EV / Sales	0.6×	1.6×	4th cheapest of 21
ROIC minus cost of capital	-2.1 pp	-0.8 pp	9th lowest of 18

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
Ningbo Construction 601789.SS	China	$885M	-34%	+10%	2%	0.6×	n/a	n/a
Shenzhen Tagen 000090.SZ	China	$883M	-11%	+1%	0%	0.8×	13.8%	+5.6%
Costain COST.L	United Kingdom	$890M	+30%	-6%	5%	0.5×	0.1%	+1.3%
GR Engineering Services GNG.AX	Australia	$891M	+40%	+3%	11%	2.5×	14.9%	+4.7%
Taihei Dengyo Kaisha 1968.T	Japan	$899M	-22%	+19%	11%	0.9×	n/a	n/a
I.CO.P ICOP.MI	Italy	$901M	-6%	+138%	11%	2.4×	n/a	n/a
GRK Infra GRK.HE	Finland	$903M	+30%	-7%	8%	0.8×	-1.5%	+24.6%
Shanghai Urban Architecture Design 300983.SZ	China	$866M	+5%	-7%	-58%	29.5×	n/a	n/a
Next Geosolutions Europe NXT.MI	Italy	$861M	+22%	+68%	17%	2.4×	n/a	n/a
Beijing New Space Technology 605178.SS	China	$861M	-18%	0%	-51%	16.8×	n/a	n/a
Xinjiang Beixin Road & Bridge 002307.SZ	China	$861M	-19%	-22%	8%	4.5×	n/a	n/a
Shanghai Geoharbour Construction 605598.SS	China	$913M	-48%	+9%	-3%	3.5×	n/a	n/a
Hubei Chutian Smart Communication 600035.SS	China	$918M	-1%	+34%	9%	2.5×	n/a	n/a
China Nerin Engineering 603257.SS	China	$851M	-21%	-21%	10%	2.0×	15.4%	+5.6%
LS Marine Solution 060370.KS	South Korea	$924M	-35%	+21%	6%	4.5×	n/a	n/a
Sentia SNTIA.OL	Norway	$924M	+8%	+15%	5%	0.4×	-11.1%	+4.2%
Galliford Try GFRD.L	United Kingdom	$925M	+31%	+3%	3%	0.2×	-0.8%	+11.4%
Raito Kogyo 1926.T	Japan	$928M	-5%	+9%	13%	0.9×	-8.0%	+5.2%
Afcons Infrastructure AFCONS.NS	India	$841M	-36%	-15%	4%	1.1×	n/a	n/a
Totetsu Kogyo 1835.T	Japan	$841M	-30%	0%	11%	0.7×	-11.6%	+4.2%
YIT YIT.HE	Finland	$938M	+45%	+10%	3%	0.8×	12.8%	-10.6%

Questions

Which companies are Ningbo Construction's closest peers?: The cockpit's peer set: Shenzhen Tagen (000090.SZ), Costain (COST.L), GR Engineering Services (GNG.AX), Taihei Dengyo Kaisha (1968.T), I.CO.P (ICOP.MI), GRK Infra (GRK.HE), Shanghai Urban Architecture Design (300983.SZ), Next Geosolutions Europe (NXT.MI).
Is Ningbo Construction expensive compared with its peers?: On ev / sales it trades at 0.6× against a peer median of 1.6×, 4th cheapest of 21 in its peer set.
How has Ningbo Construction stock performed?: Over six months to 6 Nov 2026 the shares returned -34.3% against -5.3% for the median peer; over one year -29.2%.