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Sichuan-based publisher and distributor of textbooks and books, with retail stores, online sales and school education services.
Sichuan-based publisher and distributor of textbooks and books, with retail stores, online sales and school education services.
Supplies textbooks and study materials to schools through centralised purchasing, which together with its own publishing carries the business; books are also sold through its stores, group buying and online. Sichuan Xinhua Publishing and Distribution Group is the controlling shareholder, and the shares are also listed in Hong Kong.
Moat: narrow (regulatory licence, distribution). Publishing licences and the province's textbook distribution network; digital reading and online retail erode the print book business.
Headquarters: Chengdu, China · Employees: 7,354
Size Xinhua Winshare Publishing & Media (601811.SS) is a China Industrials company (Wholesale Distributors) with a market value of $2.52B, the 1025th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥17.15 on 6 Nov 2026.
Performance Over six months the shares gained 26.2%, against +3.7% for the median peer and -16.4% for the China market (cap-weighted) — 4th highest of 21 in its peer set.
Growth Revenue fell 3.7% over the last twelve months (peer median +7.9%); the operating margin is 7.1% (peer median 5.1%).
Valuation It trades at 15.2× forward earnings against a peer median of 14.9× (10th cheapest of 19).
Price implies For today's price to make sense, revenue must grow about -11% a year for seven years (Req g). Recent delivered growth is +5%, so the hurdle is -17 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 4.2 points above its cost of capital (5.0% WACC).
Next results Next results expected around 30 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥11.3B | CN¥11.7B | CN¥12.3B | CN¥11.9B | CN¥10.9B |
| Revenue growth | — | -5% | +4% | +9% | — |
| Gross profit | CN¥3.84B | CN¥3.90B | CN¥4.25B | CN¥4.24B | CN¥3.73B |
| EBITDA | n/a | CN¥1.39B | CN¥1.61B | CN¥1.65B | CN¥1.52B |
| Net income | CN¥1.46B | CN¥1.57B | CN¥1.54B | CN¥1.58B | CN¥1.40B |
| Free cash flow | CN¥1.58B | CN¥1.44B | CN¥1.82B | CN¥2.29B | CN¥1.92B |
| Capital expenditure | CN¥152M | CN¥179M | CN¥151M | CN¥180M | CN¥217M |
| Total debt | CN¥332M | CN¥357M | CN¥271M | CN¥372M | CN¥454M |
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.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Xinhua Winshare Publishing & Media 601811.SS | $2.52B | +26% | -4% | 7% | 15.2× | -11.4% |
| China South Publishing & Media 601098.SS | $3.11B | +2% | -1% | 11% | 13.6× | -20.2% |
| Jiangsu Phoenix Publishing & Media 601928.SS | $3.60B | 0% | -13% | 7% | 15.4× | -7.9% |
| Zhejiang Publishing & Media 601921.SS | $2.71B | +7% | -7% | 10% | 14.0× | -12.6% |
| Anhui Xinhua Media 601801.SS | $1.72B | -3% | -16% | 4% | 13.6× | n/a |
| Chinese Universe Publishing & Media 600373.SS | $1.57B | -6% | -5% | -4% | 26.0× | n/a |
| Changjiang Publishing & Media 600757.SS | $1.67B | +6% | -3% | 11% | 9.9× | -9.5% |
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.
| Measure | 601811.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -9.8% | -5.0% | 7th lowest of 21 |
| 6-month return | +26.2% | +3.7% | 4th highest of 21 |
| Distance from 52-week high | -39.0% | -20.7% | 5th lowest of 21 |
| Revenue growth (TTM) | -3.7% | +7.9% | 2nd lowest of 21 |
| Operating margin | 7.1% | 5.1% | 8th highest of 21 |
| Forward P/E | 15.2× | 14.9× | 10th cheapest of 19 |
| Growth the price implies (Req g, 7 yrs) | -11.4% | 6.6% | least demanding of 20 |
| Growth delivered (Del g) | +5.4% | +8.8% | 8th lowest of 20 |
| Hurdle (Req g minus delivered) | -16.8 pp | -1.9 pp | 3rd least demanding of 20 |
| ROIC minus cost of capital | +4.2 pp | +0.8 pp | 5th highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Xinhua Winshare Publishing & Media 601811.SS | China | $2.52B | +26% | -4% | 7% | 15.2× | -11.4% | +5.4% |
| Bufab BUFAB.ST | Sweden | $2.55B | +16% | +8% | 13% | 29.2× | 18.7% | +11.2% |
| Workman 7564.T | Japan | $2.57B | -31% | +21% | 19% | 17.1× | 4.6% | +8.7% |
| Boise Cascade BCC | United States | $2.44B | -1% | +1% | 3% | 24.1× | 7.7% | +3.2% |
| DNOW DNOW | United States | $2.40B | +2% | +70% | -3% | 23.6× | 9.8% | +11.7% |
| OEM International OEM-B.ST | Sweden | $2.34B | +11% | +11% | 15% | 29.9× | 14.6% | +10.1% |
| IWATANI 8088.T | Japan | $2.73B | -4% | +5% | 5% | 7.6× | 4.3% | +10.1% |
| Hanwa 8078.T | Japan | $2.29B | +7% | +6% | 2% | 7.8× | -4.2% | +8.8% |
| Marco Polo 001386.SZ | China | $2.80B | -15% | -12% | 21% | n/a | -7.2% | -5.5% |
| Jiangsu Azure 002245.SZ | China | $2.82B | -21% | +27% | 12% | 14.6× | 11.8% | +13.8% |
| Inchcape INCH.L | United Kingdom | $2.87B | -21% | +7% | 6% | 7.5× | -6.0% | +5.9% |
| DXP Enterprises DXPE | United States | $2.18B | -10% | +11% | 9% | 20.7× | 6.6% | +14.9% |
| Nagase & 8012.T | Japan | $2.96B | -9% | +8% | 5% | 10.9× | 3.5% | +3.2% |
| Russel Metals RUS.TO | Canada | $2.98B | +36% | +18% | 5% | 14.4× | 8.7% | +11.5% |
| Shanghai Xinhua Media 600825.SS | China | $2.03B | +118% | +1% | -1% | n/a | 44.5% | +2.3% |
| Currys CURY.L | United Kingdom | $1.97B | +16% | +6% | 2% | 10.4× | 4.3% | -2.2% |
| Macnica 3132.T | Japan | $3.23B | +8% | +35% | 4% | 11.8× | n/a | n/a |
| BIC Cameras 3048.T | Japan | $1.94B | +10% | +7% | 4% | 15.2× | -8.2% | +4.5% |
| Dalrymple Bay Infrastructure DBI.AX | Australia | $1.92B | +6% | +11% | 29% | 26.2× | 7.8% | +104.8% |
| ARE 5857.T | Japan | $1.89B | +1% | +38% | 7% | 9.3× | 2.0% | +29.4% |
| Travis Perkins TPK.L | United Kingdom | $1.86B | +28% | 0% | 3% | 23.2× | 8.5% | +4.3% |