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Digital news arm of the People's Daily, operating China's leading state-media online news portal.
Digital news arm of the People's Daily, operating China's leading state-media online news portal.
Earns from advertising and from selling content, communications and technology services to government bodies and companies, as well as from its news portal. People's Daily, the Communist Party's flagship newspaper, controls it.
In one line: A state-owned Chinese analogue to a wire-service digital portal.
Moat: narrow (brand, regulatory licence). Backed by People's Daily brand and licensed as an official state news outlet.
Headquarters: Beijing, China · Employees: 3,046
Size People.cn (603000.SS) is a China Information Technology company (Internet Software/Services) with a market value of $2.69B, the 959th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥16.22 on 6 Nov 2026.
Performance Over six months the shares fell 14.5%, against +6.5% for the median peer and -16.4% for the China market (cap-weighted) — 6th lowest of 21 in its peer set.
Growth Revenue grew 0.2% over the last twelve months (peer median +8.6%); the operating margin is 12.2% (peer median 10.5%).
Valuation It trades at 77.2× forward earnings against a peer median of 35.1× (2nd most expensive of 19).
Price implies For today's price to make sense, revenue must grow about 29% a year for seven years (Req g). Recent delivered growth is 0%, so the hurdle is +29 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 2.8 points above its cost of capital (9.1% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥2.04B | CN¥2.05B | CN¥2.06B | CN¥2.11B | CN¥1.97B |
| Revenue growth | — | -1% | -2% | +7% | — |
| Gross profit | CN¥1.07B | CN¥936M | CN¥960M | CN¥1.01B | CN¥936M |
| EBITDA | n/a | CN¥408M | CN¥382M | CN¥408M | CN¥365M |
| Net income | CN¥219M | CN¥213M | CN¥209M | CN¥331M | CN¥311M |
| Free cash flow | CN¥405M | CN¥434M | CN¥303M | CN¥477M | CN¥433M |
| Capital expenditure | CN¥45.9M | CN¥44.2M | CN¥49.2M | CN¥37.9M | CN¥36.2M |
| Total debt | CN¥343M | CN¥101M | CN¥196M | CN¥197M | CN¥317M |
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 |
|---|---|---|---|---|---|---|
| People.cn 603000.SS | $2.69B | -15% | 0% | 12% | 77.2× | 28.6% |
| XinhuaNet 603888.SS | $1.89B | -7% | -1% | 8% | n/a | 22.6% |
| Shanghai Great Wisdom 601519.SS | $2.49B | -18% | +6% | -8% | n/a | n/a |
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 | 603000.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +0.8% | +2.3% | 10th lowest of 21 |
| 6-month return | -14.5% | +6.5% | 6th lowest of 21 |
| Distance from 52-week high | -47.4% | -23.1% | 3rd lowest of 21 |
| Revenue growth (TTM) | +0.2% | +8.6% | 5th lowest of 21 |
| Operating margin | 12.2% | 10.5% | 10th highest of 21 |
| Forward P/E | 77.2× | 35.1× | 2nd most expensive of 19 |
| Growth the price implies (Req g, 7 yrs) | 28.6% | 18.9% | 5th most demanding of 14 |
| Growth delivered (Del g) | -0.4% | +11.1% | 4th lowest of 14 |
| Hurdle (Req g minus delivered) | +29.0 pp | +8.9 pp | 2nd most demanding of 14 |
| ROIC minus cost of capital | +2.8 pp | -1.6 pp | 4th highest of 14 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| People.cn 603000.SS | China | $2.69B | -15% | 0% | 12% | 77.2× | 28.6% | -0.4% |
| Aditya Birla Sun Life Amc ABSLAMC.NS | India | $2.68B | -19% | +4% | 60% | 23.9× | n/a | n/a |
| Youdao, Inc. Sponsored ADR DAO | United States | $2.50B | +59% | +10% | 4% | 59.4× | 33.6% | +17.6% |
| Shanghai Great Wisdom 601519.SS | China | $2.49B | -18% | +6% | -8% | n/a | n/a | n/a |
| Winning Health Technology 300253.SZ | China | $2.31B | -19% | +6% | -20% | 351.5× | 18.9% | -1.4% |
| People PPLI | United States | $3.16B | -4% | -29% | 2% | 38.9× | 36.5% | -2.8% |
| Crisil CRISIL.NS | India | $3.40B | +6% | +24% | 26% | 35.0× | n/a | n/a |
| Seek SEK.AX | Australia | $3.59B | +8% | +17% | 24% | 25.8× | 17.7% | +11.1% |
| SMG Swiss Marketplace SMG.SW | Switzerland | $3.77B | +7% | +13% | 35% | 23.9× | 5.8% | +12.4% |
| XinhuaNet 603888.SS | China | $1.89B | -7% | -1% | 8% | n/a | 22.6% | +9.3% |
| TBO Tek TBOTEK.NS | India | $1.80B | +24% | +74% | 11% | 41.6× | n/a | n/a |
| Ziff Davis ZD | United States | $1.70B | +21% | -8% | 10% | 8.9× | -10.6% | +4.6% |
| AUTO1 AG1.DE | Germany | $4.34B | -14% | +21% | 1% | 29.2× | n/a | n/a |
| Weibo 9898.HK | Hong Kong | $1.58B | -24% | +2% | 25% | 5.2× | n/a | n/a |
| PB Fintech POLICYBZR.NS | India | $4.74B | -43% | +37% | 7% | 41.0× | n/a | n/a |
| Mony MONY.L | United Kingdom | $1.42B | +21% | +2% | 26% | 11.1× | -0.7% | +5.3% |
| Vend Marketplaces VEND.OL | Norway | $5.11B | -4% | -14% | 29% | 35.2× | 10.7% | -13.2% |
| Braze BRZE | United States | $5.20B | +111% | +27% | -13% | 57.1× | 27.9% | +37.5% |
| CarTrade Tech CARTRADE.NS | India | $1.39B | +40% | +16% | 30% | 47.7× | 34.5% | +25.6% |
| Trustpilot TRST.L | United Kingdom | $1.36B | +12% | +19% | 5% | 52.4× | 32.7% | +20.0% |
| Rightmove RMV.L | United Kingdom | $5.38B | +35% | +7% | 66% | 18.1× | 11.6% | +15.6% |