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← CockpitCompetitor Analysis › 603278.SS Shandong Daye Co., Ltd. Class AOpen in the cockpit ↗

Shandong Daye Co., Ltd. Class A603278.SSCompetitor analysis, valuation and peers

China · CNY·Industrials›Metal Fabrication
Momentum leader 99
Mkt cap
$689M
US dollars, full cap
Free float
80%
of shares outstanding
$/day
$146M
20-day average traded
Fwd P/E
13.7×
forward earnings
ROIC−WACC
-2.3 pp
WACC 5.0%
Hurdle
n/a
no reverse DCF
Next earnings
174 days
29 Apr 2027
Close · CNYCN¥13.57
1D-10.0%
1W-30.5%
1M+32.9%
3M+45.9%
6M+21.2%
YTD-20.4%
1Y+32.5%
ATR %8.5%
52w lowhigh31.0% off high

What Shandong Daye does

Employees: 4,334

Shandong Daye at a glance

Size Shandong Daye (603278.SS) is a China Industrials company (Metal Fabrication) with a market value of $689M, the 3093rd largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥13.57 on 6 Nov 2026.

Performance Over six months the shares gained 21.2%, against -23.5% for the median peer and -16.4% for the China market (cap-weighted) — 4th highest of 21 in its peer set.

Growth Revenue was unchanged over the last twelve months (peer median +14.4%); the operating margin is -0.5% (peer median 8.6%).

Valuation It trades at 13.7× forward earnings against a peer median of 24.5× (3rd cheapest of 15).

Capital Return on invested capital runs 2.3 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

10015011 May 202611 Aug 20266 Nov 2026603278.SS 110Peer median 77
Six months, rebased to 100: Shandong Daye against the median of its 20 peers (local-currency closes).

Shandong Daye financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥5.02BCN¥5.01BCN¥5.09BCN¥5.54BCN¥5.20B
Revenue growth—-2%-8%+6%—
Gross profitCN¥517MCN¥275MCN¥117MCN¥413MCN¥80.0M
EBITDAn/aCN¥354MCN¥175MCN¥487MCN¥114M
Net income-CN¥153M-CN¥13.5M-CN¥170MCN¥95.9M-CN¥255M
Free cash flow-CN¥702M-CN¥296M-CN¥109MCN¥345M-CN¥313M
Capital expenditureCN¥409MCN¥184MCN¥600MCN¥183MCN¥219M
Total debtCN¥5.36BCN¥4.88BCN¥4.23BCN¥3.45BCN¥4.13B

Quarterly statements and history in the cockpit →

Shandong Daye 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

-50%-25%0%+25%-20%0%+20%301004002685SKIPPER601002VARV6474TIIL300963301141SKFINDIA6584PKOHAKVA002846OMNI3013262476ELMT603278.SS6-month return →1-month return →
Up and to the right = strong over both horizons. Shandong Daye is the large dot.

Fundamentals: revenue growth against valuation

-50%-25%0%+25%+50%20×40×301004SKIPPERVARV6474SKFINDIA6584301268PKOHAKVA002846OMNI301326ELMT603278.SSRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Shandong Daye is the large dot.

Shandong Daye competitors and peer comparison

How Shandong Daye 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.

Shandong Daye against its 20 peers (data as of 6 Nov 2026)
Measure603278.SSPeer medianRank in peer set
1-month return+32.9%-8.4%highest of 21
6-month return+21.2%-23.5%4th highest of 21
Distance from 52-week high-31.0%-36.0%9th highest of 21
Revenue growth (TTM)0.0%+14.4%3rd lowest of 21
Operating margin-0.5%8.6%3rd lowest of 21
Forward P/E13.7×24.5×3rd cheapest of 15
ROIC minus cost of capital-2.3 pp+1.2 pp8th lowest of 21

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
Shandong Daye 603278.SSChina$689M+21%0%0%13.7×n/an/a
Zhejiang Cayi Vacuum Container 301004.SZChina$688M-28%-23%16%13.6×-8.0%+45.9%
Wuxi Huadong Heavy Machinery 002685.SZChina$698M-50%+33%10%n/an/an/a
Skipper SKIPPER.NSIndia$669M+7%+17%9%21.7×n/an/a
Gem-Year Industrial 601002.SSChina$668M-25%+5%14%n/a-7.5%-1.5%
SBE-Varvit VARV.MIItaly$663M-7%+11%12%15.1×-0.9%-4.6%
Nachi-Fujikoshi 6474.TJapan$723M-6%+8%5%16.0×1.7%+3.2%
Technocraft Industries (India) TIIL.NSIndia$655M+9%+12%14%16.0×18.5%+16.3%
Shanghai Zhongzhou Special Alloy Materials 300963.SZChina$651M-44%+1%8%n/an/an/a
Zhejiang Zhongke Magnetic Industry 301141.SZChina$638M-35%+22%1%n/an/an/a
Yangzhou Seashine New Materials 300885.SZChina$637M-40%+39%22%n/a24.7%+4.3%
SKF India SKFINDIA.NSIndia$747M-18%-53%8%27.3×32.5%+7.1%
Nan Juen International 6584.TWOTaiwan$633M-59%+44%27%15.9×n/an/a
Shenzhen Minglida Precision Technology 301268.SZChina$630M-53%+26%-5%28.9×40.9%+18.4%
Park-Ohio PKOHUnited States$629M+41%+3%5%11.8×8.6%+4.3%
AKVA AKVA.OLNorway$618M+18%+14%7%28.0×3.7%+6.7%
Guangdong Enpack Packaging 002846.SZChina$609M-37%+20%3%53.7×18.4%+11.4%
Omnitech Engineering OMNI.NSIndia$785M+40%+49%23%55.4×n/an/a
J.Pond Precision Technology 301326.SZChina$791M-60%+15%-6%39.7×n/an/a
G-SHANK Enterprise 2476.TWTaiwan$599M-22%+24%19%n/a-0.1%+9.3%
Elmet ELMTUnited States$598M+28%+6%6%40.9×21.9%+5.9%

Questions

Which companies are Shandong Daye's closest peers?
The cockpit's peer set: Zhejiang Cayi Vacuum Container (301004.SZ), Wuxi Huadong Heavy Machinery (002685.SZ), Skipper (SKIPPER.NS), Gem-Year Industrial (601002.SS), SBE-Varvit (VARV.MI), Nachi-Fujikoshi (6474.T), Technocraft Industries (India) (TIIL.NS), Shanghai Zhongzhou Special Alloy Materials (300963.SZ).
Is Shandong Daye expensive compared with its peers?
On forward p/e it trades at 13.7× against a peer median of 24.5×, 3rd cheapest of 15 in its peer set.
How has Shandong Daye stock performed?
Over six months to 6 Nov 2026 the shares returned +21.2% against -23.5% for the median peer; over one year +32.5%.

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.