Loading…
Employees: 1,272
Size Jiangsu United Water Technology (603291.SS) is a China Utilities company (Water Utilities) with a market value of $476M, the 3967th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥7.50 on 6 Nov 2026.
Performance Over six months the shares fell 34.5%, against -16.9% for the median peer and -16.4% for the China market (cap-weighted) — lowest of 15 in its peer set.
Growth Revenue fell 12.8% over the last twelve months (peer median +6.2%); the operating margin is 10.8% (peer median 21.3%).
Valuation It trades at 16.0× forward earnings against a peer median of 15.9× (5th cheapest of 9).
Price implies For today's price to make sense, revenue must grow about -1% a year for seven years (Req g). Recent delivered growth is +7%, so the hurdle is -7 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 2.4 points above its cost of capital (5.0% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥1.01B | CN¥1.10B | CN¥1.14B | CN¥1.12B | CN¥1.15B |
| Revenue growth | — | -3% | +1% | -2% | — |
| Gross profit | CN¥493M | CN¥339M | CN¥347M | CN¥382M | CN¥356M |
| EBITDA | n/a | CN¥313M | CN¥372M | CN¥377M | CN¥367M |
| Net income | CN¥89.6M | CN¥101M | CN¥150M | CN¥159M | CN¥130M |
| Free cash flow | CN¥185M | CN¥9.66M | CN¥19.6M | CN¥45.3M | -CN¥6.08M |
| Capital expenditure | CN¥170M | CN¥203M | CN¥265M | CN¥305M | CN¥277M |
| Total debt | CN¥974M | CN¥1.00B | CN¥891M | CN¥813M | CN¥980M |
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.
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 | 603291.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -13.9% | -5.9% | 3rd lowest of 15 |
| 6-month return | -34.5% | -16.9% | lowest of 15 |
| Distance from 52-week high | -42.2% | -27.8% | 4th lowest of 15 |
| Revenue growth (TTM) | -12.8% | +6.2% | lowest of 15 |
| Operating margin | 10.8% | 21.3% | 3rd lowest of 15 |
| Forward P/E | 16.0× | 15.9× | 5th cheapest of 9 |
| Growth the price implies (Req g, 7 yrs) | -0.5% | -1.1% | 3rd most demanding of 7 |
| Growth delivered (Del g) | +6.9% | +10.0% | 3rd lowest of 7 |
| Hurdle (Req g minus delivered) | -7.4 pp | -9.3 pp | 2nd most demanding of 7 |
| ROIC minus cost of capital | +2.4 pp | +0.8 pp | 4th highest of 14 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Jiangsu United Water Technology 603291.SS | China | $476M | -35% | -13% | 11% | 16.0× | -0.5% | +6.9% |
| Consolidated Water CWCO | United States | $436M | -17% | -1% | 12% | 19.4× | 4.5% | +12.7% |
| York Water YORW | United States | $529M | +10% | +9% | 37% | 20.1× | n/a | n/a |
| Haitian Water 603759.SS | China | $535M | -17% | +112% | 5% | n/a | n/a | n/a |
| Guangxi Nanning Waterworks 601368.SS | China | $601M | -9% | 0% | 22% | n/a | n/a | n/a |
| Qianjiang Water Resources Development 600283.SS | China | $627M | -19% | +7% | 11% | 16.9× | n/a | n/a |
| Artesian Resources ARTNA | United States | $357M | +7% | +6% | 32% | 14.8× | n/a | n/a |
| Wuhan Xianglong Power Industry 600769.SS | China | $687M | -24% | +4% | 20% | n/a | n/a | n/a |
| Kuo Toong International 8936.TWO | Taiwan | $303M | -22% | +27% | 21% | 8.6× | -8.1% | +11.2% |
| Jiangsu Jiangnan Water 601199.SS | China | $763M | +2% | -4% | 12% | n/a | -1.5% | +8.9% |
| China Water Affairs 0855.HK | Hong Kong | $823M | -22% | -11% | 25% | 5.8× | -0.6% | 0.0% |
| Guangdong Shunkong Development 003039.SZ | China | $1.12B | -16% | +6% | 25% | n/a | 4.3% | +12.5% |
| Middlesex Water MSEX | United States | $1.15B | +16% | +9% | 31% | 21.7× | n/a | n/a |
| Indium Target Advanced Materials (Harbin) 000711.SZ | China | $1.54B | -27% | +46% | -4% | n/a | n/a | n/a |
| Jiangxi Hongcheng Environment 600461.SS | China | $1.69B | -17% | -11% | 24% | 9.1× | -10.2% | +2.6% |