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← CockpitCompetitor Analysis › 603318.SS Shuifa Gas Co., Ltd. Class AOpen in the cockpit ↗

Shuifa Gas Co., Ltd. Class A603318.SSCompetitor analysis, valuation and peers

China · CNY·Industrials›Industrial Machinery
Momentum laggard 17
Mkt cap
$656M
US dollars, full cap
Free float
70%
of shares outstanding
$/day
$29.7M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
-2.6 pp
WACC 7.7%
Hurdle
n/a
no reverse DCF
Close · CNYCN¥7.89
1D+0.1%
1W+1.3%
1M-13.2%
3M-7.8%
6M-44.7%
YTD+17.8%
1Y+13.4%
ATR %4.9%
52w lowhigh47.8% off high

What Shuifa Gas does

Employees: 830

Shuifa Gas at a glance

Size Shuifa Gas (603318.SS) is a China Industrials company (Industrial Machinery) with a market value of $656M, the 3227th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥7.89 on 6 Nov 2026.

Performance Over six months the shares fell 44.7%, against -29.3% for the median peer and -16.4% for the China market (cap-weighted) — 4th lowest of 20 in its peer set.

Growth Revenue fell 3.6% over the last twelve months (peer median +9.0%); the operating margin is 10.6% (peer median 7.4%).

Valuation It trades at 2.4× enterprise value to sales against a peer median of 2.2× (11th cheapest of 21).

Capital Return on invested capital runs 2.6 points below its cost of capital (7.7% WACC).

Relative performance

608010011 May 202611 Aug 20266 Nov 2026Peer median 72603318.SS 54
Six months, rebased to 100: Shuifa Gas against the median of its 20 peers (local-currency closes).

Shuifa Gas financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥2.48BCN¥2.54BCN¥2.59BCN¥3.26BCN¥3.46B
Revenue growth—-2%-21%-6%—
Gross profitCN¥377MCN¥367MCN¥440MCN¥482MCN¥502M
EBITDACN¥380MCN¥332MCN¥359MCN¥405MCN¥399M
Net incomeCN¥22.6M-CN¥78.8MCN¥103MCN¥80.5MCN¥53.5M
Free cash flow-CN¥62.6MCN¥16.7MCN¥230MCN¥139MCN¥258M
Capital expenditureCN¥186MCN¥163MCN¥77.8MCN¥70.4MCN¥120M
Total debtCN¥1.66BCN¥1.95BCN¥1.60BCN¥2.07BCN¥1.81B

Quarterly statements and history in the cockpit →

Shuifa Gas 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

-60%-40%-20%0%+20%-40%-20%0%00082100202645855475KRN3002933376000404571530062968810134453004414216AEROFLEX30100830047127225943603318.SS6-month return →1-month return →
Up and to the right = strong over both horizons. Shuifa Gas is the large dot.

Fundamentals: revenue growth against valuation

-25%0%+25%+50%+75%0×5×10×30167700082100202645855475KRN300293337600040457153006296881013445300441AEROFLEX30100830047127225943603318.SSRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Shuifa Gas is the large dot.

Shuifa Gas competitors and peer comparison

How Shuifa Gas 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.

Shuifa Gas against its 20 peers (data as of 6 Nov 2026)
Measure603318.SSPeer medianRank in peer set
1-month return-13.2%-11.1%11th highest of 21
6-month return-44.7%-29.3%4th lowest of 20
Distance from 52-week high-47.8%-45.5%10th lowest of 21
Revenue growth (TTM)-3.6%+9.0%5th lowest of 21
Operating margin10.6%7.4%9th highest of 21
EV / Sales2.4×2.2×11th cheapest of 21
ROIC minus cost of capital-2.6 pp-3.2 pp9th highest of 21
EV / EBITDA15.6×10.6×3rd most expensive of 7
Net debt / EBITDA2.9×-0.2×3rd most indebted of 10

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Shuifa Gas 603318.SSChina$656M-45%-4%11%2.4×n/an/a
Zhejiang Xinxing Tools 301677.SZChina$658Mn/a+10%40%6.1×-1.0%+9.6%
J.S. Corrugating Machinery 000821.SZChina$659M-33%-32%1%1.1×n/an/a
Shandong Weida Machinery 002026.SZChina$660M-19%+2%9%1.4×7.5%-2.4%
Techman Robot 4585.TWTaiwan$652M-40%+33%6%10.9×50.5%+9.4%
Glotech Industrial 5475.TWOTaiwan$652M-56%+101%12%16.9×n/an/a
Krn Heat Exchanger and Refrigeration KRN.NSIndia$651M-29%+77%15%6.8×n/an/a
Shenyang Blue Silver Industry Automatic Equipment 300293.SZChina$662M-30%-9%-13%4.0×n/an/a
Shin Zu Shing 3376.TWTaiwan$648M-47%-22%-2%1.9×n/an/a
Changhong Huayi Compressor 000404.SZChina$665M-23%-6%5%0.5×-12.1%+2.4%
Furukawa 5715.TJapan$646M-24%+10%6%0.8×n/an/a
Guangdong Kingstrong Technology 300629.SZChina$669M-29%+33%33%9.4×19.8%+4.2%
Suntar Environmental Technology 688101.SSChina$670M-39%+20%24%1.8×0.0%+11.8%
RS Technologies 3445.TJapan$671M-34%+18%19%1.3×2.8%+24.6%
Ningbo BaoSi Energy Equipment 300441.SZChina$640M-5%0%12%2.6×n/an/a
Asahi Yukizai 4216.TJapan$638M-8%+1%11%1.0×-1.8%+8.4%
Aeroflex Industries AEROFLEX.NSIndia$676M+17%+55%20%10.7×n/an/a
Zhejiang Hongchang Electrical Technology 301008.SZChina$677M+9%+3%-1%3.6×n/an/a
Houpu Clean Energy 300471.SZChina$678M-20%+8%1%3.9×41.1%+17.7%
Chongqing Machinery & Electric 2722.HKHong Kong$634M-61%+20%1%0.5×13.5%+8.8%
Noritz 5943.TJapan$633M-3%-1%2%0.4×4.1%+1.9%

Questions

Which companies are Shuifa Gas's closest peers?
The cockpit's peer set: Zhejiang Xinxing Tools (301677.SZ), J.S. Corrugating Machinery (000821.SZ), Shandong Weida Machinery (002026.SZ), Techman Robot (4585.TW), Glotech Industrial (5475.TWO), Krn Heat Exchanger and Refrigeration (KRN.NS), Shenyang Blue Silver Industry Automatic Equipment (300293.SZ), Shin Zu Shing (3376.TW).
Is Shuifa Gas expensive compared with its peers?
On ev / sales it trades at 2.4× against a peer median of 2.2×, 11th cheapest of 21 in its peer set.
How has Shuifa Gas stock performed?
Over six months to 6 Nov 2026 the shares returned -44.7% against -29.3% for the median peer; over one year +13.4%.

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.