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← CockpitCompetitor Analysis › 603759.SS Haitian Water Group Co., Ltd. Class AOpen in the cockpit ↗

Haitian Water Group Co., Ltd. Class A603759.SSCompetitor analysis, valuation and peers

China · CNY·Utilities›Water Utilities
Momentum strong 76
Mkt cap
$535M
US dollars, full cap
Free float
94%
of shares outstanding
$/day
$5.80M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
+0.7 pp
WACC 5.0%
Hurdle
n/a
no reverse DCF
Close · CNYCN¥7.73
1D+6.5%
1W+16.9%
1M-3.5%
3M+7.5%
6M-17.1%
YTD-26.7%
1Y-12.5%
ATR %3.7%
52w lowhigh53.1% off high

What Haitian Water does

Employees: 1,933

Haitian Water at a glance

Size Haitian Water (603759.SS) is a China Utilities company (Water Utilities) with a market value of $535M, the 3700th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥7.73 on 6 Nov 2026.

Performance Over six months the shares fell 17.1%, against -17.0% for the median peer and -16.4% for the China market (cap-weighted) — 8th highest of 15 in its peer set.

Growth Revenue grew 112.2% over the last twelve months (peer median +5.2%); the operating margin is 5.5% (peer median 21.3%).

Valuation It trades at 1.4× enterprise value to sales against a peer median of 4.3× (cheapest of 15).

Capital Return on invested capital runs 0.7 points above its cost of capital (5.0% WACC).

Relative performance

809010011 May 202611 Aug 20266 Nov 2026603759.SS 86Peer median 83
Six months, rebased to 100: Haitian Water against the median of its 14 peers (local-currency closes).

Haitian Water financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥5.33BCN¥3.22BCN¥1.52BCN¥1.27BCN¥1.18B
Revenue growth—+112%+19%+8%—
Gross profitCN¥913MCN¥670MCN¥725MCN¥598MCN¥511M
EBITDAn/aCN¥634MCN¥677MCN¥566MCN¥527M
Net incomeCN¥134MCN¥177MCN¥305MCN¥242MCN¥213M
Free cash flow-CN¥80.5M-CN¥283MCN¥90.3M-CN¥48.6MCN¥138M
Capital expenditureCN¥235MCN¥230MCN¥370MCN¥382MCN¥279M
Total debtCN¥6.20BCN¥4.28BCN¥2.59BCN¥2.27BCN¥2.27B

Quarterly statements and history in the cockpit →

Haitian Water 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

-20%0%+20%-20%0%YORW601368603291600283CWCO600769601199ARTNA8936003039MSEX000711600461603759.SS6-month return →1-month return →
Up and to the right = strong over both horizons. Haitian Water is the large dot.

Fundamentals: revenue growth against valuation

0%+50%+100%0×20×40×YORW6013686032916002836007698936000711603759.SSRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Haitian Water is the large dot.

Haitian Water competitors and peer comparison

How Haitian Water 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.

Haitian Water against its 14 peers (data as of 6 Nov 2026)
Measure603759.SSPeer medianRank in peer set
1-month return-3.5%-6.8%5th highest of 15
6-month return-17.1%-17.0%8th highest of 15
Distance from 52-week high-53.1%-27.8%2nd lowest of 15
Revenue growth (TTM)+112.2%+5.2%highest of 15
Operating margin5.5%21.3%2nd lowest of 15
EV / Sales1.4×4.3×cheapest of 15
ROIC minus cost of capital+0.7 pp+1.0 pp6th lowest of 14

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Haitian Water 603759.SSChina$535M-17%+112%5%1.4×n/an/a
York Water YORWUnited States$529M+10%+9%37%8.6×n/an/a
Guangxi Nanning Waterworks 601368.SSChina$601M-9%0%22%8.4×n/an/a
Jiangsu United Water Technology 603291.SSChina$476M-35%-13%11%4.1×-0.5%+6.9%
Qianjiang Water Resources Development 600283.SSChina$627M-19%+7%11%3.0×n/an/a
Consolidated Water CWCOUnited States$436M-17%-1%12%2.4×4.5%+12.7%
Wuhan Xianglong Power Industry 600769.SSChina$687M-24%+4%20%52.4×n/an/a
Jiangsu Jiangnan Water 601199.SSChina$763M+2%-4%12%3.3×-1.5%+8.9%
Artesian Resources ARTNAUnited States$357M+7%+6%32%4.5×n/an/a
China Water Affairs 0855.HKHong Kong$823M-22%-11%25%3.8×-0.6%0.0%
Kuo Toong International 8936.TWOTaiwan$303M-22%+27%21%1.9×-8.1%+11.2%
Guangdong Shunkong Development 003039.SZChina$1.12B-16%+6%25%4.6×4.3%+12.5%
Middlesex Water MSEXUnited States$1.15B+16%+9%31%7.5×n/an/a
Indium Target Advanced Materials (Harbin) 000711.SZChina$1.54B-27%+46%-4%11.2×n/an/a
Jiangxi Hongcheng Environment 600461.SSChina$1.69B-17%-11%24%2.6×-10.2%+2.6%

Questions

Which companies are Haitian Water's closest peers?
The cockpit's peer set: York Water (YORW), Guangxi Nanning Waterworks (601368.SS), Jiangsu United Water Technology (603291.SS), Qianjiang Water Resources Development (600283.SS), Consolidated Water (CWCO), Wuhan Xianglong Power Industry (600769.SS), Jiangsu Jiangnan Water (601199.SS), Artesian Resources (ARTNA).
Is Haitian Water expensive compared with its peers?
On ev / sales it trades at 1.4× against a peer median of 4.3×, cheapest of 15 in its peer set.
How has Haitian Water stock performed?
Over six months to 6 Nov 2026 the shares returned -17.1% against -17.0% for the median peer; over one year -12.5%.

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.