Which companies are WPG (Shanghai) Smart Water Public's closest peers?

The cockpit's peer set: Nantong Guosheng Intelligence Technology (688558.SS), Jiangsu Beiren Smart Manufacturing Technology (688218.SS), Hangzhou Huaguang Advanced Welding Materials (688379.SS), Noblelift Intelligent Equipment (603611.SS), Lohia (LCL.NS), Shaoyang Victor Hydraulics (301079.SZ), Zhejiang XiaSha Precision Manufacturing (001306.SZ), Gallant Micro Machining (6640.TWO).

Is WPG (Shanghai) Smart Water Public expensive compared with its peers?

On ev / sales it trades at 4.7× against a peer median of 3.0×, 8th most expensive of 20 in its peer set.

How has WPG (Shanghai) Smart Water Public stock performed?

Over six months to 6 Nov 2026 the shares returned +13.1% against -18.0% for the median peer; over one year +2.1%.

← CockpitCompetitor Analysis › 603956.SS WPG (Shanghai) Smart Water Public Co., Ltd. Class AOpen in the cockpit ↗

WPG (Shanghai) Smart Water Public Co., Ltd. Class A603956.SSCompetitor analysis, valuation and peers

China · CNY·Industrials›Industrial Machinery

Momentum leader 86

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$563M

US dollars, full cap

Free float

27%

of shares outstanding

$/day

$36.6M

20-day average traded

Fwd P/E

n/m

no positive forecast

ROIC−WACC

-16.4 pp

WACC 6.0%

Hurdle

n/a

no reverse DCF

Next earnings

172 days

27 Apr 2027

Close · CNYCN¥6.67

1D-0.6%

1W+12.5%

1M-2.1%

3M-3.2%

6M+13.1%

YTD+3.2%

1Y+2.1%

ATR %7.3%

52w lowhigh18.7% off high

What WPG (Shanghai) Smart Water Public does

Employees: 1,732

WPG (Shanghai) Smart Water Public at a glance

Size WPG (Shanghai) Smart Water Public (603956.SS) is a China Industrials company (Industrial Machinery) with a market value of $563M, the 3574th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥6.67 on 6 Nov 2026.

Performance Over six months the shares gained 13.1%, against -18.0% for the median peer and -16.4% for the China market (cap-weighted) — 2nd highest of 18 in its peer set.

Growth Revenue fell 23.5% over the last twelve months (peer median +8.8%); the operating margin is -39.4% (peer median 6.1%).

Valuation It trades at 4.7× enterprise value to sales against a peer median of 3.0× (8th most expensive of 20).

Capital Return on invested capital runs 16.4 points below its cost of capital (6.0% WACC).

Next results Next results expected around 27 Apr 2027 (exchange calendar; dates can move).

Relative performance

Six months, rebased to 100: WPG (Shanghai) Smart Water Public against the median of its 20 peers (local-currency closes).

WPG (Shanghai) Smart Water Public financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	CN¥823M	CN¥1.15B	CN¥1.23B	CN¥1.41B	CN¥1.05B
Revenue growth	—	-6%	-12%	+34%	—
Gross profit	CN¥395M	CN¥456M	CN¥494M	CN¥664M	CN¥549M
EBITDA	n/a	-CN¥63.3M	-CN¥168M	CN¥34.6M	-CN¥110M
Net income	-CN¥275M	-CN¥153M	-CN¥212M	CN¥23.3M	-CN¥144M
Free cash flow	-CN¥107M	CN¥49.2M	-CN¥277M	-CN¥108M	-CN¥229M
Capital expenditure	CN¥20.0M	CN¥25.8M	CN¥118M	CN¥137M	CN¥87.7M
Total debt	CN¥505M	CN¥359M	CN¥865M	CN¥499M	CN¥599M

Quarterly statements and history in the cockpit →

WPG (Shanghai) Smart Water Public 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

Up and to the right = strong over both horizons. WPG (Shanghai) Smart Water Public is the large dot.

Fundamentals: revenue growth against valuation

Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. WPG (Shanghai) Smart Water Public is the large dot.

WPG (Shanghai) Smart Water Public competitors and peer comparison

How WPG (Shanghai) Smart Water Public 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.

WPG (Shanghai) Smart Water Public against its 20 peers (data as of 6 Nov 2026)
Measure	603956.SS	Peer median	Rank in peer set
1-month return	-2.1%	-10.8%	6th highest of 20
6-month return	+13.1%	-18.0%	2nd highest of 18
Distance from 52-week high	-18.7%	-40.9%	2nd highest of 21
Revenue growth (TTM)	-23.5%	+8.8%	lowest of 20
Operating margin	-39.4%	6.1%	lowest of 20
EV / Sales	4.7×	3.0×	8th most expensive of 20
ROIC minus cost of capital	-16.4 pp	-1.3 pp	lowest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
Company	Market	Market cap	6M return	Revenue growth	Op. margin	EV / Sales	Req g	Delivered g
WPG (Shanghai) Smart Water Public 603956.SS	China	$563M	+13%	-24%	-39%	4.7×	n/a	n/a
Nantong Guosheng Intelligence Technology 688558.SS	China	$562M	-20%	+17%	12%	2.1×	15.7%	+11.5%
Jiangsu Beiren Smart Manufacturing Technology 688218.SS	China	$562M	-5%	-10%	-10%	6.5×	21.9%	+1.6%
Hangzhou Huaguang Advanced Welding Materials 688379.SS	China	$567M	-39%	+62%	6%	1.6×	n/a	n/a
Noblelift Intelligent Equipment 603611.SS	China	$569M	-23%	+4%	7%	0.7×	-6.0%	+10.5%
Lohia LCL.NS	India	$556M	n/a	+24%	15%	3.0×	3.9%	+8.5%
Shaoyang Victor Hydraulics 301079.SZ	China	$555M	-21%	+20%	4%	12.3×	n/a	n/a
Zhejiang XiaSha Precision Manufacturing 001306.SZ	China	$553M	-16%	+9%	-15%	5.1×	n/a	n/a
Gallant Micro Machining 6640.TWO	Taiwan	$575M	-53%	+39%	19%	4.8×	8.0%	+25.1%
Shang Gong 600843.SS	China	$575M	-17%	+2%	-5%	1.0×	n/a	n/a
Beijing Jingcheng Machinery Electric 0187.HK	Hong Kong	$575M	-42%	-1%	-8%	3.1×	n/a	n/a
Hero Motors HEROMOTORS.NS	India	$578M	n/a	+9%	6%	4.6×	37.3%	+4.0%
Jiangsu Liba Enterprise Joint-Stock 603519.SS	China	$578M	0%	0%	10%	2.1×	14.8%	+5.4%
Tsukishima 6332.T	Japan	$547M	-30%	+8%	7%	0.4×	-3.7%	+10.5%
Forge Nano NANO	United States	$545M	n/a	n/a	n/a	n/a	n/a	n/a
Schweiter Technologies SWTQ.SW	Switzerland	$581M	+19%	-12%	4%	0.6×	-3.5%	-4.9%
Zhuhai Huajin Capital 000532.SZ	China	$545M	-17%	+8%	32%	6.4×	7.1%	-0.7%
Wayz Intelligent Manufacturing Technology 688211.SS	China	$545M	-18%	+25%	-3%	0.9×	n/a	n/a
Shanghai Yongli Belting 300230.SZ	China	$544M	-11%	+13%	10%	1.3×	-2.6%	-5.7%
Jiangyin PIVOT Automotive Products 301181.SZ	China	$582M	-25%	-9%	16%	7.2×	22.5%	-2.9%
Wuxi Delinhai Environmental Technology 688069.SS	China	$586M	-8%	+18%	5%	6.8×	n/a	n/a

Questions

Which companies are WPG (Shanghai) Smart Water Public's closest peers?: The cockpit's peer set: Nantong Guosheng Intelligence Technology (688558.SS), Jiangsu Beiren Smart Manufacturing Technology (688218.SS), Hangzhou Huaguang Advanced Welding Materials (688379.SS), Noblelift Intelligent Equipment (603611.SS), Lohia (LCL.NS), Shaoyang Victor Hydraulics (301079.SZ), Zhejiang XiaSha Precision Manufacturing (001306.SZ), Gallant Micro Machining (6640.TWO).
Is WPG (Shanghai) Smart Water Public expensive compared with its peers?: On ev / sales it trades at 4.7× against a peer median of 3.0×, 8th most expensive of 20 in its peer set.
How has WPG (Shanghai) Smart Water Public stock performed?: Over six months to 6 Nov 2026 the shares returned +13.1% against -18.0% for the median peer; over one year +2.1%.