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← CockpitCompetitor Analysis › 605050.SS Friend Co. Ltd. Class AOpen in the cockpit ↗

Friend Co. Ltd. Class A605050.SSCompetitor analysis, valuation and peers

China · CNY·Industrials›Air Freight/Couriers
Momentum neutral 41
Mkt cap
$709M
US dollars, full cap
Free float
84%
of shares outstanding
$/day
$2.55M
20-day average traded
Fwd P/E
10.1×
forward earnings
ROIC−WACC
+1.0 pp
WACC 5.0%
Hurdle
n/a
no reverse DCF
Next earnings
165 days
20 Apr 2027
Close · CNYCN¥9.59
1D-0.9%
1W+1.9%
1M-6.1%
3M-10.9%
6M-24.2%
YTD-28.8%
1Y-33.4%
ATR %3.0%
52w lowhigh39.3% off high

What Friend does

Employees: 870

Friend at a glance

Size Friend (605050.SS) is a China Industrials company (Air Freight/Couriers) with a market value of $709M, the 3037th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥9.59 on 6 Nov 2026.

Performance Over six months the shares fell 24.2%, against -4.1% for the median peer and -16.4% for the China market (cap-weighted) — 2nd lowest of 20 in its peer set.

Growth Revenue grew 4.0% over the last twelve months (peer median +6.3%); the operating margin is 4.3% (peer median 9.6%).

Valuation It trades at 10.1× forward earnings against a peer median of 14.2× (2nd cheapest of 14).

Capital Return on invested capital runs 1.0 points above its cost of capital (5.0% WACC).

Next results Next results expected around 20 Apr 2027 (exchange calendar; dates can move).

Relative performance

809010011 May 202611 Aug 20266 Nov 2026Peer median 93605050.SS 76
Six months, rebased to 100: Friend against the median of its 20 peers (local-currency closes).

Friend financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥12.1BCN¥11.8BCN¥11.3BCN¥9.75BCN¥10.3B
Revenue growth—+4%+15%-6%—
Gross profitCN¥807MCN¥666MCN¥534MCN¥658MCN¥480M
EBITDAn/aCN¥625MCN¥486MCN¥589MCN¥446M
Net incomeCN¥377MCN¥375MCN¥317MCN¥417MCN¥305M
Free cash flow-CN¥233M-CN¥312M-CN¥385M-CN¥830M-CN¥185M
Capital expenditureCN¥287MCN¥387MCN¥452MCN¥310MCN¥292M
Total debtCN¥3.95BCN¥4.32BCN¥3.58BCN¥2.07BCN¥2.45B

Quarterly statements and history in the cockpit →

Friend 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%0%+20%002210603967FERGR9037002889603223SLP-B000701300873TVSSCS600278S089310969956079025CJTPNL603648605050.SS6-month return →1-month return →
Up and to the right = strong over both horizons. Friend is the large dot.

Fundamentals: revenue growth against valuation

-75%-50%-25%0%+25%25×50×75×603967FERGRSLP-B300873TVSSCSS08969956079025CJTPNL605050.SSRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Friend is the large dot.

Friend competitors and peer comparison

How Friend 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.

Friend against its 20 peers (data as of 6 Nov 2026)
Measure605050.SSPeer medianRank in peer set
1-month return-6.1%-2.7%8th lowest of 21
6-month return-24.2%-4.1%2nd lowest of 20
Distance from 52-week high-39.3%-24.1%5th lowest of 21
Revenue growth (TTM)+4.0%+6.3%11th highest of 21
Operating margin4.3%9.6%7th lowest of 20
Forward P/E10.1×14.2×2nd cheapest of 14
ROIC minus cost of capital+1.0 pp+0.0 pp9th highest of 19

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
Friend 605050.SSChina$709M-24%+4%4%10.1×n/an/a
Shenzhen Feima International Supply Chain 002210.SZChina$768M-36%+116%11%n/a34.5%+1.5%
China Master Logistics 603967.SSChina$644M-11%+11%4%13.9×-12.1%+11.4%
Ferrari FERGR.ASNetherlands$780M-4%+3%17%12.8×-2.7%+5.0%
Hamakyorex 9037.TJapan$808M-2%+9%10%11.4×-9.0%+5.5%
Shenzhen Easttop Supply Chain Management 002889.SZChina$845M+14%-35%6%n/a12.0%+6.7%
Hengtong Logistic 603223.SSChina$870M-9%+2%30%15.5×-9.5%-24.6%
Swedish Logistic Property SLP-B.STSweden$876M-9%+27%86%14.2×11.6%+60.3%
LEAP India LEAPIND.NSIndia$569Mn/a+56%27%n/an/an/a
Xiamen Xinde 000701.SZChina$568M-3%-22%n/an/an/an/a
Hichain Logistics 300873.SZChina$560M-22%+15%14%20.8×3.2%+12.1%
TVS Supply Chain Solutions TVSSCS.NSIndia$547M-4%+17%2%31.6×14.4%+9.7%
Orient International Enterprise 600278.SSChina$919M+1%-12%1%n/an/an/a
Singapore Post S08.SISingapore$546M-17%-73%3%77.5×n/an/a
Japan Transcity 9310.TJapan$538M+15%+1%7%n/a1.3%+4.4%
Hangzhou SF Intra-city Industrial 9699.HKHong Kong$941M-24%+32%1%13.3×5.9%+35.5%
Farglory Free Trade Zone Investment 5607.TWTaiwan$534M0%+30%42%8.3×-2.7%+16.8%
Konoike Transport 9025.TJapan$973M+2%+1%6%10.9×-12.5%+4.0%
Cargojet CJT.TOCanada$1.00B+15%+1%10%23.4×12.4%+8.2%
PostNL PNL.ASNetherlands$473M-16%+2%1%30.5×n/an/a
Shanghai Shine-Link International Logistics 603648.SSChina$467M-15%+10%11%n/a-0.7%+0.3%

Questions

Which companies are Friend's closest peers?
The cockpit's peer set: Shenzhen Feima International Supply Chain (002210.SZ), China Master Logistics (603967.SS), Ferrari (FERGR.AS), Hamakyorex (9037.T), Shenzhen Easttop Supply Chain Management (002889.SZ), Hengtong Logistic (603223.SS), Swedish Logistic Property (SLP-B.ST), LEAP India (LEAPIND.NS).
Is Friend expensive compared with its peers?
On forward p/e it trades at 10.1× against a peer median of 14.2×, 2nd cheapest of 14 in its peer set.
How has Friend stock performed?
Over six months to 6 Nov 2026 the shares returned -24.2% against -4.1% for the median peer; over one year -33.4%.

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.