600009.SS
SinkerShanghai International Airport Co., Ltd. · Industrials · China · $8.5B cap · $35.2M/day traded
CNY 24.04 -0.2% · close 12 Nov · scored 13 Nov
Sinker: Weak business, rich price and weak momentum. Nothing here to keep it afloat.
As of 13 Nov 2026, the MoatMap Score for Shanghai International Airport Co., Ltd. (600009.SS) is 38/100, ranked against 25,000+ stocks in 38 markets (Quality 48, Value 39, Momentum 44, each scored against its sector).
Does the score work? Each tenth of the ranking, tracked monthly. See the record →
ABOUT SHANGHAI INTERNATIONAL AIRPORT CO., LTD.
Read
Shanghai International Airport Co., Ltd. operates Shanghai Pudong International Airport, the primary international aviation hub for East China. The company benefits from a natural monopoly over international air traffic in the wealthy Yangtze River Delta region. Its highly profitable business model is driven by aeronautical fees and lucrative duty-free retail concessions.
FINANCIAL SUMMARY (CNY)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 5.5B | 11.0B | 12.4B | 13.3B | 34.5% | 13.7B | 13.8B | 15.1B | 6.3% |
| EPS (CNY) | -1.26 | 0.38 | 0.78 | 0.85 | 49.6% | 0.94 | 1.05 | 1.22 | 20.0% |
| Shares | 2.5B | 2.5B | 2.5B | 2.5B | -0.0% | 2.5B | — | — | — |
| Debt | 20.3B | 20.2B | 18.9B | 19.5B | -1.3% | 18.9B | — | — | — |
| Equity | 39.6B | 40.5B | 41.7B | 42.5B | 2.4% | — | — | — | — |
| Op CF | -117.0M | 4.0B | 5.5B | 6.0B | 22.0% | 5.7B | — | — | — |
| Inv CF | -303.9M | -2.6B | -2.9B | 46.2M | — | — | — | — | — |
| Fin CF | 1.7B | -637.7M | -2.4B | -4.2B | — | — | — | — | — |
10% above its 52-week low and back above a rising 50-day average since 5 Nov 2026.
The Momentum score still reads 44: it weighs six months of price and earnings revisions, so it trails a turn like this.
Calmer than 91% of stocks we rank over the past year (volatility 20% a year).
How this is worked out
The Price check reads only the chart, the price side of the Momentum score in words; it is not the MoatMap Score.
- Still falling: It set a new 52-week low in the last two weeks, after a deep fall.
- Finding a floor: It fell hard, but has set no new low for more than two weeks.
- Turning up (this stock): It has climbed off its low and is back above a rising 50-day average.
- In an uptrend: It is near its 52-week high and above its 200-day average.
- No clear trend: None of the above: no recent deep fall and no steady climb.
- No read yet: Not enough price history yet: it needs a year of trading.
In past US falls, waiting for Turning up cut the chance of another 20% drop from 42% to 33%. Returns were no better, and 33% of turns failed.
The exact rules
Still falling is a new 52-week low in the last two weeks, at least 25% below the high, with the low set after the high. Finding a floor is the same fall with no new low in the last two weeks. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average, with the 50-day average above the 200-day, and within 15% of the high. No clear trend is everything else. No read yet is under 252 trading days of history, or missing data. A new state shows once it has held for three trading days.
In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn (the Turning up rule above) cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.
What it measures: how much the price moved day to day over the past year, scaled to a yearly figure (annualised volatility) and ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.
What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.
Calm is not safe: a calm stock can still slide steadily.
Rules fixed before any data was fetched. Describes the chart, not a recommendation.
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Industrials, ranked by industry match, size, and score similarity. Cross-listings of 600009.SS are excluded.
| Ticker | Company | Mkt Cap | Score |
|---|---|---|---|
| 600009.SS | Shanghai International Airport Co., Ltd.(you) | $8.5B | 38 |
| 600004.SS | Guangzhou Baiyun International Airport Company Limited | $3.0B | 55 |
| 000089.SZ | Shenzhen Airport Co., Ltd. | $2.0B | 52 |
| 000099.SZ | CITIC Offshore Helicopter Co., Ltd. | $1.5B | 25 |
| 0694.HK | Beijing Capital International Airport Company Limited | $780M | 35 |
| 600897.SS | Xiamen International Airport Co.,Ltd | $867M | 87 |
| 300450.SZ | Wuxi Lead Intelligent Equipment CO.,LTD. | $7.6B | 38 |
| 002008.SZ | Han's Laser Technology Industry Group Co., Ltd. | $9.6B | 39 |
| 300548.SZ | EverProX Technologies Co., Ltd. | $7.4B | 38 |
| 0390.HK | China Railway Group Limited | $9.6B | 38 |
Peer medians: ROE 5.3% · P/E 28.6x · Gross margin 21.9%
Company Deep Dive
A 10,000-word report: the business and its segments, what management promised on earnings calls and whether it delivered, the competition, and how things could turn out.