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600604.SS
STRONG SELLREMOVEShanghai Shibei Hi-Tech Co.,Ltd. · Real Estate · China · $1.2B · Avg Vol: $16M/d
Shanghai Shibei Hi-Tech is a real estate development and industrial park operator. It is highly exposed to the structural downturn in Chinese real estate and lacks the asset-light, high-margin profile of a quality compounder.
COMPANY DESCRIPTION
Shanghai Shibei Hi-Tech Co., Ltd. develops, leases, and operates high-tech industrial parks, with a primary focus on the Shibei High-Tech Zone in Shanghai. The company holds a localized monopoly over this premier hub, which is designated for big data, cloud computing, and artificial intelligence enterprises. It operates as a specialized industrial real estate player directly aligned with Shanghai's municipal digital economy initiatives.
FINANCIAL SUMMARY
| Year | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|
| Revenue | 187M | 151M | 382M | 163M | -4.5% |
| EPS | 0.01 | -0.01 | 0.00 | -0.03 | -29.3% |
| Shares | 1.9B | 1.9B | 1.9B | 1.9B | 0.0% |
| Debt | 1.4B | 1.3B | 1.3B | 1.5B | 0.6% |
| Equity | 975M | 945M | 949M | 900M | -2.6% |
| Op CF | 264M | -54M | -46M | 8M | -69.4% |
| Inv CF | -65M | -9M | 1M | -7M | — |
| Fin CF | -104M | -41M | -11M | 6M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Real Estate, ranked by industry match, size, and score similarity. Cross-listings of 600604.SS are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| 600604.SS | Shanghai Shibei Hi-Tech Co.,Ltd.(you) | $1.2B | 6 | STRONG SELL |
| 600657.SS | Cinda Real Estate Co., Ltd. | $1.2B | 7 | STRONG SELL |
| 000058.SZ | Shenzhen SEG Co.,Ltd | $1.3B | 8 | STRONG SELL |
| 601828.SS | Red Star Macalline Group Corporation Ltd. | $1.6B | 15 | STRONG SELL |
| 600603.SS | Guanghui Logistics Co.Ltd | $824M | 14 | STRONG SELL |
| 000560.SZ | 5i5j Holding Group Co., Ltd. | $968M | 22 | SELL |
| 600790.SS | Zhejiang China Light&Textile Industrial City Group Co.,Ltd | $884M | 23 | SELL |
| 600848.SS | Shanghai Lingang Holdings Co.,Ltd. | $3.3B | 11 | STRONG SELL |
| 002285.SZ | Shenzhen Worldunion Group Incorporated | $772M | 24 | SELL |
| 000863.SZ | Sanxiang Impression Co., Ltd. | $871M | 32 | SELL |
Peer medians: ROE 0.5% · P/E 23.6x · Gross margin 17.4%