Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
600748.SS
SELLREMOVEShanghai Industrial Development Co.,Ltd · Real Estate · China · $1.3B · Avg Vol: $17M/d
Shanghai Industrial Development is a Chinese state-backed real estate developer. It is highly exposed to the structural downturn in the Chinese property market and lacks any quality characteristics.
COMPANY DESCRIPTION
Shanghai Industrial Development Co., Ltd. is a state-owned real estate developer and property manager, backed by the influential Shanghai Industrial Investment (Holdings) Co., Ltd. (SIIC). The company focuses on residential and commercial developments, urban renewal projects, and property services, primarily in Shanghai and the Yangtze River Delta. Its competitive advantage lies in its state-backed background, which facilitates access to prime land reserves and low-cost financing in high-barrier urban markets.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|
| Revenue | 776M | 1.5B | 369M | 501M | -13.6% |
| EPS | 0.01 | 0.01 | -0.02 | -0.05 | 0.0% |
| Shares | 1.8B | 1.8B | 1.8B | 1.8B | 0.0% |
| Debt | 2.1B | 2.0B | 2.1B | 2.1B | 0.2% |
| Equity | 1.5B | 1.5B | 1.6B | 1.5B | 1.5% |
| Op CF | 311M | -413M | -189M | 165M | -19.0% |
| Inv CF | -331M | 3M | 33M | 16M | — |
| Fin CF | 551M | -195M | 182M | -88M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Real Estate, ranked by industry match, size, and score similarity. Cross-listings of 600748.SS are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| 600748.SS | Shanghai Industrial Development Co.,Ltd(you) | $1.3B | 28 | SELL |
| 2923.TW | Sino Horizon Holdings Limited | $1.4B | 29 | SELL |
| 600736.SS | Suzhou New District Hi-Tech Industrial Co.,Ltd | $1.2B | 24 | SELL |
| 000402.SZ | Financial Street Holdings Co., Ltd. | $1.4B | 32 | SELL |
| 600708.SS | Bright Real Estate Group Co.,Limited | $1.1B | 24 | SELL |
| 600649.SS | Shanghai Chengtou Holding Co., Ltd. | $1.5B | 22 | SELL |
| 600162.SS | Shenzhen HeungKong Holding Co.,Ltd | $1.3B | 20 | SELL |
| 002077.SZ | Jiangsu Dagang Co., Ltd. | $1.5B | 34 | SELL |
| 600383.SS | Gemdale Corporation | $1.8B | 26 | SELL |
| 1918.HK | Sunac China Holdings Limited | $2.0B | 27 | SELL |
Peer medians: ROE 0.5% · P/E 23.6x · Gross margin 17.4%