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Zheshang Development Group Co., Ltd (000906.SZ)

CNY5.56 +0.20 (+3.73%)
CN SHZ Industrials Conglomerates
Address Zhejiang Traffic Group Building 310014
Hangzhou, CN
CEO Wen Ming Li
Website zmd.com.cn
IPO 1999-07-07
ISIN CNE000000YS8

Explore sections of this company profile

Description

Zheshang Development Group Co., Ltd. is a multifaceted enterprise with operations spanning both domestic and international markets, primarily focusing on commodity trading, financial services, online retail, automotive sales and after-sales support, and logistics. The company is deeply involved in the commerce of a diverse range of steel products, including rebar, wire rod, various types of round steel, hot and cold rolled strips and coils, I-beams, and angle and groove bars. It also trades in raw materials such as steel feed and iron ore. Complementing its core trading activities, Zheshang Development offers a suite of value-added services, including wholesale and retail distribution, bespoke processing, warehousing and delivery solutions, financial assistance, e-commerce integration, and comprehensive logistics and supply chain management across both upstream and downstream segments. Its financial services arm provides finance leasing, commercial factoring, and specialized financing options such as industrial bond and supply chain financing. In the technology sector, the company develops and supplies industry-specific management software, offers custom development for information management systems, delivers Software-as-a-Service (SaaS), and provides expert IT management consulting. Zheshang Development also manages an extensive portfolio of digital platforms. These include integrated solutions for supply chain management, customer relationship management (CRM), power sales management, financial leasing tools, car free carrier (CFC) services, unified enterprise mobile connectivity, enterprise integration, centralized purchasing, and logistics and warehouse management. Additionally, it operates platforms for cross-border e-commerce, a dedicated commercial marketplace for commodities, and a data analytics platform specifically for the steel trade industry. Its logistics division provides a comprehensive suite of services encompassing warehousing, transportation, processing, logistics transaction management, and financial supervision. In the automotive industry, the company sells and services various car brands through its network of approximately eight standard 4S dealerships. Furthermore, it operates a taxi business. Founded in 1999 and headquartered in Hangzhou, China, the company was formerly known as Zhejiang Materials Development Co., Ltd. before officially adopting its current name, Zheshang Development Group Co., Ltd., in January 2017.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
CNY5.56 +0.20 (+3.73%)
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Volume Profile
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Liquidity & share structure
Average Volume
13M
Beta
0.60
Float Shares
324.09M
Free Float %
45.7%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-0.48% +1.13% -0.48% +0.32% +4.15% +6.08% -3.98% -30.68% -43.98% -4.85% +42.08%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
5.56
Ratings Trend (MoM) 100% Bullish
Rating 2026-05 Change
Strong Buy 1 0
Buy 0 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
4.46
Safe zone
Piotroski F-Score
5 / 9
Average
MOAT Score
2 / 10
No MOAT
Composite Rating
B+
Overall Score
3 / 5
Medium
DCF Score
5 / 5
High
ROE Score
2 / 5
Medium
ROA Score
3 / 5
Medium
D/E Score
1 / 5
Low
P/E Score
3 / 5
Medium
P/Book Score
5 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Conglomerates: +6.1%
    +16.6% Q1'26: +10.6% (vs Q1'25)
  • EPS growth Conglomerates: +16.9%
    -42.2% Q1'26: -11.5% (vs Q1'25)
  • FCF margin FCF growth · Conglomerates: +35.9%
    +0.2% Q1'26: -16.7% (vs Q1'25)
  • EBIT margin Conglomerates: +9.0%
    +0.6% Q1'26: +0.7% (vs Q1'25)
  • ROIC Conglomerates: +4.7%
    +8.1% Q1'26: +6.9% (vs Q1'25)
  • Share dilution Conglomerates: +0.0%
    +4.5% Q1'26: +9.9% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Conglomerates: 1.28×
    5.88× Q1'26: 8.84× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.66) × ERP
WACC = 38% × Ke + 62% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 5.56
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
1 Rev. Ana.
1 EPS Ana.
Dec 2027
1 Rev. Ana.
1 EPS Ana.
Dec 2028
1 Rev. Ana.
1 EPS Ana.
Revenue
21.02B
est: 20.59B (+2.1%)
32.98B
est: 29.59B (+11.4%)
39.22B
est.
63.29B
est: 45.22B (+40.0%)
48.41B
est: 45.22B (+7.0%)
73.46B
est: 51.43B (+42.8%)
108.98B
est: 107.71B (+1.2%)
178.27B
est: 193.72B (-8.0%)
193.60B
est: 184.51B (+4.9%)
203.06B
est: 210.36B (-3.5%)
201.90B
est: 202.59B (-0.3%)
235.50B
est: 220.04B (+7.0%)
279.41B
279.41B – 279.41B
+27.0% YoY
309.05B
309.05B – 309.05B
+10.6% YoY
344.82B
344.82B – 344.82B
+11.6% YoY
EBITDA
241.24M
est: 217.23M (+11.1%)
399.23M
est: 312.15M (+27.9%)
413.67M
est.
849.29M
est: 477.06M (+78.0%)
610.27M
est: 477.06M (+27.9%)
1.22B
est: 542.52M (+124.2%)
1.57B
est: 1.14B (+38.0%)
2.03B
est: 2.04B (-0.5%)
2.22B
est: 1.95B (+14.1%)
2.03B
est: 2.22B (-8.4%)
1.47B
est: 1.89B (-21.9%)
1.50B
est: 2.05B (-26.6%)
2.60B
2.60B – 2.60B
+27.0% YoY
2.88B
2.88B – 2.88B
+10.6% YoY
3.21B
3.21B – 3.21B
+11.6% YoY
EBIT
194.81M
est: 204.22M (-4.6%)
350.24M
est: 293.45M (+19.4%)
388.89M
est.
815.28M
est: 448.48M (+81.8%)
570.37M
est: 448.48M (+27.2%)
1.17B
est: 510.03M (+130.3%)
1.52B
est: 1.07B (+42.1%)
1.97B
est: 1.92B (+2.7%)
2.16B
est: 1.83B (+17.8%)
1.90B
est: 2.09B (-8.7%)
1.39B
est: 1.78B (-22.3%)
1.32B
est: 1.94B (-32.1%)
2.46B
2.46B – 2.46B
+27.0% YoY
2.72B
2.72B – 2.72B
+10.6% YoY
3.04B
3.04B – 3.04B
+11.6% YoY
Net Income
86.15M
est: 125.12M (-31.1%)
125.35M
est: 97.50M (+28.6%)
204.75M
est.
305.92M
est: 263.25M (+16.2%)
173.25M
est: 263.25M (-34.2%)
536.27M
est: 326.62M (+64.2%)
555.14M
est: 639.35M (-13.2%)
819.14M
est: 1.04B (-21.0%)
1.00B
est: 1.23B (-18.5%)
682.91M
est: 1.24B (-44.8%)
368.86M
est: 668.15M (-44.8%)
222.72M
est: 608.19M (-63.4%)
616.75M
616.75M – 616.75M
+1.4% YoY
873.73M
873.73M – 873.73M
+41.7% YoY
993.66M
993.66M – 993.66M
+13.7% YoY
SGA
352.99M
est: 52.18M (+576.5%)
419.68M
est: 74.98M (+459.7%)
99.37M
est.
512.83M
est: 114.60M (+347.5%)
515.83M
est: 114.60M (+350.1%)
599.16M
est: 130.32M (+359.8%)
671.24M
est: 272.94M (+145.9%)
896.04M
est: 490.87M (+82.5%)
1.08B
est: 467.54M (+132.0%)
1.05B
est: 533.04M (+96.1%)
1.08B
est: 892.31M (+20.7%)
215.13M
est: 969.18M (-77.8%)
1.23B
1.23B – 1.23B
+27.0% YoY
1.36B
1.36B – 1.36B
+10.6% YoY
1.52B
1.52B – 1.52B
+11.6% YoY
EPS
0.15
est: 0.15 (-1.7%)
0.19
est: 0.12 (+59.7%)
0.25
est.
0.39
est: 0.32 (+21.4%)
0.26
est: 0.32 (-19.0%)
0.74
est: 0.40 (+85.7%)
0.77
est: 0.78 (-1.3%)
1.17
est: 1.27 (-7.5%)
1.39
est: 1.50 (-7.3%)
0.90
est: 1.51 (-40.4%)
0.45
est: 0.78 (-42.3%)
0.26
est: 0.71 (-63.4%)
0.72
0.72 – 0.72
+1.4% YoY
1.02
1.02 – 1.02
+41.7% YoY
1.16
1.16 – 1.16
+13.7% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 B+ 3/5 5/5 2/5 3/5 1/5 3/5 5/5
2026-05-28 B+ 3/5 5/5 2/5 3/5 1/5 3/5 5/5
2026-05-27 B+ 3/5 5/5 2/5 3/5 1/5 3/5 5/5
2026-05-26 B+ 3/5 5/5 2/5 3/5 1/5 3/5 5/5
2026-05-25 B+ 3/5 5/5 2/5 3/5 1/5 3/5 5/5
2026-05-22 B+ 3/5 5/5 2/5 3/5 1/5 3/5 5/5
2026-05-21 B+ 3/5 5/5 2/5 3/5 1/5 3/5 5/5
2026-05-20 B+ 3/5 5/5 2/5 3/5 1/5 3/5 5/5
2026-05-19 B+ 3/5 5/5 2/5 3/5 1/5 3/5 5/5
2026-05-18 B+ 3/5 5/5 2/5 3/5 1/5 3/5 5/5
2026-05-15 B+ 3/5 5/5 2/5 3/5 1/5 3/5 5/5
2026-05-14 B+ 3/5 5/5 2/5 3/5 1/5 3/5 5/5
2026-05-13 B+ 3/5 5/5 2/5 3/5 1/5 3/5 5/5
2026-05-12 B+ 3/5 5/5 2/5 3/5 1/5 3/5 5/5
2026-05-11 B+ 3/5 5/5 2/5 3/5 1/5 3/5 5/5
2026-05-08 B+ 3/5 5/5 2/5 3/5 1/5 3/5 5/5
2026-05-07 B+ 3/5 5/5 2/5 3/5 1/5 3/5 5/5
2026-05-06 B+ 3/5 5/5 2/5 3/5 1/5 3/5 5/5
2026-04-30 B+ 3/5 5/5 2/5 3/5 1/5 3/5 5/5
2026-04-29 B+ 3/5 5/5 2/5 3/5 1/5 3/5 5/5
2026-04-28 B+ 3/5 5/5 2/5 3/5 1/5 3/5 5/5
2026-04-27 B+ 3/5 5/5 2/5 3/5 1/5 3/5 5/5
2026-04-24 B+ 3/5 5/5 2/5 4/5 1/5 2/5 4/5
2026-04-23 B+ 3/5 5/5 2/5 4/5 1/5 2/5 4/5
2026-04-22 B+ 3/5 5/5 2/5 4/5 1/5 2/5 4/5
2026-04-21 B+ 3/5 5/5 2/5 4/5 1/5 2/5 4/5
2026-04-20 B+ 3/5 5/5 2/5 4/5 1/5 2/5 4/5
2026-04-17 B+ 3/5 5/5 2/5 4/5 1/5 2/5 4/5
2026-04-16 B+ 3/5 5/5 2/5 4/5 1/5 2/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-6.90B
OE per share TTM
-9.06
Owner's Yield
-135.11%
Maintenance CapEx ratio
0.10%
Maint CapEx / Avg PPE
0.7%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 6 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 State Street SPDR S&P Emerging Markets Small Cap ETF EWX 0.01% 48.0K 0.65%
2 Dimensional - Emerging Markets Value ETF DFEV 0.00% 27.5K 0.46%
3 Dimensional - Emerging Markets Core Equity 2 ETF DFEM 0.00% 118.5K 0.39%
4 Dimensional Emerging Markets Sustainability Core 1 ETF DFSE 0.00% 4.6K 0.44%
5 Dimensional World ex U.S. Core Equity 2 ETF DFAX 0.00% 56.2K 0.28%
6 Dimensional - Emerging Core Equity Market ETF DFAE 0.00% 40.2K 0.29%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
520.1K
Shares Outstanding
709.66M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Bangjing Lei Deputy GM & Secretary of the Board male
Jiannan Xu Deputy General Manager male
Liang Liang Deputy General Manager male
Wen Ming Li GM & Director male
Yi Jie Pan Head of Accounting Department & Accounting Supervisor
Yong Wei Deputy General Manager male
Zhuming Deng Financial Director male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits