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Shanghai Dazhong Public Utilities(Group) Co.,Ltd. (600635.SS)

CNY4.40 +0.06 (+1.38%)
CN SHH Utilities Regulated Gas
Address Dazhong Building 200235
Shanghai, CN
CEO Jiawei Liang
Website dzug.cn
IPO 1993-03-04
ISIN CNE0000007Y7

Explore sections of this company profile

Also trades on Hong Kong Stock Exchange · 1635.HK (HKD) Shanghai Stock Exchange · 600635.SS (CNY)
Description

As an investment holding company, Shanghai Dazhong Public Utilities (Group) Co., Ltd. primarily focuses on piped gas distribution and wastewater management across the People's Republic of China. The company structures its operations into four main divisions: Piped Gas Supply, Wastewater Treatment, Public Infrastructure Projects, and Transportation Services. Among its core activities, the company sells, distributes, and supplies piped natural gas, in addition to constructing and installing gas pipelines. It also handles the treatment and management of urban wastewater. Its comprehensive transportation offerings include the rental of cars, taxis, and tourist vehicles; freight logistics; relocation assistance; liquefied petroleum gas delivery; and various tourism services, complemented by the operation of its Dazhong Chuxing digital platform. Furthermore, Shanghai Dazhong is involved in the investment, development, upkeep, and protection of infrastructure, which encompasses public infrastructure projects. Its scope also extends to transportation, storage, and postal services, alongside the sale of gas-related products. The group provides a range of financial services, such as financial leasing and the issuance of pre-paid cards. It also engages in scientific research and technological services, as well as making investments in venture capital enterprises. Its diverse operations further include managing municipal road infrastructure, agricultural development initiatives, payment processing, asset management, and offering financial advisory services. The company boasts significant assets, including approximately 6,867 kilometers of natural gas pipelines and a fleet of 1,000 operational vehicles. Founded in 1991, the enterprise was initially named Shanghai Pudong Dazhong Taxi Co., Ltd. before adopting its current identity, Shanghai Dazhong Public Utilities (Group) Co., Ltd., in May 2003. Its headquarters are situated in Shanghai, PRC.

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
CNY4.40 +0.06 (+1.38%)
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Volume Profile
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Liquidity & share structure
Average Volume
56M
Beta
0.50
Float Shares
2.21B
Free Float %
91.4%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.94% +1.13% -1.11% -13.55% -16.12% -18.04% +39.95% +54.02% +47.25% -12.99% +944.85%
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
4.40
DCF (Unlevered) 4.19 -4.7%
DCF (Levered) 4.45 +1.1%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 100% Bullish
Rating 2024-11 Change
Strong Buy 1 0
Buy 2 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
1.04
Distress
Piotroski F-Score
7 / 9
Strong
MOAT Score
3 / 10
No MOAT
Composite Rating
C+
Overall Score
2 / 5
Medium
DCF Score
4 / 5
High
ROE Score
1 / 5
Low
ROA Score
2 / 5
Medium
D/E Score
3 / 5
Medium
P/E Score
1 / 5
Low
P/Book Score
2 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Regulated Gas: +4.9%
    -3.5% Q1'26: +0.4% (vs Q1'25)
  • EPS growth Regulated Gas: +13.8%
    +75.0% Q1'26: -73.8% (vs Q1'25)
  • FCF margin FCF growth · Regulated Gas: +30.8%
    +15.2% Q1'26: +16.6% (vs Q1'25)
  • EBIT margin Regulated Gas: +12.9%
    +13.0% Q1'26: +8.6% (vs Q1'25)
  • ROIC Regulated Gas: +4.7%
    +5.2% Q1'26: +3.6% (vs Q1'25)
  • Share dilution Regulated Gas: 0.0%
    +1.8% Q1'26: -0.1% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Regulated Gas: 2.21×
    4.73× Q1'26: 10.44× (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 (0.87) × ERP
WACC = 74% × Ke + 26% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 4.15 Current price: 4.40
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 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
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.
Dec 2029
1 Rev. Ana.
1 EPS Ana.
Revenue
4.53B
est: 4.66B (-2.7%)
4.70B
est: 4.73B (-0.7%)
5.07B
est: 4.99B (+1.5%)
5.60B
est: 5.29B (+5.9%)
4.91B
est: 5.58B (-11.9%)
6.34B
est: 4.66B (+35.9%)
6.11B
est: 4.73B (+29.2%)
4.73B
4.73B – 4.73B
+0.0% YoY
4.99B
4.99B – 4.99B
+5.5% YoY
5.29B
5.29B – 5.29B
+5.8% YoY
5.58B
5.58B – 5.58B
+5.5% YoY
EBITDA
485.55M
est: 477.94M (+1.6%)
500.41M
est: 485.08M (+3.2%)
340.40M
est: 511.94M (-33.5%)
623.93M
est: 541.77M (+15.2%)
583.17M
est: 571.70M (+2.0%)
601.82M
est: 1.28B (-53.0%)
1.19B
est: 1.30B (-8.2%)
1.30B
1.30B – 1.30B
+0.0% YoY
1.37B
1.37B – 1.37B
+5.5% YoY
1.45B
1.45B – 1.45B
+5.8% YoY
1.53B
1.53B – 1.53B
+5.5% YoY
EBIT
131.23M
est: 198.09M (-33.8%)
131.71M
est: 201.05M (-34.5%)
-64.45M
est: 212.18M (-130.4%)
252.21M
est: 224.54M (+12.3%)
236.83M
est: 236.95M (0.0%)
234.81M
est: 956.28M (-75.4%)
792.72M
est: 970.57M (-18.3%)
970.57M
970.57M – 970.57M
+0.0% YoY
1.02B
1.02B – 1.02B
+5.5% YoY
1.08B
1.08B – 1.08B
+5.8% YoY
1.14B
1.14B – 1.14B
+5.5% YoY
Net Income
547.64M
est: 553.73M (-1.1%)
474.13M
est: 553.73M (-14.4%)
478.49M
est: 495.44M (-3.4%)
526.47M
est: 495.44M (+6.3%)
515.23M
est: 524.59M (-1.8%)
233.15M
est: 563.45M (-58.6%)
415.17M
est: 563.45M (-26.3%)
563.45M
563.45M – 563.45M
+0.0% YoY
504.14M
504.14M – 504.14M
-10.5% YoY
504.14M
504.14M – 504.14M
+0.0% YoY
533.79M
533.79M – 533.79M
+5.9% YoY
SGA
518.15M
est: 527.61M (-1.8%)
549.53M
est: 535.49M (+2.6%)
578.42M
est: 565.14M (+2.4%)
622.13M
est: 598.07M (+4.0%)
630.45M
est: 631.11M (-0.1%)
695.33M
est: 424.28M (+63.9%)
107.45M
est: 430.62M (-75.0%)
430.62M
430.62M – 430.62M
+0.0% YoY
454.46M
454.46M – 454.46M
+5.5% YoY
480.94M
480.94M – 480.94M
+5.8% YoY
507.51M
507.51M – 507.51M
+5.5% YoY
EPS
0.22
est: 0.19 (+15.8%)
0.16
est: 0.19 (-15.8%)
0.16
est: 0.17 (-4.6%)
0.18
est: 0.17 (+4.9%)
0.17
est: 0.18 (-3.1%)
0.08
est: 0.19 (-57.9%)
0.14
est: 0.19 (-26.3%)
0.19
0.19 – 0.19
+0.0% YoY
0.17
0.17 – 0.17
-10.5% YoY
0.17
0.17 – 0.17
+0.0% YoY
0.18
0.18 – 0.18
+5.9% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-11 C+ 2/5 4/5 1/5 2/5 3/5 1/5 2/5
2026-05-08 B- 2/5 4/5 1/5 3/5 3/5 1/5 2/5
2026-05-07 B- 2/5 4/5 1/5 3/5 3/5 1/5 2/5
2026-05-06 B- 2/5 4/5 1/5 3/5 3/5 1/5 2/5
2026-04-30 B- 3/5 4/5 2/5 3/5 3/5 1/5 2/5
2026-04-29 B- 3/5 4/5 2/5 4/5 2/5 1/5 2/5
2026-04-28 B- 3/5 4/5 2/5 4/5 2/5 1/5 2/5
2026-04-27 B- 3/5 4/5 2/5 4/5 2/5 1/5 2/5
2026-04-24 B- 3/5 4/5 2/5 4/5 2/5 1/5 2/5
2026-04-23 B- 3/5 4/5 2/5 4/5 2/5 1/5 2/5
2026-04-22 B- 3/5 4/5 2/5 4/5 2/5 1/5 2/5
2026-04-21 B- 3/5 4/5 2/5 4/5 2/5 1/5 2/5
2026-04-20 B- 3/5 4/5 2/5 4/5 2/5 1/5 2/5
2026-04-17 B- 3/5 4/5 2/5 4/5 2/5 1/5 2/5
2026-04-16 B- 2/5 3/5 2/5 4/5 2/5 1/5 2/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
398.81M
OE per share TTM
0.14
Owner's Yield
2.51%
Maintenance CapEx ratio
377.02%
Maint CapEx / Avg PPE
91.9%

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 19 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 iShares Global Infrastructure UCITS ETF IDIN.L 0.00% 124.5K 0.65%
2 iShares Global Infrastructure UCITS ETF Accum USD CBUX.DE 0.00% 9.0K 0.65%
3 Vanguard FTSE Emerging Markets All Cap Index ETF VEE.TO 0.00% 32.8K 0.26%
4 Vanguard FTSE Emerging Markets Shares ETF VGE.AX 0.00% 14.6K 0.48%
5 Vanguard FTSE Emerging Markets ETF VWO 0.00% 1.62M 0.06%
6 Vanguard FTSE Emerging Markets UCITS ETF (USD) Accumulating VFEA.L 0.00% 44.6K 0.17%
7 Vanguard FTSE Emerging Markets UCITS ETF (USD) Distributing VDEM.L 0.00% 44.6K 0.17%
8 Vanguard All-World ex-US Shares Index ETF VEU.AX 0.00% 13.0K 0.04%
9 Vanguard FTSE All-World ex-US ETF VEU 0.00% 278.9K 0.04%
10 Vanguard Total International Stock ETF VXUS 0.00% 1.70M 0.05%

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
282.8K
Shares Outstanding
2.42B

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
Jiawei Liang Chief Executive Officer, President & Executive Director 2M male
Guoping Yang Executive Chairman of the Board 2M male
Fei Zhao Secretary to the Board & GM of Legal Department female
Baoping Wang Executive Director male
Jun Hu Head of the Accounting Institution & Deputy Financial Director
Rongzheng Zhang Executive Vice President female
Yun Jiang Executive Vice President & Chief Financial Officer 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