---
title: "Qianjiang Water Resources Development Co.,Ltd. (600283.SH)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/600283.SH.md"
symbol: "600283.SH"
name: "Qianjiang Water Resources Development Co.,Ltd."
industry: "Water Utilities"
datetime: "2026-05-20T22:48:18.434Z"
locales:
  - [en](https://longbridge.com/en/quote/600283.SH.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/600283.SH.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/600283.SH.md)
---

# Qianjiang Water Resources Development Co.,Ltd. (600283.SH)

## Company Overview

Qian Jiang Water Resources Development Co.,Ltd, together with its subsidiaries, produces and supplies tap water in China. It engages in the operation of sewage treatment plants; and installation of municipal water pipelines. The company was founded in 1998 and is headquartered in Hangzhou, China.

| Item | Detail |
|------|--------|
| Industry | Water Utilities |
| Exchange | CN Market |
| Website | [www.qjwater.com](https://www.qjwater.com) |

## Key Drivers
> *AI-analyzed key factors driving this stock's performance*


## Longbridge Financial Score™: C
> *Longbridge Financial Score™ — Proprietary multi-factor rating model by Longbridge*
> Updated: 2026-05-20T04:30:09.000Z

**Overall: C (0.51)**

**Industry**: Water Utilities

| Metric | Value |
|--------|-------|
| Industry Ranking | 14 / 23 |
| Industry Median | C |
| Industry Average | C |

- **Style**: Value - Stocks where the company's main business is in a mature stage.
- **Scale**: Small - The company's operation has a high degree of growth and volatility, making it easy to achieve high investment returns.

**Multi Score**: C

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 9.52% |  |
| Net Profit YoY | -16.21% |  |
| P/B Ratio | 1.60 |  |
| Dividend Ratio | 2.75% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 5101347758.27 |  |
| Revenue | 2586692972.82 |  |

#### Multi Score Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 6.36% | C |
| Profit Margin | 7.75% | B |
| Gross Margin | 40.89% | B |
| Revenue YoY | 9.52% | B |
| Net Profit YoY | -16.21% | D |
| Total Assets YoY | 1.40% | C |
| Net Assets YoY | 2.34% | C |
| Cash Flow Margin | 136.30% | B |
| OCF YoY | 9.52% | B |
| Turnover | 0.27 | D |
| Gearing Ratio | 58.83% | D |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Qianjiang Water Resources Development Co.,Ltd.",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "9.52%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "-16.21%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "1.60",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "2.75%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "5101347758.27",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "2586692972.82",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "C",
      "indicators": [
        {
          "name": "ROE",
          "value": "6.36%",
          "rating": "C"
        },
        {
          "name": "Profit Margin",
          "value": "7.75%",
          "rating": "B"
        },
        {
          "name": "Gross Margin",
          "value": "40.89%",
          "rating": "B"
        },
        {
          "name": "Revenue YoY",
          "value": "9.52%",
          "rating": "B"
        },
        {
          "name": "Net Profit YoY",
          "value": "-16.21%",
          "rating": "D"
        },
        {
          "name": "Total Assets YoY",
          "value": "1.40%",
          "rating": "C"
        },
        {
          "name": "Net Assets YoY",
          "value": "2.34%",
          "rating": "C"
        },
        {
          "name": "Cash Flow Margin",
          "value": "136.30%",
          "rating": "B"
        },
        {
          "name": "OCF YoY",
          "value": "9.52%",
          "rating": "B"
        },
        {
          "name": "Turnover",
          "value": "0.27",
          "rating": "D"
        },
        {
          "name": "Gearing Ratio",
          "value": "58.83%",
          "rating": "D"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 25.04 | 8/23 | 23.91 | 23.03 | 22.27 |
| PB | 1.58 | 14/23 | 1.80 | 1.73 | 1.66 |
| PS (TTM) | 1.94 | 9/23 | 2.37 | 2.22 | 2.11 |
| Dividend Yield | 2.80% | 8/23 | 2.74% | 2.67% | 2.55% |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | BESTOO (001376.SZ) | B | C | B | B | C | B |
| 02 | Kingfore Energy (001210.SZ) | B | B | C | B | B | B |
| 03 | GRANDBLUE ENV (600323.SH) | B | A | D | D | B | C |
| 04 | Chongqing Water (601158.SH) | C | C | D | C | B | C |
| 05 | XREC (000598.SZ) | B | C | D | D | C | C |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/600283.SH/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/600283.SH/norm.md)
- [Related News](https://longbridge.com/en/quote/600283.SH/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/600283.SH/filings.md)

---

> **Disclaimer: This article is for reference only and does not constitute any investment advice.**