---
title: "Shanghai Waigaoqiao Free Trade Zone Group Co., Ltd. (600648.SH)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/600648.SH.md"
symbol: "600648.SH"
name: "Shanghai Waigaoqiao Free Trade Zone Group Co., Ltd."
industry: "Trading Companies and Distributors"
datetime: "2026-05-21T17:37:46.368Z"
locales:
  - [en](https://longbridge.com/en/quote/600648.SH.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/600648.SH.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/600648.SH.md)
---

# Shanghai Waigaoqiao Free Trade Zone Group Co., Ltd. (600648.SH)

## Company Overview

Shanghai Waigaoqiao Free Trade Zone Group Co., Ltd. engages in the trade and logistic, and real estate development business in China. The company is also involved in the investment, construction, operation, and industrial organization of factories, warehouses, and office buildings, as well as urban renewal operation. In addition, it provides trade service solutions, including import and export agency, display sales, warehousing, and distribution services.

| Item | Detail |
|------|--------|
| Industry | Trading Companies and Distributors |
| Exchange | CN Market |
| Website | [www.china-ftz.com](https://www.china-ftz.com) |

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


## Longbridge Financial Score™: D
> *Longbridge Financial Score™ — Proprietary multi-factor rating model by Longbridge*
> Updated: 2026-05-21T04:30:13.000Z

**Overall: D (0.67)**

**Industry**: Trading Companies and Distributors

| Metric | Value |
|--------|-------|
| Industry Ranking | 33 / 42 |
| 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**: D

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | -18.25% |  |
| Net Profit YoY | -4.59% |  |
| P/B Ratio | 0.84 |  |
| Dividend Ratio | 3.55% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 13369384544.14 |  |
| Revenue | 5951855710.65 |  |

#### Multi Score Score: D

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 6.27% | C |
| Profit Margin | 15.25% | A |
| Gross Margin | 28.01% | C |
| Revenue YoY | -18.25% | E |
| Net Profit YoY | -4.59% | C |
| Total Assets YoY | 8.81% | B |
| Net Assets YoY | 22.01% | A |
| Cash Flow Margin | 47.79% | C |
| OCF YoY | -18.25% | E |
| Turnover | 0.13 | E |
| Gearing Ratio | 65.96% | D |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Shanghai Waigaoqiao Free Trade Zone Group Co., Ltd.",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "-18.25%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "-4.59%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "0.84",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "3.55%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "13369384544.14",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "5951855710.65",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "D",
      "indicators": [
        {
          "name": "ROE",
          "value": "6.27%",
          "rating": "C"
        },
        {
          "name": "Profit Margin",
          "value": "15.25%",
          "rating": "A"
        },
        {
          "name": "Gross Margin",
          "value": "28.01%",
          "rating": "C"
        },
        {
          "name": "Revenue YoY",
          "value": "-18.25%",
          "rating": "E"
        },
        {
          "name": "Net Profit YoY",
          "value": "-4.59%",
          "rating": "C"
        },
        {
          "name": "Total Assets YoY",
          "value": "8.81%",
          "rating": "B"
        },
        {
          "name": "Net Assets YoY",
          "value": "22.01%",
          "rating": "A"
        },
        {
          "name": "Cash Flow Margin",
          "value": "47.79%",
          "rating": "C"
        },
        {
          "name": "OCF YoY",
          "value": "-18.25%",
          "rating": "E"
        },
        {
          "name": "Turnover",
          "value": "0.13",
          "rating": "E"
        },
        {
          "name": "Gearing Ratio",
          "value": "65.96%",
          "rating": "D"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 14.64 | 6/42 | 21.07 | 16.82 | 15.85 |
| PB | 0.83 | 7/42 | 0.99 | 0.96 | 0.92 |
| PS (TTM) | 2.23 | 31/42 | 2.23 | 2.12 | 2.06 |
| Dividend Yield | 3.57% | 7/42 | 3.46% | 3.29% | 3.12% |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | CITIC Metal (601061.SH) | C | B | A | D | B | B |
| 02 | FFEC (600203.SH) | D | A | A | E | A | B |
| 03 | GDMZH (600382.SH) | B | A | D | A | A | B |
| 04 | W-OLF TECH (002962.SZ) | D | C | C | A | B | B |
| 05 | HIQ Energy (600753.SH) | B | A | A | C | B | B |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/600648.SH/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/600648.SH/norm.md)
- [Related News](https://longbridge.com/en/quote/600648.SH/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/600648.SH/filings.md)

---

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