Shear test results for a composite wall panel in a light composite structure system are compared with test results for shear walls in Japan in this paper. The analysis results show that this kind of composite wall panel works very well, and can be regarded as a solid panel. The composite wall panel with a hidden frame is essential for bringing its effect on shear resistance into full play. Comprehensive analysis of the shear-resistant behavior of the composite wall panel suggests that the shear of the composite shear wall panel can be controlled by the cracking strength of the web shearing diagonal crack. Shear test results for a composite wall panel in a light composite structure system are compared with test results for shear walls in Japan in this paper. The analysis results show that this kind of composite wall panel works very well, and can be regarded as a solid panel. The composite wall panel with a hidden frame is essential for bringing its effect on shear resistance into full play. Comprehensive analysis of the shear-resistant behavior of the composite wall panel suggests that the shear of the composite shear wall panel can be controlled by the cracking strength of the web shearing diagonal crack.