Shanggong Group 上工申贝
5 significant filings since 1 Jun 2026: 4 on change of interest and 1 on earnings pre-announcement. The latest, on 29 Jul 2026: 关于国有股份非公开协议转让过户完成公告.
自 1 Jun 2026 起有 5 份重大公告：change of interest 4 份、earnings pre-announcement 1 份。最新一份（29 Jul 2026）：关于国有股份非公开协议转让过户完成公告。
Price History 价格走势
250 trading days 个交易日 · High 最高 ¥13.73 · Low 最低 ¥6.23As of 25 Sep 2026 截至2026年9月25日
Shanggong Group 上工申贝, listed on the Shanghai Stock Exchange as 600843, operates in the Special-purpose Machinery industry and was listed on 11 Mar 1994. The company reported a narrower net loss in 2025 at -RMB142.2m compared to -RMB244.2m in 2024, with revenue slightly down at RMB4.35bn from RMB4.41bn. Despite the improved loss, net profit excluding non-recurring items declined by 26.6%. Operating cash flow per share turned negative at -RMB0.08 in 2025 from RMB0.18 in 2024. As of 30 Jun 2026, the company had a healthy balance sheet with a current ratio of 1.63 and liabilities to assets at 54.1%. However, the stock has declined 32.6% over the past year, closing at RMB8.37 on 24 Sep 2026. The company remains loss-making, and cash outflows from operations raise concerns about near-term financial resilience.
上工申贝（600843）于1994年3月11日在上交所上市，属于专用设备行业。2025年归母净利润亏损收窄至-1.42亿元，较2024年-2.44亿元有所改善，营业收入微降至43.51亿元，较上年44.11亿元下降1.4%。但扣非后净利润同比下降26.6%。每股经营现金流由2024年0.18元转为2025年-0.08元。截至2026年6月30日，资产负债率为54.1%，流动比率1.63，短期偿债能力尚可。过去一年股价下跌32.6%，2026年9月24日收于8.37元。公司持续亏损，经营现金流为净流出，短期财务承压。
| Flag 标记 | Risk 风险 | Mechanism 影响机制 |
|---|---|---|
| Attributable net loss in 2025 2025年归母净利润亏损 | The company reported a net loss in 2025. 公司2025年出现净亏损。 | A net loss reduces retained earnings and weakens equity. If losses persist, the company may need external financing or asset sales to meet obligations. The 2025 attributable net profit was -RMB142.2m, and the loss narrowed from -RMB244.2m in 2024, but the company remains unprofitable. 净亏损会减少留存收益，削弱股东权益。若亏损持续，公司可能需依赖外部融资或资产处置来偿债。2025年归母净利润为-1.42亿元，虽较2024年-2.44亿元亏损收窄，但仍处于亏损状态。 |
| Operating cash outflow 经营现金净流出 | Operating cash flow was negative in 2025. 2025年经营现金流为负。 | Negative operating cash flow indicates the core business is not generating sufficient cash, increasing reliance on financing or liquidity reserves. In 2025, operating cash flow per share was -RMB0.08, compared to RMB0.18 in 2024, showing a deterioration in cash generation. 经营现金流为负表明主营业务未能产生足够现金，可能增加对外部融资或流动资金的依赖。2025年每股经营现金流为-0.08元，2024年为0.18元，现金生成能力恶化。 |
- Change in attributable net profit for the full year 2026, to see if the loss continues to narrow or turns to profit.
2026全年归母净利润变动，观察亏损是否继续收窄或转为盈利。 - Operating cash flow per share in the 2026 annual report, to assess if cash generation improves from -RMB0.08 in 2025.
2026年报每股经营现金流，评估是否较2025年-0.08元改善。 - Revenue trend in the 2026 full-year report, to see if the decline reverses after the -1.4% drop in 2025.
2026全年收入趋势，观察2025年-1.4%下降后是否回升。 - Liabilities to assets ratio as of 31 Dec 2026, to monitor leverage stability beyond the 54.1% at mid-2026.
2026年末资产负债率，监测54.1%之后的杠杆水平变化。 - Net profit excluding non-recurring items for 2026, to assess underlying profitability after the -26.6% drop in 2025.
2026年扣非净利润，评估2025年同比下降26.6%后主业盈利趋势。 - Whether a dividend is declared in 2026, as no distribution has been recorded since 1 Jan 2026.
2026年是否宣布分红，因自2026年1月1日起尚无分配记录。
- Company: Shanggong Group 上工申贝, Shanghai Stock Exchange 600843; industry Special-purpose Machinery; listed 11 Mar 1994.
公司：上工申贝，上海证券交易所 600843；行业：专用设备；上市日期：1994年3月11日。 - Close on 24 Sep 2026 RMB8.37; close on 24 Sep 2025 RMB12.41; one-year change -32.6%.
2026年9月24日收盘价8.37元；2025年9月24日收盘价12.41元；一年涨跌幅-32.6%。 - 52-week range RMB6.23 to RMB13.73.
52周区间6.23元至13.73元。 - In the last 12 months 8 trading days closed 9% or more above or below the day before (all days, not only this year). The 5 most recent of them: 10 Jun 2026 +10.0%; 23 Jun 2026 +10.0%; 7 Jul 2026 -10.0%; 23 Sep 2026 +10.0%; 24 Sep 2026 +10.0%. The longest run of them on consecutive trading days: 2 days.
近12个月共有8个交易日收盘涨跌幅达9%及以上（为全部交易日，不限于今年）。其中最近5个：2026年6月10日 +10.0%；2026年6月23日 +10.0%；2026年7月7日 -10.0%；2026年9月23日 +10.0%；2026年9月24日 +10.0%。其中最长连续2个交易日。 - Market capitalisation RMB5.97bn; P/E TTM not meaningful (loss-making); price to book 2.25x.
总市值59.69亿元；市盈率（TTM）不适用（亏损）；市净率2.25倍。 - Revenue 2025 RMB4.35bn; 2024 RMB4.41bn; change -1.4%.
营业收入2025年43.51亿元；2024年44.11亿元；同比-1.4%。 - Attributable net profit 2025 -RMB142.2m; 2024 -RMB244.2m; change +41.8% (the loss narrowed).
归属于母公司股东的净利润2025年-1.42亿元；2024年-2.44亿元；同比+41.8%（亏损收窄）。 - Net profit excluding non-recurring items, 2025 change -26.6%.
2025年扣除非经常性损益后的净利润同比-26.6%。 - Basic EPS 2025 -RMB0.20; 2024 -RMB0.35.
基本每股收益2025年-0.20元；2024年-0.35元。 - Operating cash flow per share 2025 -RMB0.08; 2024 RMB0.18.
每股经营现金流2025年-0.08元；2024年0.18元。 - 2025 gross margin 16.7%; net margin -3.1%; ROE -4.9%.
2025年毛利率16.7%；净利率-3.1%；净资产收益率-4.9%。 - At 30 Jun 2026: liabilities to assets 54.1%; current ratio 1.63; quick ratio 1.18; receivable days 83; inventory days 126.
截至2026年6月30日：资产负债率54.1%；流动比率1.63；速动比率1.18；应收账款周转天数83；存货周转天数126。 - Period to 30 Jun 2026 (six months, not comparable with the full years above): revenue RMB2.21bn, change +0.9%; attributable net profit -RMB50.0m, change +28.1% (the loss narrowed); operating cash flow per share -RMB0.39.
截至2026年6月30日的报告期（六个月，不可与上述全年数据直接比较）：营业收入22.11亿元，同比+0.9%；归母净利润-5,001.7万元，同比+28.1%（亏损收窄）；每股经营现金流-0.39元。 - Ownership: largest holder at 30 Jun 2026: 上海浦科飞人投资有限公司, 8.41%.
股权：2026年6月30日第一大股东：上海浦科飞人投资有限公司，持股8.41%。 - No distribution is held in this database, which begins on 1 Jan 2026; earlier distributions are not shown.
本数据库自2026年1月1日起记录，其中无该公司的分配记录；此前的分配未予显示。 - Aurelian Grade D, score 32.3 of 100, graded within a peer group of 204 companies in its industry; no rank among peers is given.
金源评级D，得分32.3（满分100），于行业同业204家中评定；未提供其在同业中的排名。 - Not held for this report: receivable ageing, litigation case amounts, the order book, the auditor's opinion and key audit matters, segment revenue.
本报告未掌握：应收账款账龄、诉讼案件金额、在手订单、审计意见及关键审计事项、分部收入。