Shanghai Rural Commercial Bank XD沪农商
6 significant filings since 31 May 2026: 3 on dividend, 2 on new listing and 1 on major holder buying. The latest, on 17 Sep 2026: 上海农村商业银行股份有限公司2026年半年度权益分派实施公告.
自 31 May 2026 起有 6 份重大公告：dividend 3 份、new listing 2 份、major holder buying 1 份。最新一份（17 Sep 2026）：上海农村商业银行股份有限公司2026年半年度权益分派实施公告。
Price History 价格走势
1,238 trading days 个交易日 · High 最高 ¥9.38 · Low 最低 ¥4.08As of 25 Sep 2026 截至2026年9月25日
Shanghai Rural Commercial Bank 沪农商, listed on the Shanghai Stock Exchange as 601825, operates in the banking industry and was listed on 19 Aug 2021. The bank reported a marginal increase in attributable net profit to RMB12.31bn in 2025 from RMB12.288bn in 2024, with revenue declining slightly by 2.9% to RMB25.87bn. Net profit excluding non-recurring items rose by 1.7%. The bank's operating cash flow per share turned negative in 2025 at -RMB1.18, compared to RMB5.31 in 2024, indicating a significant deterioration in cash generation from operations. The operating cash flow to net profit ratio was -0.90x, showing weak cash conversion. At 30 Jun 2026, the bank's liabilities to assets ratio stood at 91.7%. For the period to 30 Jun 2026, operating cash flow per share was RMB3.03.
沪农商（601825）为银行业上市公司，于2021年8月19日在上海证券交易所上市。2025年归属于母公司股东的净利润为123.13亿元，较2024年的122.88亿元略有增长；营业收入为258.70亿元，同比下降2.9%。扣除非经常性损益后的净利润同比增长1.7%。2025年每股经营现金流为-1.18元，较2024年的5.31元大幅下滑，经营现金流与净利润之比为-0.90倍，显示盈利变现能力减弱。截至2026年6月30日，资产负债率为91.7%。截至2026年6月30日的报告期，每股经营现金流为3.03元。
| Flag 标记 | Risk 风险 | Mechanism 影响机制 |
|---|---|---|
| Operating cash outflow 经营现金净流出 | The company generated an operating cash outflow in 2025. 公司2025年经营现金流为净流出。 | An operating cash outflow indicates the company is spending more cash than it generates from core operations, which can strain liquidity and limit its ability to service debt or fund growth. This weakens financial resilience, especially if sustained. 经营现金流净流出表明公司核心业务产生的现金不足以覆盖支出，可能影响偿债能力或投资能力，若持续存在将削弱财务稳健性。 |
- Operating cash flow per share for the full year 2026.
2026全年每股经营现金流。 - Attributable net profit for the full year 2026.
2026全年归属于母公司股东的净利润。 - Liabilities to assets ratio at 31 Dec 2026.
2026年12月30日的资产负债率。 - Revenue change for the full year 2026 compared to 2025.
2026全年营业收入较2025年的同比变化。 - Net profit excluding non-recurring items growth in 2026.
2026年扣除非经常性损益后的净利润同比增幅。 - Basic EPS for the full year 2026.
2026全年基本每股收益。
- Company: Shanghai Rural Commercial Bank 沪农商, Shanghai Stock Exchange 601825; industry Banks; listed 19 Aug 2021.
公司：沪农商，上海证券交易所 601825；行业：银行；上市日期：2021年8月19日。 - Close on 24 Sep 2026 RMB8.70; close on 24 Sep 2025 RMB8.67, RMB7.99 in today's terms; one-year change, adjusted for distributions and share changes +8.8%.
2026年9月24日收盘价8.70元；2025年9月24日收盘价8.67元（前复权7.99元）；一年涨跌幅（复权）+8.8%。 - 52-week range in today's terms, adjusted for distributions and share changes RMB7.28 to RMB9.05.
52周区间（前复权）7.28元至9.05元。 - Market capitalisation RMB83.91bn; P/E TTM 6.8; price to book 0.63x.
总市值839.07亿元；市盈率（TTM）6.8；市净率0.63倍。 - Revenue 2025 RMB25.87bn; 2024 RMB26.64bn; change -2.9%.
营业收入2025年258.70亿元；2024年266.41亿元；同比-2.9%。 - Attributable net profit 2025 RMB12.31bn; 2024 RMB12.29bn; change +0.2%.
归属于母公司股东的净利润2025年123.13亿元；2024年122.88亿元；同比+0.2%。 - Net profit excluding non-recurring items, 2025 change +1.7%.
2025年扣除非经常性损益后的净利润同比+1.7%。 - Basic EPS 2025 RMB1.28; 2024 RMB1.27.
基本每股收益2025年1.28元；2024年1.27元。 - Operating cash flow per share 2025 -RMB1.18; 2024 RMB5.31; operating cash flow to net profit -0.90x.
每股经营现金流2025年-1.18元；2024年5.31元；经营现金流与净利润之比-0.90倍。 - 2025 gross margin not shown; net margin 48.9%; ROE 9.7%.
2025年毛利率未披露；净利率48.9%；净资产收益率9.7%。 - At 30 Jun 2026: liabilities to assets 91.7%; current ratio not shown; quick ratio not shown; receivable days not shown; inventory days not shown.
截至2026年6月30日：资产负债率91.7%；流动比率未披露；速动比率未披露；应收账款周转天数未披露；存货周转天数未披露。 - Period to 30 Jun 2026 (six months, not comparable with the full years above): revenue RMB13.69bn, change +1.8%; attributable net profit RMB7.07bn, change +0.9%; operating cash flow per share RMB3.03.
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136.88亿元，同比+1.8%；归母净利润70.73亿元，同比+0.9%；每股经营现金流3.03元。 - Ownership: largest holder at 30 Jun 2026: 上海国有资产经营有限公司, 9.29%.
股权：2026年6月30日第一大股东：上海国有资产经营有限公司，持股9.29%。 - Latest distribution: ex-date 24 Sep 2026, cash RMB0.25 per share.
最近一次分配：除权除息日2026年9月24日，每股现金0.25元。 - Aurelian Grade C, score 61.3 of 100, graded within a peer group of 42 companies in its industry; no rank among peers is given.
金源评级C，得分61.3（满分100），于行业同业42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。