Shanghai Waigaoqiao Free Trade Zone 外高B股
No significant filings since 31 May 2026.
自 31 May 2026 起无重大公告。
Price History 价格走势
7,884 trading days 个交易日 · High 最高 $1.98 · Low 最低 $0.06As of 25 Sep 2026 截至2026年9月25日
Shanghai Waigaoqiao Free Trade Zone 外高B股, listed in 1993, operates in an undisclosed industry. The company reported revenue of RMB5.97bn in 2025, down 17.5%, with attributable net profit of RMB935.3m, down 1.7%. Net profit excluding non-recurring items fell sharply by 80.8%. Operating cash flow per share was -RMB0.06 in 2025, indicating a cash outflow from operations. In the six months to 30 Jun 2026, revenue rose 14.0% to RMB3.26bn and profit increased 7.3% to RMB109.8m, but operating cash flow per share worsened to -RMB0.44. The company’s liabilities to assets ratio was 65.7% at mid-2026. The controlling shareholder is 上海外高桥资产管理有限公司, which holds 43.61%. The facts show persistent operating cash outflows as a key risk.
外高B股于1993年上市，行业未披露。2025年营业收入59.69亿元，同比-17.5%；归母净利润9.35亿元，同比-1.7%；扣非净利润同比-80.8%。2025年每股经营现金流-0.06元，显示经营现金流为净流出。截至2026年6月30日的六个月内，营业收入32.55亿元，同比+14.0%；归母净利润1.10亿元，同比+7.3%；每股经营现金流-0.44元，现金流出扩大。2026年6月30日资产负债率为65.7%。控股股东为上海外高桥资产管理有限公司，持股43.61%。事实显示，经营现金流持续为负是主要风险。
| Flag 标记 | Risk 风险 | Mechanism 影响机制 |
|---|---|---|
| Operating cash outflow 经营现金净流出 | The company faces operating cash outflow risk. 公司面临经营现金流净流出风险。 | In 2025, operating cash flow per share was -RMB0.06, and the ratio of operating cash flow to net profit was -0.08x, indicating cash outflow from core operations. In the first half of 2026, the outflow widened to -RMB0.44 per share. This weakens liquidity and raises concerns about the sustainability of earnings. 2025年每股经营现金流为-0.06元，经营现金流与净利润之比为-0.08倍，显示主业现金流出。2026年上半年进一步恶化至-0.44元。这削弱流动性，引发盈利可持续性担忧。 |
- Operating cash flow per share in the full-year 2026 report
2026年全年每股经营现金流 - Change in attributable net profit for full-year 2026
2026年全年归母净利润变动 - Liabilities to assets ratio at year-end 2026
2026年末资产负债率 - Revenue growth in the second half of 2026 compared to the same period in 2025
2026年下半年收入增长与2025年同期比较 - Net profit excluding non-recurring items in 2026
2026年扣除非经常性损益后的净利润 - Pledge or freeze status of shares held by the controlling shareholder
控股股东持股质押或冻结情况
- Company: Shanghai Waigaoqiao Free Trade Zone 外高B股, Shanghai Stock Exchange 900912; industry not shown; listed 26 Jul 1993.
公司：外高B股，上海证券交易所 900912；行业：未披露；上市日期：1993年7月26日。 - Close on 24 Sep 2026 US$0.64; close on 24 Sep 2025 US$0.75, US$0.69 in today's terms; one-year change, adjusted for distributions and share changes -8.3%.
2026年9月24日收盘价0.64美元；2025年9月24日收盘价0.75美元（前复权0.69美元）；一年涨跌幅（复权）-8.3%。 - 52-week range in today's terms, adjusted for distributions and share changes US$0.59 to US$0.70.
52周区间（前复权）0.59美元至0.70美元。 - Market capitalisation US$865.0m; P/E TTM 6.4; price to book not shown.
总市值8.65亿美元；市盈率（TTM）6.4；市净率未披露。 - Revenue 2025 RMB5.97bn; change -17.5%.
营业收入2025年59.69亿元；同比-17.5%。 - Attributable net profit 2025 RMB935.3m; change -1.7%.
归属于母公司股东的净利润2025年9.35亿元；同比-1.7%。 - Net profit excluding non-recurring items, 2025 change -80.8%.
2025年扣除非经常性损益后的净利润同比-80.8%。 - Basic EPS 2025 RMB0.73.
基本每股收益2025年0.73元。 - Operating cash flow per share 2025 -RMB0.06; operating cash flow to net profit -0.08x.
每股经营现金流2025年-0.06元；经营现金流与净利润之比-0.08倍。 - 2025 gross margin 27.6%; net margin 16.1%; ROE 6.3%.
2025年毛利率27.6%；净利率16.1%；净资产收益率6.3%。 - At 30 Jun 2026: liabilities to assets 65.7%; current ratio 1.16; quick ratio 0.45; receivable days 46; inventory days 925.
截至2026年6月30日：资产负债率65.7%；流动比率1.16；速动比率0.45；应收账款周转天数46；存货周转天数925。 - Period to 30 Jun 2026 (six months, not comparable with the full years above): revenue RMB3.26bn, change +14.0%; attributable net profit RMB109.8m, change +7.3%; operating cash flow per share -RMB0.44.
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32.55亿元，同比+14.0%；归母净利润1.10亿元，同比+7.3%；每股经营现金流-0.44元。 - Ownership: actual controller 上海市浦东新区国有资产监督管理委员会; controlling shareholder 上海外高桥资产管理有限公司; largest holder at 30 Jun 2026: 上海外高桥资产管理有限公司, 43.61%.
股权：实际控制人：上海市浦东新区国有资产监督管理委员会；控股股东：上海外高桥资产管理有限公司；2026年6月30日第一大股东：上海外高桥资产管理有限公司，持股43.61%。 - 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。 - 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。