Shenzhen Urban Transport Planning Center 深城交
7 significant filings since 29 May 2026: 6 on share issue and 1 on dividend. The latest, on 4 Jul 2026: 2025年度向特定对象发行股票募集说明书（注册稿）.
自 29 May 2026 起有 7 份重大公告：share issue 6 份、dividend 1 份。最新一份（4 Jul 2026）：2025年度向特定对象发行股票募集说明书（注册稿）。
As of 25 Sep 2026 截至2026年9月25日
Shenzhen Urban Transport Planning Center 深城交 is an engineering consultancy listed on the Shenzhen Stock Exchange since 29 Oct 2021. The company reported a decline in full-year 2025 revenue to RMB1.21bn from RMB1.32bn in 2024, with attributable net profit falling to RMB61.2m from RMB105.7m. Profit quality weakened, as operating cash flow per share was -RMB0.08 in 2025, compared to RMB0.23 in 2024. Receivables remain high, taking 401 days to collect. The share price fell 43.7% over one year. However, the first half of 2026 showed improvement, with revenue up 49.7% and net profit turning to profit from a loss. The company maintains a strong balance sheet with liabilities to assets at 29.0% as of 30 Jun 2026.
深城交是一家工程咨询服务公司，于2021年10月29日在深圳证券交易所上市。2025年营业收入降至12.05亿元，2024年为13.16亿元；归母净利润降至6,116.6万元，2024年为1.06亿元。盈利质量下降，2025年每股经营现金流为-0.08元，2024年为0.23元。应收账款周转天数达401天，回款周期长。股价一年内下跌43.7%。但2026年上半年改善明显，营业收入同比增长49.7%，归母净利润扭亏为盈。截至2026年6月30日，资产负债率为29.0%，财务结构稳健。
| 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。 | A cash outflow from operations indicates the core business did not generate cash, which may strain liquidity and limit the ability to invest or pay obligations. The operating cash flow to net profit ratio was -0.64x in 2025. 经营现金流净流出表明主营业务未能产生现金，可能影响流动性，限制投资或偿债能力。2025年经营现金流与净利润之比为-0.64倍。 |
| Receivables take over 180 days to collect 应收账款周转天数超过180天 | Receivables take over 180 days to collect. 应收账款回款周期超过180天。 | Long collection periods tie up capital and increase credit risk. At 401 days, receivables are highly illiquid and may lead to cash shortfalls or bad debt losses. 回款周期过长占用资金，增加信用风险。401天的周转天数表明应收账款流动性极差，可能导致现金流紧张或坏账损失。 |
| Share price down 40% or more in a year 股价一年下跌40%或以上 | The share price fell more than 40% in one year. 股价一年内下跌超过40%。 | A sharp price decline reduces market valuation and may impair the company’s ability to raise capital. The one-year change was -43.7%. 股价大幅下跌会降低市场估值，可能影响公司融资能力。一年涨跌幅为-43.7%。 |
- Change in attributable net profit for the full year 2026 compared to 2025.
2026年全年归母净利润较2025年的变动情况。 - Operating cash flow per share in the 2026 full-year report.
2026年全年每股经营现金流。 - Receivable days as of 31 Dec 2026 in the next balance sheet.
截至2026年12月31日的应收账款周转天数。 - Revenue growth in the second half of 2026 compared to the first half.
2026年下半年营业收入较上半年的增长情况。 - Any change in the controlling shareholder's shareholding by the next filing date.
下一公告日前控股股东持股比例的变化。 - Whether the company reports a cash dividend for 2026 by the next distribution announcement.
公司在下次分红公告中是否披露2026年度现金分红。
- Company: Shenzhen Urban Transport Planning Center 深城交, Shenzhen Stock Exchange 301091; industry Engineering Consultancy; listed 29 Oct 2021.
公司：深城交，深圳证券交易所 301091；行业：工程咨询服务；上市日期：2021年10月29日。 - Close on 24 Sep 2026 RMB19.63; close on 24 Sep 2025 RMB34.92, RMB34.89 in today's terms; one-year change, adjusted for distributions and share changes -43.7%.
2026年9月24日收盘价19.63元；2025年9月24日收盘价34.92元（前复权34.89元）；一年涨跌幅（复权）-43.7%。 - 52-week range in today's terms, adjusted for distributions and share changes RMB14.75 to RMB35.77.
52周区间（前复权）14.75元至35.77元。 - In the last 12 months 1 trading days closed 9% or more above or below the day before (all days, not only this year). The 1 most recent of them: 16 Apr 2026 +10.3%.
近12个月共有1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1个：2026年4月16日 +10.3%。 - Market capitalisation RMB10.35bn; P/E TTM 94.9; price to book 4.27x.
总市值103.51亿元；市盈率（TTM）94.9；市净率4.27倍。 - Revenue 2025 RMB1.21bn; 2024 RMB1.32bn; change -8.4%.
营业收入2025年12.05亿元；2024年13.16亿元；同比-8.4%。 - Attributable net profit 2025 RMB61.2m; 2024 RMB105.7m; change -42.1%.
归属于母公司股东的净利润2025年6,116.6万元；2024年1.06亿元；同比-42.1%。 - Net profit excluding non-recurring items, 2025 change -23.5%.
2025年扣除非经常性损益后的净利润同比-23.5%。 - Basic EPS 2025 RMB0.12; 2024 RMB0.20.
基本每股收益2025年0.12元；2024年0.20元。 - Operating cash flow per share 2025 -RMB0.08; 2024 RMB0.23; operating cash flow to net profit -0.64x.
每股经营现金流2025年-0.08元；2024年0.23元；经营现金流与净利润之比-0.64倍。 - 2025 gross margin 40.6%; net margin 5.8%; ROE 2.6%.
2025年毛利率40.6%；净利率5.8%；净资产收益率2.6%。 - At 30 Jun 2026: liabilities to assets 29.0%; current ratio 2.68; quick ratio 2.48; receivable days 401; inventory days 82.
截至2026年6月30日：资产负债率29.0%；流动比率2.68；速动比率2.48；应收账款周转天数401；存货周转天数82。 - Period to 30 Jun 2026 (six months, not comparable with the full years above): revenue RMB621.4m, change +49.7%; attributable net profit RMB38.5m, change +510.1% (from a loss to a profit); operating cash flow per share -RMB0.29.
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6.21亿元，同比+49.7%；归母净利润3,854.4万元，同比+510.1%（扭亏为盈）；每股经营现金流-0.29元。 - Ownership: controlling shareholder 深圳市智慧城市科技发展集团有限公司; actual controller 深圳市人民政府国有资产监督管理委员会; largest holder at 30 Jun 2026: 深圳市智慧城市科技发展集团有限公司, 30.00%.
股权：控股股东：深圳市智慧城市科技发展集团有限公司；实际控制人：深圳市人民政府国有资产监督管理委员会；2026年6月30日第一大股东：深圳市智慧城市科技发展集团有限公司，持股30.00%。 - Latest distribution: ex-date 26 Jun 2026, cash RMB0.01 per share.
最近一次分配：除权除息日2026年6月26日，每股现金0.01元。 - Aurelian Grade C, score 63.7 of 100, graded within a peer group of 46 companies in its industry; no rank among peers is given.
金源评级C，得分63.7（满分100），于行业同业46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。