Core Viewpoint - Shanghai Jiubai's stock price has shown fluctuations, with a recent increase of 2.04% but a year-to-date decline of 12.15% [1][2]. Company Overview - Shanghai Jiubai Co., Ltd. was established on December 21, 1993, and listed on February 24, 1994. The company operates in various sectors including wholesale and retail of alcoholic beverages, commercial property leasing and management, equity investment, and laundry services [2]. - The company's revenue composition is as follows: commercial business 37.43%, shop leasing 32.78%, industrial 24.48%, and others 5.30% [2]. Financial Performance - For the first half of 2025, Shanghai Jiubai reported operating revenue of 45.05 million yuan, a year-on-year decrease of 1.09%, while net profit attributable to shareholders was 23.79 million yuan, a slight increase of 0.24% [2]. - Cumulative cash dividends since the A-share listing amount to 379 million yuan, with 47.71 million yuan distributed over the past three years [3]. Shareholder Information - As of June 30, 2025, the number of shareholders is 39,100, a decrease of 3.52% from the previous period, with an average of 10,255 circulating shares per shareholder, an increase of 3.65% [2]. - Notable institutional shareholders include Southern CSI Real Estate ETF and CITIC Prudential Multi-Strategy Mixed Fund, with the former being a new shareholder [3]. Market Activity - As of September 26, the stock price was 8.52 yuan per share, with a trading volume of 18.17 million yuan and a turnover rate of 0.54%. The total market capitalization stands at 3.416 billion yuan [1]. - The net inflow of main funds was 364,600 yuan, with large orders accounting for 12.40% of purchases and 10.39% of sales [1].

会上，问及公司主要物业资产的价值和出租情况、未来投资方向以及如何应对消费下行趋势，上海九百 董事、总经理戴天表示，公司目前自有房产包括长期使用权房产面积约2万平方米；公司长期参股投资 的"上海九百城市广场有限公司"产权面积约9万平方米；主要位于静安区、浦东新区、宝山区等。公司 通过在静安寺、南京西路等核心商圈自有和拥有长期使用权的商业物业，积极打造高品质商业生态圈， 提升物业能级和含金量，取得长期而稳定的收益。 上半年度，随着相关提振消费政策不断落实落细， 社会消费品零售总额保持平稳增长，消费市场回升态势有望得到巩固增强。公司将坚持围绕主营业务， 积极降本增效，全面提升经营管理水平，稳固商贸零售、商业地产、洗染服务等业务，同时积极探索创 新突破。（全景网） 9月19日下午，上海九百（600838.SH）参加主题为"沟通传递价值 信心共筑未来"——2025年上海辖区 上市公司集体接待日暨中报业绩说明会活动。 更多集体接待日详情，请点击：https://rs.p5w.net/html/175611728073329.shtml ...

为进一步加强与投资者的互动交流，上海九百股份有限公司(以 下简称：公司)将参加由中国证券监督管理委员会上海监管局指导、 上海上市公司协会及深圳市全景网络有限公司联合举办的"2025 年 上海辖区上市公司集体接待日暨中报业绩说明会活动"，现将有关事 项公告如下： 本次活动将采用网络远程的方式举行，投资者可登录"全景路演" 网站(https://rs.p5w.net/html/175611728073329.shtml)；或关注微 信公众号(名称：全景财经)；或下载全景路演 APP，参与本次互动交流。 活动时间为 2025 年 9 月 19 日(周五)15:00-17:00。届时公司高 管将在线就公司 2025 半年度业绩、公司治理、发展战略、经营状况 等投资者关心的问题，与投资者进行沟通与交流，欢迎广大投资者踊 跃参与！ 特此公告。 证券代码：600838 证券简称：上海九百 编号：临 2025-019 上海九百股份有限公司 关于参加 2025 年上海辖区上市公司集体接待日 暨中报业绩说明会活动的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和 ...

Core Viewpoint - Shanghai Jiubai (600838) reported mixed financial results for the first half of 2025, with a slight decline in total revenue but a modest increase in net profit, indicating a stable yet challenging business environment [1]. Financial Performance - Total revenue for the first half of 2025 was 45.0535 million yuan, a decrease of 1.09% year-on-year [1]. - Net profit attributable to shareholders was 23.7897 million yuan, an increase of 0.24% year-on-year [1]. - In Q2 2025, total revenue was 21.9509 million yuan, down 2.23% year-on-year, while net profit for the quarter was 11.4541 million yuan, a decline of 15.97% year-on-year [1]. Profitability Metrics - Gross margin improved to 25.89%, up 1.24% year-on-year, while net margin increased to 52.80%, up 1.35% year-on-year [1]. - Total selling, administrative, and financial expenses amounted to 23.8011 million yuan, accounting for 52.83% of revenue, a slight increase of 0.6% year-on-year [1]. Key Financial Ratios - Earnings per share remained stable at 0.06 yuan, with a year-on-year increase of 0.17% [1]. - The company's return on invested capital (ROIC) was reported at 2.5%, indicating weak capital returns, with a historical median ROIC of 7.11% over the past decade [1]. - Cash flow from operations per share was -0.01 yuan, reflecting a decrease of 25.65% year-on-year [1]. Debt and Asset Management - Cash assets are reported to be very healthy, indicating strong liquidity [2]. - The company’s interest-bearing debt decreased to 2.7519 million yuan, down 27.48% year-on-year [1].

Group 1 - The general retail sector increased by 0.05% on August 28, with agricultural products leading the gains [1] - The Shanghai Composite Index closed at 3843.6, up 1.14%, while the Shenzhen Component Index closed at 12571.37, up 2.25% [1] - Notable gainers in the general retail sector included agricultural products, which rose by 10.05% to a closing price of 8.43 [1] Group 2 - The general retail sector experienced a net outflow of 1.121 billion yuan from major funds, while retail investors saw a net inflow of 748 million yuan [2] - Key stocks that faced declines included Zhejiang Dongri, which fell by 7.71% to a closing price of 56.48 [2] - The trading volume for the general retail sector showed significant activity, with various stocks reporting millions in transaction amounts [2]

Group 1 - Guoguang Chain has reached the daily limit increase, indicating strong market performance [1] - Dalian Friendship, Dongbai Group, and Guofang Group have all increased by over 5%, reflecting positive investor sentiment [1] - Other companies such as Xujiahui, Bubugao, and Shanghai Jiubai also experienced gains, suggesting a broader trend in the retail sector [1]

本公司董事会及全体董事保证本公告内容不存在任何虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承 担法律责任。 根据《上海证券交易所上市公司自律监管指引第 3 号行业信息披 露：第四号——零售》、 《关于做好主板上市公司 2025 年半年度报告披 露工作的通知》的相关要求，现将公司 2025 年上半年度主要经营数据 披露如下： 一、报告期公司所属主要子公司门店变动情况： 开了 7 家洗衣连锁门店，关闭了 8 家洗衣连锁门店。截至本报告期末， 现有洗衣连锁门店 12 家。 证券代码：600838 证券简称：上海九百 编号：临 2025-018 上海九百股份有限公司 主营业务分行业情况 分行业 营业收入 营业成本 二、报告期拟增加门店情况： 截至本报告期末，公司所属主要子公司暂无已签约但尚未开业的门店。 三、2025 年上半年度主要经营数据： （一）主营业务分行业情况 单位：元 币种：人民币 （%） 同期增减（%） 同期增减（%） 期增减（%） 减少 2.25 商业 16,864,566.79 14,370,176.85 14.79 1.06 3.80 个百分点 （二）主营业务分地区情况 上 ...

Core Viewpoint - Shanghai Jiubai (600838.SH) reported a slight decline in revenue for the first half of 2025, while net profit showed a modest increase, indicating mixed financial performance [1] Financial Performance - The company achieved a revenue of 45.05 million yuan, representing a year-on-year decrease of 1.09% [1] - The net profit attributable to shareholders was 23.79 million yuan, reflecting a year-on-year increase of 0.24% [1] - The non-recurring net profit was 22.72 million yuan, which is a year-on-year decrease of 3.02% [1] - Basic earnings per share stood at 0.0593 yuan [1]

Core Insights - The company Shanghai Jiubai reported a revenue of 45,053,476.39 yuan for the first half of 2025, representing a year-on-year decrease of 1.09% [1] - The net profit attributable to shareholders of the listed company was 23,789,664.67 yuan, showing a year-on-year increase of 0.24% [1] Financial Performance - Revenue for the first half of 2025: 45,053,476.39 yuan, down 1.09% year-on-year [1] - Net profit for the same period: 23,789,664.67 yuan, up 0.24% year-on-year [1]

Group 1 - Youyou Food achieved a net profit of 108 million yuan in the first half of 2025, a year-on-year increase of 42.47%, with a revenue of 771 million yuan, up 45.59% [1] - Keda achieved a net profit of 255 million yuan, a year-on-year increase of 16.49%, with a revenue of 2.163 billion yuan, up 14.35% [1] - North Navigation turned a profit with a net profit of 116 million yuan, achieving a revenue of 1.703 billion yuan, a year-on-year increase of 481.19% [1][2] Group 2 - China Satellite Communication reported a net profit of 181 million yuan, a year-on-year decrease of 55.59%, with a revenue of 1.221 billion yuan, up 6.33% [3] - Huqin Technology achieved a net profit of 1.889 billion yuan, a year-on-year increase of 46.3%, with a revenue of 83.939 billion yuan, up 113.06% [4] - Huasen Lithium reported a net loss of 72.739 million yuan, with a revenue of 350 million yuan, up 72.02% [4] Group 3 - Putailai achieved a net profit of 1.055 billion yuan, a year-on-year increase of 23.03%, with a revenue of 7.088 billion yuan, up 11.95% [5] - Suochen Technology reported a net loss of 45.698 million yuan, with a revenue of 57.351 million yuan, up 10.82% [5] - Canqin Technology achieved a net profit of 51.912 million yuan, a year-on-year increase of 51.94%, with a revenue of 287 million yuan, up 52.76% [6] Group 4 - Hengtong achieved a net profit of 99.3648 million yuan, a year-on-year increase of 38.86%, with a revenue of 669 million yuan, down 44.66% [6] - Sanan Optoelectronics reported a net profit of 176 million yuan, a year-on-year decrease of 4.24%, with a revenue of 8.987 billion yuan, up 17.03% [7] - New Dairy achieved a net profit of 397 million yuan, a year-on-year increase of 33.76%, with a revenue of 5.526 billion yuan, up 3.01% [8] Group 5 - Yiling Pharmaceutical achieved a net profit of 669 million yuan, a year-on-year increase of 26.03%, with a revenue of 4.040 billion yuan, down 12.26% [10] - Baosteel achieved a net profit of 4.879 billion yuan, a year-on-year increase of 7.36%, with a revenue of 151.372 billion yuan, down 7.28% [12] - Feikai Materials achieved a net profit of 217 million yuan, a year-on-year increase of 80.45%, with a revenue of 1.462 billion yuan, up 3.8% [13] Group 6 - Lier Chemical achieved a net profit of 271 million yuan, a year-on-year increase of 191.21%, with a revenue of 4.507 billion yuan, up 35.36% [15] - Shaanxi Coal achieved a net profit of 7.638 billion yuan, a year-on-year decrease of 31.18%, with a revenue of 779.83 billion yuan, down 14.19% [16] - Dongfang Materials reported a net profit of 654,400 yuan, a year-on-year decrease of 88.48%, with a revenue of 174 million yuan, down 5.06% [18] Group 7 - Blue Sky Bio achieved a net profit of 26.7163 million yuan, a year-on-year decrease of 8.98%, with a revenue of 652 million yuan, up 7.05% [19] - Shanghai Jiubai achieved a net profit of 23.7897 million yuan, a year-on-year increase of 0.24%, with a revenue of 45.0535 million yuan, down 1.09% [20] - Two Sides Needle reported a net loss of 5.0842 million yuan, with a revenue of 522 million yuan, up 1.02% [21] Group 8 - Shanghai Yashi achieved a net profit of 20.3263 million yuan, a year-on-year increase of 42.56%, with a revenue of 2.044 billion yuan, up 56.75% [23] - Bayi Steel reported a net loss of 697 million yuan, with a revenue of 8.733 billion yuan, down 6.73% [25] - Hongrun Construction plans to repurchase shares worth between 150 million and 300 million yuan [27] Group 9 - Kaile achieved a net profit of 10.9193 million yuan, a year-on-year increase of 280.42%, with a revenue of 137 million yuan, down 17.89% [28] - Jingda achieved a net profit of 306 million yuan, a year-on-year increase of 6.03%, with a revenue of 11.856 billion yuan, up 14.28% [29] - Blue Light Marker reported a net profit of 96.4427 million yuan, a year-on-year decrease of 47.33%, with a revenue of 32.36 billion yuan, up 4.87% [30] Group 10 - KOTAI Power achieved a net profit of 23.994 million yuan, a year-on-year increase of 35.52%, with a revenue of 711 million yuan, up 49.51% [33] - Bo Rui Data reported a net loss of 26.1918 million yuan, with a revenue of 70.1997 million yuan, up 5.19% [34] - Jiuzhoutong achieved a net profit of 1.446 billion yuan, a year-on-year increase of 19.7%, with a revenue of 81.106 billion yuan, up 5.10% [37] Group 11 - Aier Eye Hospital achieved a net profit of 2.051 billion yuan, a year-on-year increase of 0.05%, with a revenue of 11.507 billion yuan, up 9.12% [39] - Nandu Property achieved a net profit of 130 million yuan, a year-on-year increase of 532.87%, with a revenue of 914 million yuan, up 2.75% [41] - Weiyuan reported a net loss of 168 million yuan, with a revenue of 4.601 billion yuan, up 1.82% [42] Group 12 - Zhongke Chuangda achieved a net profit of 158 million yuan, a year-on-year increase of 51.84%, with a revenue of 3.299 billion yuan, up 37.44% [43] - Zhongjuxin reported a net profit of 8.1377 million yuan, a year-on-year decrease of 64.57%, with a revenue of 567 million yuan, up 20.40% [44] - Inspur Information achieved a net profit of 799 million yuan, a year-on-year increase of 34.87%, with a revenue of 80.192 billion yuan, up 90.05% [45] Group 13 - Shenghong Technology achieved a net profit of 2.143 billion yuan, a year-on-year increase of 366.89%, with a revenue of 9.031 billion yuan, up 86.00% [46] - Cambrian achieved a net profit of 1.038 billion yuan, turning a profit, with a revenue of 2.881 billion yuan, up 4347.82% [48] - Longteng Optoelectronics reported a net loss of 121 million yuan, with a revenue of 1.289 billion yuan, down 27.91% [49]