← Back

Shanghai New World Co Ltd

Shanghai New World Co., Ltd. owns and operates department stores in China. It produces and distributes Chinese herbal medicines and sells Chinese patent medicines, western medicines, ginseng and antler tonics, and nutritional health products. The company is also involved in hotel, investment consulting and management, property and project management, advertising, dining, entertainment, e-commerce, clothing, trading, tourism, leisure, and retail pharmaceutical businesses, and provides Chinese herbal medicine consultation and prescription services. Founded in 1988, it is headquartered in Shanghai, China.

Country
Price · split & dividend adjusted
News & notes moving 600628.CG
600628.CG2

New World reports 2026 interim net profit of 47.3949 million yuan, up 4.23% year on year

New World released its 2026 interim report on August 22, 2026. Net profit attributable to the parent company was 47.3949 million yuan, an increase of 1.9254 million yuan from the same period last year, up 4.23% year on year. Total operating revenue was 534 million yuan, up 1.12% year on year. Net cash inflow from operating activities was 78.7719 million yuan, up 648.44% year on year. The company's latest asset-liability ratio was 25.20%, down 0.56 percentage points from the previous quarter. Gross margin was 43.33%, up 0.36 percentage points year on year, marking four consecutive years of growth. Return on equity was 1.11%, up 0.04 percentage points year on year. Diluted earnings per share were 0.07 yuan. Total asset turnover was 0.09 times, and inventory turnover was 1.65 times. The company had 36,700 shareholders. The top ten shareholders held 337 million shares, accounting for 52.15% of total share capital.
Jiemian·28dRead more →
600628.CG

New World first-half net profit attributable to parent 47.39 million yuan, up 4.2% year on year

New World released its 2026 half-year report. First-half net profit attributable to the parent was 47.39 million yuan, up 4.2% year on year. Operating revenue was 534 million yuan, up 1.1% year on year. Net profit attributable to the parent after deducting non-recurring items was 30.69 million yuan, up 11.9% year on year. Net operating cash flow was 78.77 million yuan, up 648.4% year on year. Second-quarter net profit attributable to the parent was 24.98 million yuan, down 12.0% year on year. The company's department store retail segment has cumulatively adjusted more than 3,869 square meters of operating area. The pharmaceutical segment's Xuzhongdao Chinese herbal medicine production base construction project has started and is planned to officially begin production in the fourth quarter of 2026.
财中社·29dRead more →
600628.CG

New World shareholder Zongyi Holdings pledges 3.5 million shares, cumulative pledge ratio reaches 99.97%

New World announced that shareholder Shanghai Zongyi Holdings Co., Ltd. has pledged 3.5 million shares, representing 4.14% of its holdings and 0.54% of the company's total share capital. As of the announcement date, Zongyi Holdings' cumulative pledged shares amount to 84.5 million shares, accounting for 99.97% of its holdings and 13.06% of the company's total share capital. In the first quarter of 2026, New World achieved revenue of 257 million yuan and net profit attributable to the parent of 22.42 million yuan.
财中社·50dRead more →