Shanghai Fudan Forward S&T Co., Ltd (SHA:600624)

China · Delayed Price · Currency is CNY

4.260

+0.110 (2.65%)

Aug 26, 2026, 3:00 PM CST

SHA:600624 Financials Overview

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	594.42	640.13	645.32	679.68	789.01	1,041
Revenue Growth	-8.88%	-0.80%	-5.05%	-13.86%	-24.23%	10.74%
Gross Profit	60.98	85.46	151.32	263.02	323.21	474.12
Operating Income	-180.36	-174.26	-115.19	-33.73	8.63	75.91
Net Income	-217.58	-197.55	-133.21	-21.86	-6.2	-105.42
Earnings Per Share	-0.33	-0.29	-0.20	-0.03	-0.01	-0.15
EPS Growth	-	-	-	-	-	-

Revenue by Segment

Fiscal Year	FY 2025
Period Ending	Dec '25 Dec 31, 2025
Industry	311.37
Software Development Industry	277.1
Real Estate	37.58
Total	626.05

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	126.87	191.99	92.75	305.48	309.18	309.77
Total Debt	513.52	509.98	345.35	516.66	516.05	504.94
Net Cash (Debt)	-386.65	-318	-252.6	-211.18	-206.87	-195.17
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.58	-0.47	-0.37	-0.31	-0.30	-0.29

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	-64.18	-41.11	-14.44	7.03	28.15	45.58
Capital Expenditures	-11.72	-12.68	-4.71	-7.51	-20.9	-26.92
Free Cash Flow	-75.9	-53.8	-19.15	-0.47	7.24	18.66
Free Cash Flow Growth	-	-	-	-	-61.18%	-52.69%

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	10.26%	13.35%	23.45%	38.70%	40.97%	45.53%
Operating Margin	-30.34%	-27.22%	-17.85%	-4.96%	1.09%	7.29%
Pretax Margin	-36.45%	-30.65%	-20.61%	-0.64%	0.14%	-6.40%
Profit Margin	-36.60%	-30.86%	-20.64%	-3.22%	-0.79%	-10.12%
FCF Margin	-12.77%	-8.40%	-2.97%	-0.07%	0.92%	1.79%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 26, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
P/FCF Ratio	-	-	-	-	536.47	253.85
PS Ratio	4.87	5.61	6.92	5.71	4.93	4.55