---
title: "SBGCL (900923.SH)"
type: "quote"
locale: "en"
url: "https://longbridge.com/en/quote/900923.SH.md"
symbol: "900923.SH"
name: "SBGCL"
industry: "食品零售商"
---

# SBGCL (900923.SH)

| Item | Detail |
|------|--------|
| Industry | 食品零售商 |

## Company Profile

公司是百联集团有限公司辖下的核心企业。2011 年 7 月，上海友谊集团股份有限公司吸收合并原百联股份，重组后的友谊股份于 2014 年 8 月更名。公司是国内一流的大型综合性商业股份制上市公司，资产规模、销售规模等关键性指标始终名列 A 股商业类上市公司前列。公司以百货商店、连锁超市、购物中心、奥特莱斯为核心业务。公司获得的荣誉有 2006-2010 守法经营示范企业奖牌、2012 年中国主板上市公司最佳董事会奖牌、2012 年全国就业先进企业证书、2012 年度零售创新大奖和 2012 中国商业地产领袖企业奖。

## Financial Score

> *Longbridge Financial Score™ — Proprietary multi-factor rating model by [Longbridge](https://longbridge.com). This score is independently calculated by Longbridge and is not affiliated with any third-party rating agency.*
> Updated: 2026-02-20T04:30:09.000Z

**Overall: C (0.59)**

**Industry**: Food Retail

| Metric | Value |
|--------|-------|
| Industry Ranking | 10 / 14 |
| Industry Median | C |
| Industry Average | C |

- **Style**: Value - Stocks where the company's main business is in a mature stage.
- **Scale**: Mid - The company has stable operation of a large-cap stock and the high return of a small-cap stock.

### Score Analysis

**Style Score**: 

#### Growth Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | -12.86% |  |
| Net Profit YoY | -85.61% |  |

#### Value Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| P/B Ratio | 0.33 |  |
| Dividend Ratio | 6.88% |  |


**Size Score**: 

#### Market Cap Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 6.63B |  |

#### Revenue Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue | 24.05B |  |


**Multi Score**: C

#### Profit Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 1.24% | D |
| Profit Margin | 0.97% | C |
| Gross Margin | 24.27% | C |

#### Growth Score: D

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | -12.86% | E |
| Net Profit YoY | -85.61% | E |
| Total Assets YoY | -3.47% | D |
| Net Assets YoY | 0.92% | C |

#### Cash Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| Cash Flow Margin | 10343.66% | A |
| OCF YoY | -12.86% | E |

#### Operating Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| Turnover | 0.45 | C |

#### Debt Score: D

| Indicator | Value | Rating |
|-----------|-------|--------|
| Gearing Ratio | 60.64% | D |


```chart-data:radar
{
  "title": "Longbridge Financial Score - SBGCL",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Profit",
      "grade": "C",
      "indicators": [
        {
          "name": "ROE",
          "value": "1.24%",
          "rating": "D"
        },
        {
          "name": "Profit Margin",
          "value": "0.97%",
          "rating": "C"
        },
        {
          "name": "Gross Margin",
          "value": "24.27%",
          "rating": "C"
        }
      ]
    },
    {
      "name": "Growth",
      "grade": "D",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "-12.86%",
          "rating": "E"
        },
        {
          "name": "Net Profit YoY",
          "value": "-85.61%",
          "rating": "E"
        },
        {
          "name": "Total Assets YoY",
          "value": "-3.47%",
          "rating": "D"
        },
        {
          "name": "Net Assets YoY",
          "value": "0.92%",
          "rating": "C"
        }
      ]
    },
    {
      "name": "Cash",
      "grade": "C",
      "indicators": [
        {
          "name": "Cash Flow Margin",
          "value": "10343.66%",
          "rating": "A"
        },
        {
          "name": "OCF YoY",
          "value": "-12.86%",
          "rating": "E"
        }
      ]
    },
    {
      "name": "Operating",
      "grade": "C",
      "indicators": [
        {
          "name": "Turnover",
          "value": "0.45",
          "rating": "C"
        }
      ]
    },
    {
      "name": "Security",
      "grade": "D",
      "indicators": [
        {
          "name": "Gearing Ratio",
          "value": "60.64%",
          "rating": "D"
        }
      ]
    }
  ]
}
```

### Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
|------|------|--------|--------|-----------|----------|------|--------|
| 01 | 孩子王 (SZ.301078) | C | B | A | D | B | B |
| 02 | 浙江东日 (SH.600113) | B | D | D | B | D | C |
| 03 | 农产品 (SZ.000061) | C | B | D | C | A | C |
| 04 | 百联股份 (SH.600827) | C | D | C | D | C | C |
| 05 | 国光连锁 (SH.605188) | D | C | A | D | B | C |

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 27.31 | 2/14 | 27.50 | 5.23 | 4.88 |
| PB | 0.33 | 1/14 | 0.42 | 0.40 | 0.34 |
| PS (TTM) | 0.26 | 1/14 | 0.31 | 0.29 | 0.27 |
| Dividend Yield | 6.88% | 1/14 | 6.81% | 5.81% | 2.69% |

## References

- [Company Overview](https://longbridge.com/en/quote/900923.SH/overview.md) - Shareholders, executives, business segments
- [Financials](https://longbridge.com/en/quote/900923.SH/norm.md) - Income statement, balance sheet, cash flow, distribution plan
- [Topics & Discussions](https://longbridge.com/en/quote/900923.SH/topics.md) - Community topics and discussions

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.