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← CockpitCompetitor Analysis › 600824.SS Shanghai Yimin Commercial Group Co., Ltd. Class AOpen in the cockpit ↗

Shanghai Yimin Commercial Group Co., Ltd. Class A600824.SSCompetitor analysis, valuation and peers

China · CNY·Consumer Discretionary›Department Stores
Momentum strong 75
Mkt cap
$572M
US dollars, full cap
Free float
59%
of shares outstanding
$/day
$7.55M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
-6.3 pp
WACC 5.8%
Hurdle
+19 pp
Req g minus delivered
Close · CNYCN¥3.62
1D-1.6%
1W+1.4%
1M-1.9%
3M+0.3%
6M-11.7%
YTD-20.1%
1Y-18.6%
ATR %3.3%
52w lowhigh33.0% off high

What Shanghai Yimin Commercial does

Employees: 398

Shanghai Yimin Commercial at a glance

Size Shanghai Yimin Commercial (600824.SS) is a China Consumer Discretionary company (Department Stores) with a market value of $572M, the 3538th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥3.62 on 6 Nov 2026.

Performance Over six months the shares fell 11.7%, against -9.6% for the median peer and -16.4% for the China market (cap-weighted) — 10th lowest of 21 in its peer set.

Growth Revenue fell 11.8% over the last twelve months (peer median -3.5%); the operating margin is -1.5% (peer median 4.9%).

Valuation It trades at 4.7× enterprise value to sales against a peer median of 1.6× (6th most expensive of 20).

Price implies For today's price to make sense, revenue must grow about 12% a year for seven years (Req g). Recent delivered growth is -8%, so the hurdle is +19 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.

Capital Return on invested capital runs 6.3 points below its cost of capital (5.8% WACC).

Relative performance

809010011 May 202611 Aug 20266 Nov 2026Peer median 91600824.SS 88
Six months, rebased to 100: Shanghai Yimin Commercial against the median of its 20 peers (local-currency closes).

Shanghai Yimin Commercial financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥616MCN¥674MCN¥827MCN¥1.03BCN¥807M
Revenue growth—-19%-19%+27%—
Gross profitCN¥297MCN¥304MCN¥327MCN¥400MCN¥289M
EBITDACN¥74.7MCN¥74.1MCN¥130MCN¥155MCN¥19.7M
Net income-CN¥35.2MCN¥122MCN¥35.3MCN¥56.9M-CN¥300M
Free cash flowCN¥79.3MCN¥97.2MCN¥64.2MCN¥183MCN¥35.3M
Capital expenditureCN¥9.36MCN¥3.66MCN¥43.1MCN¥10.4MCN¥29.3M
Total debtCN¥49.0MCN¥55.4MCN¥80.8MCN¥93.7MCN¥543M

Quarterly statements and history in the cockpit →

Shanghai Yimin Commercial competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-20%-10%0%+10%-10%0%+10%+20%265300218760083860310182440004176002806008650289600857002561SHOPERSTOP6008140024196006946007128237600824.SS6-month return →1-month return →
Up and to the right = strong over both horizons. Shanghai Yimin Commercial is the large dot.

Fundamentals: revenue growth against valuation

-60%-40%-20%0%0×20×40×26530021876008386031018244000417600280600865600857002561SHOPERSTOP000419600712600824.SSRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Shanghai Yimin Commercial is the large dot.

Capital: growth delivered against growth the price implies

-20%0%+20%+40%-25%0%25%50%0021876008386031018244000417600280600865600857SHOPERSTOP0007156008140004196006948237600824.SSGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Shanghai Yimin Commercial is the large dot.

Shanghai Yimin Commercial competitors and peer comparison

How Shanghai Yimin Commercial compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Shanghai Yimin Commercial against its 20 peers (data as of 6 Nov 2026)
Measure600824.SSPeer medianRank in peer set
1-month return-1.9%-2.1%10th highest of 21
6-month return-11.7%-9.6%10th lowest of 21
Distance from 52-week high-33.0%-32.1%10th lowest of 21
Revenue growth (TTM)-11.8%-3.5%5th lowest of 21
Operating margin-1.5%4.9%6th lowest of 21
EV / Sales4.7×1.6×6th most expensive of 20
Growth the price implies (Req g, 7 yrs)11.8%1.6%7th most demanding of 17
Growth delivered (Del g)-7.6%-2.7%4th lowest of 17
Hurdle (Req g minus delivered)+19.4 pp+2.6 pp5th most demanding of 17
ROIC minus cost of capital-6.3 pp-2.4 pp3rd lowest of 21
EV / EBITDA38.7×10.0×2nd most expensive of 5
Net debt / EBITDA-12.3×4.4×2nd least indebted of 8

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Shanghai Yimin Commercial 600824.SSChina$572M-12%-12%-2%4.7×11.8%-7.6%
AEON Kyushu 2653.TJapan$597M-3%+3%2%0.3×n/an/a
Guangzhou Grandbuy 002187.SZChina$600M-8%-49%-2%1.6×-5.3%-2.0%
Shanghai Join Buy 600838.SSChina$628M+9%+6%-28%38.8×22.2%+0.4%
Xinjiang Winka Times Department Store 603101.SSChina$502M-36%+5%9%1.9×-4.2%+2.6%
Kintetsu Department Store 8244.TJapan$491M+16%-1%5%0.7×-6.2%-10.5%
Hefei Department Store 000417.SZChina$678M-13%-9%1%0.9×3.4%+1.3%
Nanjing Central Emporium (Group) Stocks 600280.SSChina$480M-9%-10%-2%4.6×17.4%-8.1%
Baida 600865.SSChina$682M+5%+9%41%16.7×13.3%-2.5%
Wing On Co. International 0289.HKHong Kong$457M-16%-2%16%n/an/an/a
Ningbo Zhongbai 600857.SSChina$444M+4%-56%4%11.5×51.6%-9.2%
Shanghai Xujiahui Commercial 002561.SZChina$436M-14%-6%-9%8.0×n/an/a
Shoppers Stop SHOPERSTOP.NSIndia$428M+2%+9%4%1.4×17.1%+23.6%
Zhongxing Shenyang Commercial Building 000715.SZChina$423M-13%-6%16%1.5×-12.3%-2.8%
Wushang 000501.SZChina$775M-18%-3%7%2.1×11.5%-4.7%
Hangzhou Jiebai 600814.SSChina$776M-9%-3%25%1.3×-21.8%-1.6%
Rainbow Digital Commercial 002419.SZChina$793M-15%-4%0%1.3×-5.8%-0.4%
Changsha Tongcheng 000419.SZChina$399M-16%-21%6%1.6×-0.3%-3.3%
Dashang 600694.SSChina$827M-10%-4%12%0.8×-18.9%-5.1%
Nanning Department Store 600712.SSChina$393M-24%-24%-12%6.1×n/an/a
Matsuya 8237.TJapan$869M+54%-1%6%3.4×35.3%-2.8%

Questions

Which companies are Shanghai Yimin Commercial's closest peers?
The cockpit's peer set: AEON Kyushu (2653.T), Guangzhou Grandbuy (002187.SZ), Shanghai Join Buy (600838.SS), Xinjiang Winka Times Department Store (603101.SS), Kintetsu Department Store (8244.T), Hefei Department Store (000417.SZ), Nanjing Central Emporium (Group) Stocks (600280.SS), Baida (600865.SS).
Is Shanghai Yimin Commercial expensive compared with its peers?
On ev / sales it trades at 4.7× against a peer median of 1.6×, 6th most expensive of 20 in its peer set. For today's price to make sense, revenue must grow about 12% a year for seven years (Req g). Recent delivered growth is -8%, so the hurdle is +19 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
How has Shanghai Yimin Commercial stock performed?
Over six months to 6 Nov 2026 the shares returned -11.7% against -9.6% for the median peer; over one year -18.6%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.