Stock Analysis

Xinjiang Machinery Research Institute Third Quarter 2024 Earnings: CN¥0.028 loss per share (vs CN¥0.007 loss in 3Q 2023)

Published
SZSE:300159

Xinjiang Machinery Research Institute (SZSE:300159) Third Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥357.1m (down 29% from 3Q 2023).
  • Net loss: CN¥41.3m (loss widened by 332% from 3Q 2023).
  • CN¥0.028 loss per share (further deteriorated from CN¥0.007 loss in 3Q 2023).
SZSE:300159 Earnings and Revenue History October 28th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Xinjiang Machinery Research Institute's share price is broadly unchanged from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 2 warning signs for Xinjiang Machinery Research Institute you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.