Zhongbai Holdings GroupLtd Third Quarter 2024 Earnings: CN¥0.28 loss per share (vs CN¥0.083 loss in 3Q 2023)

Zhongbai Holdings GroupLtd (SZSE:000759) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥2.42b (down 16% from 3Q 2023).
• Net loss: CN¥189.6m (loss widened by 243% from 3Q 2023).
• CN¥0.28 loss per share (further deteriorated from CN¥0.083 loss in 3Q 2023).

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

Zhongbai Holdings GroupLtd Earnings Insights

Looking ahead, revenue is expected to decline by 1.9% p.a. on average during the next 3 years, while revenues in the Consumer Retailing industry in China are expected to grow by 9.6%.

Performance of the Chinese Consumer Retailing industry.

The company's shares are up 11% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. See our latest analysis on Zhongbai Holdings GroupLtd's balance sheet health.

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