Beijing Shunxin AgricultureLtd Third Quarter 2024 Earnings: CN¥0.055 loss per share (vs CN¥0.28 loss in 3Q 2023)

Beijing Shunxin AgricultureLtd (SZSE:000860) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥1.63b (down 37% from 3Q 2023).
• Net loss: CN¥40.5m (loss narrowed by 81% from 3Q 2023).
• CN¥0.055 loss per share (improved from CN¥0.28 loss in 3Q 2023).

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

Beijing Shunxin AgricultureLtd Earnings Insights

Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Beverage industry in China.

Performance of the Chinese Beverage industry.

The company's shares are down 1.5% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We've done some analysis and you can see our take on Beijing Shunxin AgricultureLtd's balance sheet.

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