Shanying International HoldingsLtd Third Quarter 2024 Earnings: CN¥0.009 loss per share (vs CN¥0.04 profit in 3Q 2023)

Shanying International HoldingsLtd (SHSE:600567) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥7.35b (down 2.9% from 3Q 2023).
• Net loss: CN¥45.0m (down by 129% from CN¥154.7m profit in 3Q 2023).
• CN¥0.009 loss per share (down from CN¥0.04 profit in 3Q 2023).

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

Shanying International HoldingsLtd Earnings Insights

Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Forestry industry in China.

Performance of the Chinese Forestry industry.

The company's shares are up 4.0% from a week ago.

Risk Analysis

We should say that we've discovered 4 warning signs for Shanying International HoldingsLtd (1 is significant!) that you should be aware of before investing here.

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