Stock Analysis

Hainan RuiZe New Building MaterialLtd Third Quarter 2024 Earnings: CN¥0.04 loss per share (vs CN¥0.01 loss in 3Q 2023)

SZSE:002596
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Hainan RuiZe New Building MaterialLtd (SZSE:002596) Third Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥306.5m (down 30% from 3Q 2023).
  • Net loss: CN¥38.8m (loss widened by 232% from 3Q 2023).
  • CN¥0.04 loss per share (further deteriorated from CN¥0.01 loss in 3Q 2023).
earnings-and-revenue-history
SZSE:002596 Earnings and Revenue History November 1st 2024

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

Hainan RuiZe New Building MaterialLtd shares are up 26% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Hainan RuiZe New Building MaterialLtd has 2 warning signs (and 1 which doesn't sit too well with us) we think you should know about.

Valuation is complex, but we're here to simplify it.

Discover if Hainan RuiZe New Building MaterialLtd might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

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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.