Suning.com Co., Ltd.

SZSE:002024 Stock Report

Market Cap: CN¥11.6b

Suning.com Past Earnings Performance

Past criteria checks 1/6

Suning.com has been growing earnings at an average annual rate of 50%, while the Specialty Retail industry saw earnings declining at 7.5% annually. Revenues have been declining at an average rate of 33.7% per year.

Key information

49.99%

Earnings growth rate

49.75%

EPS growth rate

Specialty Retail Industry Growth3.07%
Revenue growth rate-33.74%
Return on equity-6.00%
Net Margin0.15%
Next Earnings Update29 Aug 2026

Recent past performance updates

Recent updates

Analysis Article • Feb 24

Investors Continue Waiting On Sidelines For Suning.com Co., Ltd. (SZSE:002024)

When you see that almost half of the companies in the Specialty Retail industry in China have price-to-sales ratios (or...
Analysis Article • Jan 23

We Think Suning.com (SZSE:002024) Is Taking Some Risk With Its Debt

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article • Nov 08

A Piece Of The Puzzle Missing From Suning.com Co., Ltd.'s (SZSE:002024) 31% Share Price Climb

Despite an already strong run, Suning.com Co., Ltd. ( SZSE:002024 ) shares have been powering on, with a gain of 31% in...
Analysis Article • Sep 23

Suning.com (SZSE:002024) Takes On Some Risk With Its Use Of Debt

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article • Jun 23

Investors Holding Back On Suning.com Co., Ltd. (SZSE:002024)

You may think that with a price-to-sales (or "P/S") ratio of 0.2x Suning.com Co., Ltd. ( SZSE:002024 ) is a stock worth...
Analysis Article • May 27

Is Suning.com (SZSE:002024) Using Too Much Debt?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article • Mar 01

Cautious Investors Not Rewarding Suning.com Co., Ltd.'s (SZSE:002024) Performance Completely

When close to half the companies operating in the Specialty Retail industry in China have price-to-sales ratios (or...

Revenue & Expenses Breakdown

How Suning.com makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

SZSE:002024 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 2645,242699,137232
31 Dec 2548,958589,250236
30 Sep 2556,900859,758249
30 Jun 2556,9046459,325213
31 Mar 2557,1067259,099179
31 Dec 2456,7916119,340202
30 Sep 2451,993-8838,991278
30 Jun 2454,369-2,1459,776334
31 Mar 2459,348-4,08610,788407
31 Dec 2362,627-4,09011,536441
30 Sep 2364,493-14,28213,105582
30 Jun 2368,205-15,40914,066712
31 Mar 2367,859-15,29214,632839
31 Dec 2271,374-16,22015,568965
30 Sep 2278,868-40,24217,1931,080
30 Jun 2282,508-42,55319,5011,218
31 Mar 22104,273-44,75022,7091,582
31 Dec 21138,904-43,26526,2171,912
30 Sep 21187,008-12,39026,7862,034
30 Jun 21227,477-7,56029,0402,256
31 Mar 21248,462-3,26829,8912,071
31 Dec 20252,296-4,27530,6402,264
30 Sep 20249,082-1,51333,5802,630
30 Jun 20252,0827,53735,1383,000
31 Mar 20264,8279,15637,3013,178
31 Dec 19269,2299,84338,5463,268
30 Sep 19261,40820,14338,8303,167
30 Jun 19258,26110,50336,8912,811
31 Mar 19245,99014,39234,1812,640
31 Dec 18233,36914,36731,7412,252
30 Sep 18229,0159,66830,2641,823
30 Jun 18214,8609,92428,1561,534
31 Mar 18200,1714,24626,1291,718
31 Dec 17187,9284,21324,8011,244
30 Sep 17176,6051,68023,028917
30 Jun 17163,6161,11722,201609
31 Mar 17154,1201,07922,1460
31 Dec 16148,58570421,7310
30 Sep 16145,84151621,0420
30 Jun 16141,22540321,2570
31 Mar 16137,94390821,2990
31 Dec 15135,54887321,1000
30 Sep 15122,8201,96120,5400

Quality Earnings: 002024 has a large one-off loss of CN¥470.8M impacting its last 12 months of financial results to 31st March, 2026.

Growing Profit Margin: 002024's current net profit margins (0.2%) are lower than last year (1.3%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 002024 has become profitable over the past 5 years, growing earnings by 50% per year.

Accelerating Growth: 002024's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 002024 had negative earnings growth (-90.5%) over the past year, making it difficult to compare to the Specialty Retail industry average (12.3%).

Return on Equity

High ROE: 002024's Return on Equity (-6%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/06 08:13
End of Day Share Price 2026/07/03 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Suning.com Co., Ltd. is covered by 23 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Junhao FanChina International Capital Corporation Limited
Yunfeng LiuChina Stock Investment Research Co. Ltd. (GZ500..com)
Xueqin ZhaoCitic Securities Co., Ltd.