Ronglian Group Third Quarter 2024 Earnings: CN¥0.002 loss per share (vs CN¥0.28 loss in 3Q 2023)
Ronglian Group (SZSE:002642) Third Quarter 2024 Results
Key Financial Results
- Revenue: CN¥355.1m (down 36% from 3Q 2023).
- Net loss: CN¥1.11m (loss narrowed by 99% from 3Q 2023).
- CN¥0.002 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
Ronglian Group shares are up 13% 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. See our latest analysis on Ronglian Group's balance sheet health.
New: AI Stock Screener & Alerts
Our new AI Stock Screener scans the market every day to uncover opportunities.
• Dividend Powerhouses (3%+ Yield)
• Undervalued Small Caps with Insider Buying
• High growth Tech and AI Companies
Or build your own from over 50 metrics.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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.
About SZSE:002642
Excellent balance sheet and slightly overvalued.
