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Suning.com (SZSE:002024) Shareholders Have Endured a 88% Loss From Investing in the Stock Five Years Ago
We're definitely into long term investing, but some companies are simply bad investments over any time frame. We really hate to see fellow investors lose their hard-earned money. For example, we sym
Simply Wall StApr 18 21:52 ET
ST Tesco (002024.SZ) released its 2023 annual results, with a net loss of 4,089 billion yuan, a year-on-year narrowing of 74.79%
According to the Zhitong Finance App, ST Tesco (002024.SZ) released its 2023 annual report, with revenue of 62,627 billion yuan, a year-on-year decrease of 12.25%. The net loss attributable to shareholders of listed companies was 4,089 billion yuan, a year-on-year decrease of 74.79%. Net loss attributable to shareholders of listed companies after deducting non-recurring profit and loss was 5.174 billion yuan, a year-on-year decrease of 72.89%. Basic earnings per share - $0.45. Does not take into account impairment of goodwill, loss of joint venture investment, deferred income tax return, calculation of asset impairment, and one-time expenses due to uncontinuation of related business activities
Zhitong FinanceMar 29 10:40 ET
Suning.com Co., Ltd.'s (SZSE:002024) Shares Not Telling The Full Story
When you see that almost half of the companies in the Specialty Retail industry in China have price-to-sales ratios (or "P/S") above 1.1x, Suning.com Co., Ltd. (SZSE:002024) looks to be giving off som
Simply Wall StMar 22 21:15 ET
ST Tesco (002024.SZ): Has developed its own digital live streaming products and AI creation tools
Gelonghui, Feb. 23 | ST Tesco (002024.SZ) said on the interactive platform that currently uses the Baidu platform is Huibao Star Digital Person on the Baidu platform. The company has developed its own digital live streaming products and AI creation tools, which are now open for use by merchants and platform creators. We are also always watching the development of the industry to continuously improve and iterate our digital human products to better help platform merchants reduce costs and increase efficiency.
Gelonghui FinanceFeb 23 07:15 ET
ST Tesco (002024.SZ): Taobao China plans to transfer all of its shares to Hangzhou Haoyue
Gelonghui, Feb. 23 | ST Tesco (002024.SZ) announced that the company recently received a notice from shareholder Taobao (China) Software Co., Ltd. (“Taobao China”), and on February 20, 2024, Taobao China and Hangzhou Haoyue Enterprise Management Co., Ltd. (“Hangzhou Haoyue”) signed the “Share Transfer Agreement on Suning Tesco Group Co., Ltd.”, agreeing that Taobao China will transfer all 1,861,076,927 shares of Suning Tesco Group Co., Ltd. to Hangzhou Haoyue. This change in equity is a transfer of the company's shares between different entities under the same control within the Alibaba Group
Gelonghui FinanceFeb 23 06:28 ET
Does Suning.com (SZSE:002024) Have A Healthy Balance Sheet?
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously said that 'Volatility is far from synonymous with risk.' So it seems the smart m
Simply Wall StFeb 12 18:31 ET
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