002024 Suning.com Co.,LTD.
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Suning.com Co.,LTD. News
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
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
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
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.
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
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
Suning.com Sees Slimmer Loss in 2023
Suning.com (SHE:002024) said its net loss likely narrowed in 2023 to about 3.25 billion yuan to 4.25 million yuan from 16.22 billion yuan in 2022. Loss per share is estimated to have also shrank to ab
Suning.com Co., Ltd.'s (SZSE:002024) Largest Shareholders Are Individual Investors With 30% Ownership, Private Companies Own 30%
Key Insights Significant control over Suning.com by individual investors implies that the general public has more power to influence management and governance-related decisions 61% of the business i
Market Chatter: Suning.com Founder Returns, Vows to Turn Retailer Profitable by Year-End
Suning.com (SHE:002024) founder Zhang Jindong is back in the company, aiming to steer the struggling electronics retailer back to profitability by the end of the year, Yicai Global reported Tuesday. Z
China's E-Commerce Logistics Activity Rises at Softer Rate in December 2023
Activity within China's e-commerce logistics sector expanded for the 12th consecutive month in December 2023, although at a softer rate than the previous month, according to the results of a survey by
China's E-Commerce Logistics Activity Rises at Faster Rate in November
Activity within China's e-commerce logistics sector expanded for the 11th consecutive month in November and at a faster rate than the previous month, according to the results of a survey by the China
The Past Five Years for Suning.com (SZSE:002024) Investors Has Not Been Profitable
Some stocks are best avoided. We don't wish catastrophic capital loss on anyone. Anyone who held Suning.com Co., Ltd. (SZSE:002024) for five years would be nursing their metaphorical wounds since th
[BT Financial Report Instantaneous Analysis] ST Tesco 2023 Quarterly Report: The home appliance 3C business is affected by the market, actively expanding the store network, and the loss situation has improved
Earnings announcement time: 2023-10-27 19:18:18 ST Tesco (stock code: 002024) is an enterprise focusing on home appliance retail. It has an omni-channel retail service network system and leading retail digital technology application and operation capabilities. In the current context of improving macroeconomic recovery, although consumers' consumption capacity and consumer confidence still need to be strengthened, ST Tesco actively adapts to consumer demand and industry trends, adheres to the development strategies of retail service providers, and is committed to providing household scenario solutions to achieve its own recovery and development. In terms of assets and liabilities, S
China's E-Commerce Logistics Activity Rises at Faster Rate in September
Activity within China's e-commerce logistics sector expanded for the ninth consecutive month in September at a faster rate than the previous month, according to the results of a survey by the China Fe
Private Companies Among Suning.com Co., Ltd.'s (SZSE:002024) Largest Shareholders, Saw Gain in Holdings Value After Stock Jumped 3.7% Last Week
Key Insights Suning.com's significant private companies ownership suggests that the key decisions are influenced by shareholders from the larger public The top 3 shareholders own 61% of the company
[Instant Analysis of BT Financial Report] ST Tesco's 2023 Interim Report: Loss Reduced, Cash Flow Increased Significantly
ST Tesco (stock code: 002024) has published its 2023 interim report. This article will explain its financial data in detail. First, we note that ST Tesco's revenue for the reporting period was 34,041,009 thousand yuan. Compared with 37,209,698 thousand yuan in the same period last year, there was a decline of -8.52%. Second, we see that net profit attributable to shareholders of listed companies was -1,929,544 thousand yuan for the reporting period and -2,740,821 thousand yuan for the same period last year, an increase or decrease of 29.60% over the same period of the previous year. Belonging to a listed company
Market Cool On Suning.com Co., Ltd.'s (SZSE:002024) Revenues
Suning.com Co., Ltd.'s (SZSE:002024) price-to-sales (or "P/S") ratio of 0.3x might make it look like a buy right now compared to the Specialty Retail industry in China, where around half of the compan
Wu Dingjian, president of ST Tesco (002024.SZ) regional business line, resigns
ST Tesco (002024.SZ) issued an announcement. The company's board of directors recently received a notice from the company that Wu Dingjian's personal circumstances...
Suning Tesco announced that it will upgrade its service provider system and build an open service platform
On August 18, Suning Tesco announced that it will build a more open retail service platform and carry out in-depth changes in the front, middle, and back office. According to information, Suning Tesco will accelerate the expansion of 300 Suning Yijia Plaza and city flagship stores, 20,000 retail clouds and strong franchise stores, and fully open up offline stores, online platforms, cloud warehousing services and digital supply chains under the model of 10,000 stores on the cloud network. Ren Jun, president of Suning Tesco Group, said that Suning Tesco will accelerate its upgrade from a retailer to a retail service provider, that is, a service-oriented retailer, with richer links to ecological partners, and serve a wider range of users and suppliers.
ST Tesco (002024.SZ): Half year advance loss of 1.5 billion to 2 billion yuan, narrowing year-on-year; core home appliance 3C business operations achieved profit in the second quarter
On July 16, 丨ST eBuy (002024.SZ) announced that net profit attributable to shareholders of listed companies for the half year 2023 is estimated to be a loss of 1.5 billion yuan to 2 billion yuan, compared to a loss of 2,741 billion yuan for the same period last year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss is a loss of 1.6 billion yuan to 2.1 billion yuan, compared to a loss of 2,757 billion yuan for the same period last year. The reasons for the change in performance are as follows: 1. During the reporting period, the company firmly implemented the retail service provider development strategy and focused on the 3C core business development of home appliances. With strong support from the Jiangsu and Nanjing municipal governments, all suppliers and partners
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