Suning.com Co., Ltd.

Equities

002024

CNE000001KF2

Computer & Electronics Retailers

End-of-day quote Shenzhen S.E. Other stock markets 06:00:00 2024-04-25 pm EDT			5-day change	1st Jan Change
1.52 ^CNY	+1.33%		+0.66%	-14.12%

Apr. 01	Suning.com's 2023 Loss Narrows 75% Despite 12% Revenue Drop	MT
Mar. 29	Suning.com Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2023	CI

Suning.com Co., Ltd. Auditor Raises 'Going Concern' Doubt

April 27, 2023

Suning.com Co., Ltd. filed its Annual on Apr 28, 2023 for the period ending Dec 31, 2022. In this report its auditor, PricewaterhouseCoopers Zhong Tian CPAs Ltd, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Latest news about Suning.com Co., Ltd.

Suning.com's 2023 Loss Narrows 75% Despite 12% Revenue Drop	Apr. 01	MT
Suning.com Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 29	CI
Hangzhou Haoyue Enterprise Management Co., Ltd. completed the acquisition of 19.99% stake in Suning.com Co., Ltd. from Taobao Software Co., Ltd.	Mar. 06	CI
Hangzhou Haoyue Enterprise Management Co., Ltd. signed the share transfer agreement to acquire 19.99% stake in Suning.com Co., Ltd. from Taobao Software Co., Ltd. for CNY 2.8 billion.	Feb. 23	CI
Taobao China Software to sell Suning.com stake to Alibaba affiliate	Feb. 23	RE
Suning.com Sees Slimmer Loss in 2023	Feb. 01	MT
Suning.com Founder Returns, Vows to Turn Retailer Profitable by Year-End	Jan. 09	MT
China’s E-Commerce Logistics Activity Rises at Softer Rate in December 2023	Jan. 08	MT
China’s E-Commerce Logistics Activity Rises at Faster Rate in November	Dec. 07	MT
Suning.com Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2023	23-10-27	CI
China’s E-Commerce Logistics Activity Rises at Faster Rate in September	23-10-16	MT
CITIC Trust, Huarong to Inject Up to 5 Billion Yuan in Suning.com	23-10-13	MT
China’s E-Commerce Logistics Activity Rises at Faster Rate in August	23-09-11	MT
Suning.com Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2023	23-08-30	CI
As China embraces membership stores, Sam's Club expansion gathers pace	23-07-20	RE
Suning-Owned Carrefour China Temporarily Restricts Gift Card Payments to Prevent Scalping	23-06-07	MT
China’s E-Commerce Logistics Activity Hits Highest Since 2022 in May	23-06-05	MT
China's fresh COVID wave raises concern of trading volume slowdown	23-05-10	RE
Suning.com Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2023	23-04-28	CI
Suning.com Co., Ltd. Auditor Raises 'Going Concern' Doubt	23-04-27	CI
Yuan overtakes dollar to become most-used currency in China's cross-border transactions	23-04-26	RE
China’s Online Retail Sales Rise 8.6% in Q1	23-04-23	MT
Suning.com Promotes Former IT Head to Chairman, President	23-04-09	MT
Suning.com Co., Ltd. Approves Management Appointments	23-04-07	CI
Carrefour China Launches New Community Shopping Center Model in Shanghai	23-04-05	MT

Chart Suning.com Co., Ltd.

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Company Profile

Suning.com Co., Ltd. specializes in the retail distribution of general public computing and electronic equipments and household devices. Net sales break down by family of products and services as follows: - communication products (26.3%); - small household appliances (23.3%); - computers and digital devices (12.4%); - refrigerators and washing machines (11.6%); - air conditioners (10.8%) - consumer electronics (10.6%); - logistics services (1.1%); - financial services (1.1%); - installation and maintenance services (0.6%); - other (2.2%). At the end of 2018, the marketing of the products is ensured through a network of over 11,000 stores worldwide. China accounts for 97.1% of net sales.

Sector

Computer & Electronics Retailers

Calendar

2024-04-29 - Q1 2024 Earnings Release

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Ratings for Suning.com Co., Ltd.

Trading Rating

Investor Rating

ESG Refinitiv

B-

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

1.52 CNY

Average target price

2.1 CNY

Spread / Average Target

+38.16%

Consensus

EPS Revisions

Estimates Revisions

Annual profits - Rate of surprise

Company calendar

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