tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Ronshine China Reports Significant Financial Decline in 2025 Interim Results

Story Highlights
Ronshine China Reports Significant Financial Decline in 2025 Interim Results

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Ronshine China Holdings Ltd. ( (HK:3301) ) just unveiled an update.

Ronshine China Holdings Limited reported a significant downturn in its interim financial results for the six months ending June 30, 2025. The company experienced a 37.30% drop in contracted sales and an 85.06% decrease in total revenue compared to the same period in 2024. The gross profit also plummeted by 80.61%, leading to a substantial loss of RMB1,704.13 million, a stark contrast to the profit recorded in the previous year. The gearing ratio increased significantly, indicating higher financial leverage, which could impact the company’s future financial stability and stakeholder confidence.

More about Ronshine China Holdings Ltd.

Ronshine China Holdings Limited is a company incorporated in the Cayman Islands, primarily operating in the real estate industry. It focuses on property development and sales, catering to the growing housing demands in China.

Average Trading Volume: 1,765,462

Technical Sentiment Signal: Sell

Current Market Cap: HK$333.3M

For detailed information about 3301 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1