trending Market Intelligence /marketintelligence/en/news-insights/trending/Z-4cpmZHZV6ZF80wNHd4Kw2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Xingquan International Sports fiscal Q3 profit climbs 54.5% YOY

Mining Exploration Insights – September 2020

Amid Pandemic, Airlines Forge a New Survival Metric: Daily Cash Burn

Industries Most and Least Impacted by COVID-19 from a Probability of Default Perspective – September 2020 Update

Complying with International Financial Reporting Standard IFRS 9


Xingquan International Sports fiscal Q3 profit climbs 54.5% YOY

Xingquan International Sports Holdings Ltd said its normalized net income for the fiscal third quarter ended March 31 came to 21 fen per share, a gain of 40.5% from 15 fen per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 69.3 million yuan, a gain of 54.5% from 44.9 million yuan in the prior-year period.

The normalized profit margin climbed to 21.3% from 13.3% in the year-earlier period.

Total revenue decreased year over year to 324.9 million yuan from 336.2 million yuan, and total operating expenses declined 13.8% year over year to 227.6 million yuan from 264.2 million yuan.

Reported net income rose 65.2% on an annual basis to 86.1 million yuan, or 25 fen per share, from 52.1 million yuan, or 17 fen per share.

As of May 27, US$1 was equivalent to 6.20 yuan.