--- title: "China Shun Ke Long posts first-quarter 2026 loss on higher operating costs" type: "News" locale: "en" url: "https://longbridge.com/en/news/283995663.md" description: "China Shun Ke Long Holdings Limited reported a net loss of approximately RMB2.38 million for Q1 2026, with operating revenue of about RMB96 million and operating costs of roughly RMB99 million. The company, part of a state-linked retail conglomerate, urged caution among investors as these figures are preliminary and subject to adjustment. The firm is listed on the Hong Kong Stock Exchange and operates retail businesses in mainland China, preparing financial statements under PRC Accounting Standards." datetime: "2026-04-24T11:42:54.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/283995663.md) - [en](https://longbridge.com/en/news/283995663.md) - [zh-HK](https://longbridge.com/zh-HK/news/283995663.md) --- # China Shun Ke Long posts first-quarter 2026 loss on higher operating costs ### Claim 30% Off TipRanks - Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions - Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks The latest update is out from China Shun Ke Long Holdings Limited ( (HK:0974) ). China Shun Ke Long Holdings Limited, controlled by Shenzhen-listed CCOOP Group Co., Ltd., operates retail and related commercial businesses in mainland China and is listed on the Hong Kong Stock Exchange. The company prepares its financial statements under PRC Accounting Standards and forms part of a larger state-linked retail conglomerate in the domestic market. The group disclosed that, for the three months ended 31 March 2026, it generated unaudited operating revenue of about RMB96 million but recorded operating costs of roughly RMB99 million, resulting in an unaudited net loss of around RMB2.38 million and total assets of approximately RMB240 million. Management emphasized that these figures are preliminary, unaudited and subject to potential adjustment, and urged investors to exercise caution when dealing in the company’s shares ahead of the controlling shareholder’s forthcoming quarterly results announcement on the Shenzhen Stock Exchange. **More about China Shun Ke Long Holdings Limited** China Shun Ke Long Holdings Limited is a Hong Kong–listed company incorporated in the Cayman Islands and controlled by CCOOP Group Co., Ltd., which is listed on the Shenzhen Stock Exchange. The group operates in mainland China, where it runs retail and related commercial operations, and reports its financial results under PRC Accounting Standards for Business Enterprises. **Average Trading Volume:** 42,354 **Technical Sentiment Signal:** Strong Sell **Current Market Cap:** HK$238.2M Learn more about 0974 stock on TipRanks’ Stock Analysis page. ### Related Stocks - [00974.HK](https://longbridge.com/en/quote/00974.HK.md) - [000564.CN](https://longbridge.com/en/quote/000564.CN.md) ## Related News & Research - [China Shun Ke Long Narrows Expected 2025 Net Loss in Supplemental Profit Warning](https://longbridge.com/en/news/278881044.md) - [China Shun Ke Long Narrows Annual Loss Despite Double-Digit Revenue Decline](https://longbridge.com/en/news/280828880.md) - [Alibaba Files Form 13F as Investment Manager, Highlights WVR Structure](https://longbridge.com/en/news/286686984.md) - [China Upgrades Departure Tax Refund Policy for Foreign Visitors](https://longbridge.com/en/news/286868862.md) - [05:20 ETThrough the America's Most Artistic Kid Competition, Colossal Raises $1.6 Million While Celebrating the Next Gen of Creative Visionaries](https://longbridge.com/en/news/287037755.md)