**Wu's Passing Data: Shenhua, Date, Location, Publication, Name**

Shenhua, a Chinese e-commerce giant, was undergoing significant changes in its financial performance. The company's passing data reveals a sharp decline in revenue, particularly in the first quarter of 2023, which dropped to 5.16 billion yuan. Despite this, the company continued to report a modest net income of 1.4 billion yuan, indicating a mixed performance.

Key metrics from Shenhua's passing data include a gross profit of 3.5 billion yuan and operating expenses of 4.2 billion yuan, resulting in a net loss of 700 million yuan. The company's gross profit margin improved slightly to 25.5%, but its operating margin decreased to 18.5%.

In comparison, Shenhua's financial performance also took a hit during a global economic downturn, with its revenue dropping by 20% and its net income shrinking by 15%. Despite these challenges, Shenhua maintained its leadership in the e-commerce sector, with its shares trading at a premium to the market.

This article highlights the difficulties faced by Shenhua during the past quarter, emphasizing the importance of careful financial analysis and strategic planning to navigate economic uncertainties.

• Data
• Passing
• Wu
• Shenhua
• Date