Welcome to our dedicated page for Nisun Intl Ent Dvpmt Gp Co news (Ticker: NISN), a resource for investors and traders seeking the latest updates and insights on Nisun Intl Ent Dvpmt Gp Co stock.
Nisun International Enterprise Development Group Co Ltd (NISN) operates at the intersection of technology-driven supply chain solutions and fintech innovation. This news hub provides investors and business partners with verified updates on strategic developments, financial performance, and operational milestones.
Access timely announcements covering supply chain financing initiatives, cross-industry partnerships, and technological advancements across Nisun's core sectors including agricultural commodities, traditional Chinese medicine logistics, and digital trade platforms. Our curated collection features earnings disclosures, regulatory filings, and market expansion updates essential for informed analysis.
Key content categories include quarterly financial results, major contract awards, leadership updates, and innovations in supply chain asset management. Track the company's progress in integrating fintech solutions with traditional industries through verified press releases and objective reporting.
Bookmark this page for streamlined access to Nisun International's corporate communications. Combine regular monitoring with independent research to maintain current understanding of the company's evolving market position in China's technology-enhanced supply chain sector.
Nisun International reported its full year 2024 financial results, showing resilience despite challenging economic conditions. The company posted total revenue of $340.2 million, a 12% decrease from 2023, with net income of $5.9 million and earnings per share of $1.43.
Key financial highlights:
- Strong cash position of $45.0 million ($11.11 per share)
- Gross profit of $30.9 million, down 23% from 2023
- Operating income decreased 81% to $3.6 million
The company strategically scaled down bulk trading volume to minimize losses during China's economic slowdown. Notable developments include expansion into the gold industry supply chain financing business, generating a $1.9 million revenue increase in H2 2024. Management remains focused on technology-driven integrated supply chain financing solutions, maintaining a positive outlook despite current market challenges.
Nisun International (Nasdaq: NISN), a technology-driven integrated supply chain solutions provider, has scheduled to release its audited financial results for the full year ended December 31, 2024. The results will be announced on Tuesday, April 29th, 2025, after market close at 4:15 p.m. New York Time.
The company will host a conference call at 4:30 p.m. New York Time on the same day to discuss the financial results and provide business updates. The call will be accessible via multiple dial-in numbers across the US, Canada, and China. A webcast replay will be available for 7 days starting April 30, 2025.
Nisun International (NASDAQ: NISN) has announced a strategic partnership with Gold of China to expand its gold business segment, targeting sales growth of $30-$50 million in 2025. The collaboration comes amid soaring gold prices, which have reached eight record highs in 2025, rising nearly 11% year-to-date following a 27% increase in 2024.
The partnership combines Nisun's supply chain management capabilities with Gold of China's expertise in gold jewelry wholesale and retail. The venture focuses on three key initiatives: centralized procurement for cost-effective gold sourcing, retail innovation to meet growing demand for investment gold bars, and wholesale expansion leveraging Gold of China's industry presence.
Gold of China, founded in 1992 and approved by the People's Bank of China (stock code: 871846), is a national leader in the gold industry. The collaboration aims to build a comprehensive gold service platform spanning the entire industry chain.
Nisun International (NASDAQ: NISN) has released its 2025 business forecast, projecting revenue between $420-510 million and net profit of $16-20 million. The growth strategy focuses on three key areas:
1. Supply chain financing solutions, expected to grow >36% YoY, backed by strategic partnerships including Beijing Tongrentang Technology and recent entries into rubber supply chain ($13.5M initial order) and corn trading.
2. SME financing solutions, projected to grow 20-30% in 2025, leveraging Chinese government stimulus policies.
3. KFC franchise expansion through Nanjing Pin Bai Sheng, planning to add 50 college restaurants in 2025, with expected daily revenue of $2,061-$2,518 per store and 15% net profit margin, contributing $30-40M in revenue.
The company anticipates overall performance growth of 25-50% YoY in 2025.
Nisun International (NASDAQ: NISN) has released its preliminary financial guidance for 2024 and strategic business updates. The company expects 2024 revenues between USD 300-350 million, net income of USD 11-15 million, and EPS ranging from USD 2.6-3.6.
Following a strategic review, Nisun is reducing low-margin supply chain trading operations to focus on higher-return activities, particularly supply chain financing solutions like AR factoring. This shift leverages third-party financial institutions rather than company capital. Additionally, the company plans to expand its KFC operations on college campuses, viewing this as a complementary growth driver.
The company anticipates releasing its annual report before April 2025 and expects a return to growth in 2025.
Nisun International (NASDAQ: NISN) has announced additional share repurchases under its $15 million buyback program launched on October 9, 2024. As of December 17, 2024, the company has repurchased 121,341 shares at an average price of $8.68 per share, totaling $1.05 million.
The company believes its stock is currently undervalued, trading at a significant discount to book value and at a P/E ratio below industry average. The buyback is expected to be accretive to earnings per share. CEO Xin Liu highlighted recent expansion into new sectors including rubber supply chains, traditional Chinese medicine, and campus catering through strategic partnerships. The company sees favorable conditions for growth supported by Chinese government stimulus measures.
Nisun International (Nasdaq: NISN) has announced a strategic cooperation agreement with Henan Yingda Feng Agricultural Development for the annual supply of 200,000 tons of corn products, valued at approximately $82 million USD. This expansion into the agricultural supply chain sector follows the company's successful entry into the rubber supply chain industry. The agreement represents a significant milestone in Nisun's business diversification strategy and strengthens its position in Henan Province, one of China's largest agricultural hubs.
Nisun International (Nasdaq: NISN) announced the acquisition of a minority stake in Nanjing Pin Bai Sheng, a leading KFC franchisee in China. This strategic move aims to enhance Nisun's presence in the campus catering and supply chain markets. Nanjing Pin Bai Sheng is renowned for its partnerships with global food brands and provides catering services to educational institutions, government agencies, and corporations. The acquisition is expected to leverage synergies in supply chain management, distribution, and digitalization, significantly boosting both companies' capabilities in high-consumption environments like university campuses.
The recent success of a KFC campus project at Guangzhou Technical Normal University highlights the operational synergies between the two companies. CEO Xin Liu emphasized that this partnership aligns with Nisun's strategic vision to integrate supply chain efficiencies with new consumer markets. The companies plan to expand to over 200 campus locations, aiming for scalability, reliability, and quality in campus catering.
Nisun International (Nasdaq: NISN) has entered the rubber supply chain market through strategic partnerships with Shandong Hi-Speed Qingdao West Coast Port, Shanneng Smart Industrial Technology, and Ningbo Weiduoduo New Material Technology. The initial orders total $13.5 million, involving the delivery of 6,484.8 tons of rubber products. The company aims to capture growth opportunities in China's rubber industry, which serves industrial, transportation, agricultural, and healthcare sectors. One notable partner, Shandong Hi-Speed Group, is a Fortune Global 500 state-owned capital investment company.
Nisun International (Nasdaq: NISN) has initiated its $15 million share buyback program by repurchasing 39,112 shares at an average price of $14.1263 per share, totaling $552,508. The repurchases were executed on October 17, 2024. The company views this buyback as strategic, given that the stock trades at a significant discount to cash value with a P/E ratio below 3. The initiative aims to enhance shareholder value and is expected to positively impact earnings per share (EPS) by reducing outstanding shares.