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CNGR Advanced Material Co., Ltd.
CNGR Advanced Material Hits Day Low of CNY 44.70 Amid Price Pressure
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CNGR Advanced Material Hits Day Low of CNY 45.02 Amid Price Pressure
CNGR Advanced Material Co., Ltd. saw its stock decline significantly today, contrasting with the modest decrease of the China Shanghai Composite. The company has reported negative results for three consecutive quarters, with a notable drop in net profit and a high debt-to-equity ratio, raising concerns about its profitability.
CNGR Advanced Material Hits Day Low of CNY 44.56 Amid Price Pressure
CNGR Advanced Material Co., Ltd. saw a notable stock decline on October 13, 2025, amid a challenging trading environment. Despite a strong year-to-date return, the company has struggled with negative quarterly results and a high debt-to-equity ratio, raising concerns about its financial stability and market performance.
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