Beijing E-hualu Hits Day Low at CNY 12.44 Amid Price Pressure

Beijing E-hualu Information Technology Co., Ltd. has experienced significant downward movement today, with the stock declining by 5.96% as it reached an intraday low of CNY 12.44. This performance stands in stark contrast to the China Shanghai Composite, which fell by only 1.26% on the same day. Over the past month, Beijing E-hualu has seen a staggering decline of 39.92%, and its year-to-date performance reflects a drop of 28.6%. The company's long-term outlook appears challenging, with a notable decrease in net sales and a substantial operating loss reported over the last eight consecutive quarters. The net profit for the first half of the year was reported at CNY -2,372.2 million, marking a decline of 54.36%. The company's financial metrics indicate a high debt-to-equity ratio of 17.89, alongside a return on equity of -1,027.99%. With a market capitalization of CNY 8,304 million, Beijing E-hualu continues to face hurdles in its operational performance, as evidenced by its negative growth trends and underperformance relative to the broader market.