Beijing Haohan Data Technology Hits Day Low Amid Price Pressure at CNY 28.88

Beijing Haohan Data Technology Co., Ltd. experienced a significant decline today, with its stock price dropping by 8.75% to reach an intraday low of CNY 28.88. This performance starkly contrasts with the China Shanghai Composite, which fell by only 1.26% on the same day. Over the past week, Beijing Haohan has shown a positive trend, gaining 5.87%, but its one-month performance reflects a decline of 5.9%. Year-to-date, the stock has managed a modest increase of 0.69%, while its one-year performance stands at 26.96%, outperforming the China Shanghai Composite's 22.49% gain. Despite these figures, the company faces challenges, including a low Return on Capital Employed (ROCE) of 4.67%, indicating limited profitability relative to its capital. Additionally, net sales have contracted at an annual rate of 18.54% over the past five years, and the company has reported negative results for the last three consecutive quarters. With a market capitalization of CNY 2,782 million, Beijing Haohan operates within the Computers - Software & Consulting industry, but its financial metrics suggest a cautious outlook.