Beijing Sinnet Technology Hits Day Low of CNY 15.52 Amid Price Pressure

Beijing Sinnet Technology Co., Ltd. experienced significant volatility on February 24, 2026, with the stock declining by 14.36% and reaching an intraday low of CNY 15.52. This performance starkly contrasts with the China Shanghai Composite, which fell only 1.26% on the same day. Over the past week, Beijing Sinnet has shown a positive trend, gaining 5.52%, and over the past month, it has increased by 3.32%. However, the one-year performance remains negative at -7.63%, while the year-to-date performance stands at a notable 26.78%. Despite these fluctuations, the company has faced challenges, reporting a decline in net sales by 15.93% and a significant drop in pre-tax profit by 53.23% in its latest quarterly results. With a market capitalization of CNY 27,155 million, Beijing Sinnet operates within the Commercial Services & Supplies industry. The company's price-to-earnings ratio is notably high at 143.00, indicating a premium valuation in the market. Additionally, the return on equity is relatively low at 1.05%, reflecting ongoing financial pressures.