Changbai Mountain Tourism Hits Day Low at CNY 38.41 Amid Price Pressure

Changbai Mountain Tourism Co., Ltd. experienced a significant decline in its stock performance today, with a drop of 5.12% as it reached an intraday low of CNY 38.41. This decline is notable when compared to the China Shanghai Composite, which fell by only 1.26% on the same day. Over the past week, the stock has decreased by 8.76%, and its performance over the last month shows a substantial decline of 16.05%. Despite a strong long-term performance, with a remarkable increase of 296.6% over three years and 391.08% over five years, recent trends indicate challenges. The company's return on capital employed (ROCE) stands at a low 8.26%, reflecting limited profitability relative to its capital. Additionally, the company has reported a decrease in profits by 17.9% over the past year, despite generating a return of 17.10%. With a market capitalization of CNY 10,867 million, Changbai Mountain Tourism operates within the tour and travel-related services industry. The current price-to-earnings ratio is notably high at 100.00, and the company maintains a dividend yield of 0.20%.