China Resources Double-Crane Stock Hits Day Low Amid Price Pressure at CNY 16.00

3 hours ago
share
Share Via
China Resources Double-Crane Pharmaceutical Co., Ltd. faced a significant decline in stock value, reflecting ongoing challenges. The company has underperformed over the past year, with modest net sales growth and low operating cash flow. In contrast, the broader market, represented by the Shanghai Composite index, has shown positive gains.
China Resources Double-Crane Stock Hits Day Low Amid Price Pressure at CNY 16.00
China Resources Double-Crane Pharmaceutical Co., Ltd. experienced a notable decline today, with the stock hitting an intraday low of CNY 16.00, reflecting a decrease of 3.78% for the day. This performance is part of a broader trend, as the company has seen a 3.49% drop over the past week and a 4.18% decline over the past month.
In the context of the larger market, the China Shanghai Composite index has shown a contrasting performance, gaining 0.5% today. Over the past year, China Resources Double-Crane has underperformed significantly, with a return of -14.04%, while the Shanghai Composite has risen by 18.87%. Key financial metrics indicate that the company has faced challenges, with net sales growing at an annual rate of only 5.57% over the last five years. The operating cash flow has reached a low of CNY 1,632.37 million, and the interest coverage ratio is at its lowest point. Despite a relatively attractive valuation with a price-to-book ratio of 1.76 and a dividend yield of 2.5%, the stock's performance has been below par in both the short and long term.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News