Chongqing Polycomp Hits Day Low of CNY 10.16 Amid Price Pressure

Chongqing Polycomp International Corp. experienced a notable decline today, with the stock dropping by 6.39% on March 23, 2026. The stock reached an intraday low of CNY 10.16, reflecting a challenging trading session. Over the past week, the stock has seen a significant decrease of 15.57%, and its performance over the last month shows a decline of 19.04%. Despite these short-term fluctuations, the company has demonstrated strong performance over the past year, boasting a remarkable return of 192.86%, significantly outperforming the China Shanghai Composite, which recorded a return of 13.33%. Chongqing Polycomp's financial metrics indicate a robust growth trajectory, with net sales increasing by 19.01% over the first nine months, and a notable pre-tax profit growth of 323.53% in the latest quarter. However, the company faces a challenging valuation landscape, with a price-to-earnings ratio of 1,201.00 and a return on equity of 1.42%. As a large-cap player in the furniture and home furnishing industry, Chongqing Polycomp continues to navigate a complex market environment.