Chongqing Polycomp Hits Day Low of CNY 12.55 Amid Price Pressure

Chongqing Polycomp International Corp. experienced a notable decline today, with the stock dropping by 3.0% on March 11, 2026. The stock reached an intraday low of CNY 12.55, reflecting a challenging trading session. In comparison, the China Shanghai Composite index showed a modest gain of 0.25% for the day. Over the past week, Chongqing Polycomp has seen a decrease of 3.6%, while its performance over the past month remains positive at 6.78%. Year-to-date, the stock has demonstrated a robust increase of 80.0%, significantly outperforming the China Shanghai Composite's 4.15% gain. Despite the recent downturn, the company has reported impressive growth metrics, including a 18.3% increase in net sales and a remarkable 323.53% rise in pre-tax profit for the quarter. However, the stock's valuation appears risky, with a price-to-book ratio of 1.06 and a return on equity of 0.09%. The market capitalization stands at CNY 17,780 million, positioning Chongqing Polycomp as a large-cap player in the furniture and home furnishing industry.