Cre8 Direct Hits Day Low of CNY 24.48 Amid Price Pressure

Cre8 Direct (Ningbo) Co., Ltd., operating in the Paper, Forest & Jute Products industry, experienced a significant decline today, with its stock price dropping by 11.19%. The stock reached an intraday low of CNY 24.48, reflecting a challenging trading session. Over the past week, Cre8 Direct has seen a decrease of 11.47%, while its performance over the last month shows a decline of 12.42%. Despite these short-term setbacks, the company has demonstrated strong performance over the longer term, with a remarkable 45.97% increase in stock value over the past year, significantly outperforming the China Shanghai Composite, which rose by 22.49% during the same period. Financial metrics indicate that Cre8 Direct maintains a solid return on equity of 16.08% and a price-to-book ratio of 4.23. The company also boasts a high dividend yield of 0.55%. However, its net sales and operating profit growth rates over the last five years have been relatively modest at 16.75% and 16.28%, respectively. As a small-cap company with a market capitalization of CNY 3,167 million, Cre8 Direct continues to navigate a competitive landscape.