Genimous Technology Hits Day Low of CNY 9.01 Amid Price Pressure

Genimous Technology Co., Ltd. experienced a significant decline today, with the stock dropping by 4.65% to reach an intraday low of CNY 9.01. This performance stands in contrast to the China Shanghai Composite, which fell by only 1.26% on the same day. Over the past week, Genimous has seen a decrease of 3.32%, while its monthly performance reflects a more substantial decline of 11.31%. In the context of longer-term performance, Genimous has underperformed the market, with a one-year return of -4.95% compared to the China Shanghai Composite's impressive gain of 22.49%. The company has faced challenges, including a low Return on Capital Employed (ROCE) of 2.33% and a significant drop in net sales, which have decreased at an annual rate of 19.39% over the last five years. Additionally, the company has reported negative results for three consecutive quarters, with operating cash flow reaching a low of CNY -328.85 million. Despite a market capitalization of CNY 11,712 million, Genimous Technology's financial metrics indicate ongoing difficulties in achieving profitability and growth.