Grandjoy Holdings Hits Day Low of CNY 3.49 Amid Price Pressure

Grandjoy Holdings Group Co., Ltd., a large-cap player in the realty sector, experienced a notable decline today, with its stock price dropping by 3.57% to touch an intraday low of CNY 3.49. This performance stands in contrast to the China Shanghai Composite, which fell by 1.26% on the same day. Over the past week, Grandjoy's stock has seen a more significant decline of 5.9%, while its performance over the last month shows a positive trend with a gain of 21.03%. However, the company has faced challenges in the longer term, with a three-year performance decline of 7.39% and a five-year drop of 2.23%. Financial metrics indicate that Grandjoy has struggled with profitability, reflected in an average Return on Equity (ROE) of just 2.61%. The company reported a net profit loss of CNY 257.65 million, marking a significant year-over-year decline. Additionally, raw material costs have increased by 21.1%, further impacting the company's financial health. Overall, Grandjoy Holdings continues to navigate a complex market landscape amid fluctuating performance indicators.