Guangdong Great River Smarter Logistics Hits Day Low Amid Price Pressure

Guangdong Great River Smarter Logistics Co., Ltd. experienced a significant decline today, with its stock price dropping by 7.69% to reach an intraday low of CNY 10.30. This performance marks a stark contrast to the China Shanghai Composite, which saw a modest gain of 0.43% on the same day. Over the past week, Guangdong Great River has faced a steep decline of 20.95%, and its one-month performance shows a decrease of 19.55%. Year-to-date, the stock has fallen by 6.11%, while its performance over the last three years reveals a substantial drop of 52.63%. In comparison, the China Shanghai Composite has shown a positive return of 2.68% year-to-date and 26.16% over the past three years. The company's financial metrics indicate ongoing challenges, with a negative net profit of CNY -374.03 million and a return on capital employed (ROCE) of -18.23%. Despite being net-debt free, the company has reported negative results for the last eight consecutive quarters, highlighting its struggle to maintain profitability in a competitive transport services industry.