Guangdong Suqun Stock Hits Day Low of CNY 178.01 Amid Price Pressure

Guangdong Suqun New Material Co., Ltd. experienced a notable decline today, with the stock dropping by 5.2% and reaching an intraday low of CNY 178.01. This performance stands in contrast to the China Shanghai Composite, which fell by 1.26% on the same day. Despite this downturn, Guangdong Suqun has shown resilience over the past month, with a 3.57% increase compared to the composite's decline of 1.37%. Over the past year, the company has delivered an impressive return of 281.75%, significantly outperforming the market's 22.49% gain. Key financial metrics indicate that the company has a market capitalization of CNY 8,435 million and a price-to-earnings ratio of 220.00. However, it faces challenges with a low return on capital employed (ROCE) of 7.08% and a return on equity (ROE) of 0.00%. The company has also reported a high dividend yield of 0.04%, although its profits have decreased by 12% over the past year. Overall, while Guangdong Suqun New Material Co., Ltd. has shown strong historical performance, today's activity reflects a significant shift in its trading dynamics.