Guoguang Electric Co. Hits Day Low Amid Price Pressure, Shares at CNY 104.40

Guoguang Electric Co., Chengdu experienced a significant decline today, with the stock dropping by 3.85% on February 24, 2026. The stock reached an intraday low of CNY 104.40, reflecting ongoing challenges within the company. Over the past week, Guoguang Electric has seen a decrease of 7.98%, while its performance over the last month has been even more pronounced, with a decline of 19.54%. Despite a remarkable 101.85% increase over the past year, the company's long-term growth prospects appear concerning, as net sales have contracted at an annual rate of 10.56% and operating profit has plummeted by 177.67% over the last five years. The company has reported negative results for four consecutive quarters, with operating cash flow hitting a low of CNY 53.36 million. Guoguang Electric's market capitalization stands at CNY 11,621 million, categorizing it as a large-cap company in the electronics and appliances sector. However, its financial metrics, including a low return on capital employed of 13.68% and a negative return on equity of 2.00%, indicate potential profitability issues.