Hangzhou Raycloud Technology Hits Day Low of CNY 22.69 Amid Price Pressure

Hangzhou Raycloud Technology Co., Ltd. experienced significant volatility on February 24, 2026, with the stock declining by 9.74% and reaching an intraday low of CNY 22.69. This performance starkly contrasts with the China Shanghai Composite, which fell by only 1.26% on the same day. Over the past week, Hangzhou Raycloud has seen a decrease of 7.72%, while its performance over the last month shows a notable decline of 19.05%. Despite these short-term challenges, the company has demonstrated a year-to-date increase of 36.75%, outperforming the broader market index, which has risen by 2.85%. Financial metrics indicate that the company is facing difficulties, with a low Return on Capital Employed (ROCE) of 0.37%, reflecting limited profitability relative to its capital. Additionally, the company has reported a concerning annual growth rate of just 1.49% in net sales over the last five years, alongside a significant operating profit decline of 194.86%. As a mid-cap player in the software products industry, Hangzhou Raycloud's market capitalization stands at CNY 9,969 million, but its financial indicators suggest a challenging environment ahead.