Jiangsu Haili Stock Hits Day Low of CNY 62.01 Amid Price Pressure

Jiangsu Haili Wind Power Equipment Technology Co., Ltd. experienced a significant decline today, with the stock dropping by 6.27% on May 29, 2026. The stock reached an intraday low of CNY 62.01, reflecting ongoing challenges in its market performance. Over the past week, Jiangsu Haili has seen a notable decrease of 11.82%, contrasting sharply with the China Shanghai Composite's decline of just 1.08%. Year-to-date, the stock has underperformed significantly, with a loss of 23.18%, while the broader index has gained 2.51%. In terms of financial metrics, the company reported a pre-tax profit of CNY -26.05 million, a staggering drop of 129.54% compared to previous periods. Additionally, net profit for the quarter fell by 84.82% to CNY 13.13 million. Despite these challenges, Jiangsu Haili maintains a return on equity of 5.66% and a price-to-book ratio of 2.72, indicating some level of valuation appeal. However, the long-term growth outlook remains subdued, with net sales declining at an annual rate of 10.36% over the past five years.