Jiangsu Hanvo Stock Hits Day Low of CNY 43.03 Amid Price Pressure

Jiangsu Hanvo Safety Product Co., Ltd. experienced a significant decline today, with the stock dropping by 7.97% and reaching an intraday low of CNY 43.03. This performance stands in contrast to the China Shanghai Composite, which fell by only 1.26% on the same day. Over the past week, Jiangsu Hanvo has seen a decrease of 7.62%, while its one-month performance remains positive at 1.68%. Despite a strong yearly performance of 65.12%, the company has faced challenges in the short term, as indicated by its recent financial metrics. The company reported a net sales growth rate of 13.61% over the last five years, but its operating profit has declined at an annual rate of 1.15%. The return on equity stands at 8.97%, and the price-to-book ratio is 1.24, suggesting a fair valuation. With a market capitalization of CNY 2,108 million, Jiangsu Hanvo operates within the pharmaceuticals and biotechnology sector, where it currently holds a dividend yield of 0.49%.