Jiangsu Lettall Stock Hits Day Low of CNY 52.53 Amid Price Pressure

Jiangsu Lettall Electronic Co., Ltd. experienced a notable decline today, with the stock dropping by 3.83% as it reached an intraday low of CNY 52.53. This performance contrasts with the China Shanghai Composite, which fell by 1.26% on the same day. Over the past week, Jiangsu Lettall has seen a more significant decline of 6.56%, while its performance over the last month remains strong at 64.62%, significantly outperforming the composite index, which has decreased by 1.37%. Despite today's downturn, Jiangsu Lettall has shown impressive growth metrics over the past year, boasting a remarkable 103.56% increase, compared to the 22.49% rise in the China Shanghai Composite. The company has also demonstrated consistent returns over the last three years, with a staggering 325.71% increase during this period. Key financial indicators reveal a market capitalization of CNY 14,643 million and a P/E ratio of 310.00. The company has also reported a significant growth in net profit and a notable decrease in raw material costs, contributing to its overall financial health.