Jiangsu Lettall Stock Hits Day Low of CNY 53.66 Amid Price Pressure

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Jiangsu Lettall Electronic Co., Ltd. saw a significant stock decline on February 24, 2026, despite impressive annual performance metrics, including a 124.62% increase over the past year. The company reported substantial net profit growth and a notable reduction in raw material costs, contributing to its strong financial health.
Jiangsu Lettall Stock Hits Day Low of CNY 53.66 Amid Price Pressure
Jiangsu Lettall Electronic Co., Ltd. experienced a notable decline today, with the stock dropping by 6.87% on February 24, 2026. The stock reached an intraday low of CNY 53.66, reflecting a significant shift in market sentiment. Despite this downturn, the company has shown impressive performance metrics over the past year, boasting a remarkable 124.62% increase compared to the China Shanghai Composite's 22.49% gain.
In addition to its strong annual performance, Jiangsu Lettall has demonstrated consistent growth, with a year-to-date increase of 109.53%. The company has also reported a substantial net profit growth of 1432.9% as of September 2025, alongside a notable operating cash flow of CNY 1,740.43 million. Furthermore, the reduction in raw material costs by 37.21% year-over-year has positively impacted its financial health. With a market capitalization of CNY 14,643 million, Jiangsu Lettall continues to be a significant player in the industrial manufacturing sector, maintaining a debt-to-equity ratio of 0.79 and a return on equity of 5.46%.
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