Jiangsu Pacific Quartz Hits Day Low of CNY 61.39 Amid Price Pressure

Jiangsu Pacific Quartz Co., Ltd. experienced significant volatility on June 1, 2026, with the stock declining by 8.61% and reaching an intraday low of CNY 61.39. This performance starkly contrasts with the China Shanghai Composite, which saw a modest decline of 0.27% on the same day. Over the past week, Jiangsu Pacific Quartz has faced a more pronounced downturn, with a 19.28% drop compared to the composite index's 2.28% decline. Despite a strong performance over the past year, where the stock surged by 104.7%, recent trends indicate challenges, including a 8.73% decrease in net sales and negative results reported for five consecutive quarters. The company's financial metrics reveal a complex picture. With a market capitalization of CNY 37,663 million, Jiangsu Pacific Quartz has a high P/E ratio of 258.00 and a return on equity of 1.69%. The operating cash flow has reached a low of CNY 51.67 million, and the company’s dividend yield stands at 0.18%. These figures suggest that while the stock has shown substantial growth in the past, current performance indicators reflect underlying difficulties.