KEDE Numerical Control Hits Day Low at CNY 59.99 Amid Price Pressure

KEDE Numerical Control Co., Ltd. experienced significant volatility on July 13, 2026, with the stock declining by 10.52% and hitting an intraday low of CNY 59.99. This performance starkly contrasts with the China Shanghai Composite, which fell by only 2.06% on the same day. Over the past week, KEDE's stock has dropped 16.79%, indicating a continued downward trend. The company's financial metrics reveal a challenging landscape, with net sales plummeting by 32.32% to CNY 151.37 million. Pre-tax profit also saw a substantial decline of 57.35%, amounting to CNY 28.52 million, while net profit fell by 56.4% to CNY 25.11 million. Despite a year-over-year return of 5.61%, KEDE's performance has lagged behind the broader market, which has seen returns of 22.49% over the same period. With a market capitalization of CNY 8,700 million, KEDE operates within the industrial manufacturing sector. The company's price-to-earnings ratio stands at 97.00, reflecting a high valuation relative to its earnings. The current dividend yield is 0.15%, indicating a modest return for shareholders.