Ligeance Aerospace Hits Day Low at CNY 11.62 Amid Price Pressure

Ligeance Aerospace Technology Co., Ltd. experienced a notable decline today, with the stock dropping by 6.51% on May 29, 2026. The stock reached an intraday low of CNY 11.62, reflecting a challenging trading session. In terms of performance metrics, Ligeance has shown mixed results over various time frames. While the stock has gained 15.73% over the past month and 66.01% over the last year, it has faced a decline of 2.32% over the past week. Year-to-date, the stock is up 36.07%, significantly outperforming the China Shanghai Composite, which has only increased by 2.51% during the same period. Despite these gains, the company is grappling with a negative book value of Rs 33.19 crore and a return on equity of -13.74%. The stock's performance is further complicated by a debt-to-equity ratio of -0.21, indicating financial risk. Overall, Ligeance Aerospace Technology operates within the Aerospace & Defense sector, with a market capitalization of CNY 7,326 million, positioning it as a mid-cap entity in a competitive industry landscape.