Loncin Motor Co. Hits Day Low of CNY 14.63 Amid Price Pressure

Loncin Motor Co., a prominent player in the automobile industry, experienced a notable decline today, with its stock price dropping by 3.01% on March 19, 2026. The stock reached an intraday low of CNY 14.63, reflecting a challenging trading session. In terms of performance metrics, Loncin Motor has shown a mixed trend over various time frames. Over the past week, the stock decreased by 2.56%, while its monthly performance indicates a decline of 4.69%. However, on a yearly basis, Loncin Motor has demonstrated resilience, boasting a 34.21% increase compared to the China Shanghai Composite's 16.93% gain. Despite the recent downturn, the company has reported positive financial results over the last five consecutive quarters, with a significant increase in net sales and net profit. The operating cash flow reached its highest at CNY 3,692.23 million, and the company maintains a strong return on equity of 16.81%. With a market capitalization of CNY 31,953 million, Loncin Motor continues to be a significant entity in the automotive sector.