OFILM Group Hits Day Low of CNY 12.02 Amid Price Pressure

OFILM Group Co., a prominent player in the Electronics & Appliances sector, experienced a significant decline today, with its stock price dropping by 5.77%. The stock reached an intraday low of CNY 12.02, reflecting ongoing challenges within the company.
In terms of performance metrics, OFILM has shown a stark contrast to the broader market, as evidenced by its 1-day performance compared to the China Shanghai Composite, which fell only 0.19%. Over the past week, OFILM's stock has decreased by 7.64%, and its monthly performance stands at a decline of 9.57%. Despite a notable annual increase of 30.28%, the company has faced difficulties in recent quarters, reporting negative results for three consecutive periods.

Financially, OFILM's fundamentals reveal a concerning picture, with a high debt-to-equity ratio of 1.71 and a return on equity of -0.34%. The company has struggled with declining net sales, which have decreased by 18.23%, and an average return on capital employed (ROCE) of just 1.12%. These factors contribute to a challenging environment for OFILM Group Co. as it navigates its current market position.