QuMei Home Furnishings Hits Day High with 7.32% Surge

QuMei Home Furnishings Group Co., Ltd. has experienced a notable increase of 7.32% on March 24, 2026, reaching an intraday high of CNY 3.52. This performance stands out against the backdrop of the China Shanghai Composite, which rose by 1.78% on the same day. Despite this daily gain, QuMei's longer-term performance metrics reveal a more complex picture. Over the past week, the stock has declined by 7.12%, and it has seen a decrease of 11.56% over the past month. Year-to-date, the stock is down 2.49%, while its performance over the last three and five years shows significant declines of 49.13% and 59.77%, respectively. The company operates within the furniture and home furnishing industry and holds a market capitalization of CNY 2,235 million. Key financial indicators highlight challenges, including a low Return on Capital Employed (ROCE) of 3.57% and a Debt to Equity ratio of 0.99. These figures suggest ongoing issues with profitability and long-term growth potential.