Shandong Yabo Technology Hits Day Low of CNY 2.16 Amid Price Pressure

Shandong Yabo Technology Co., Ltd. experienced significant volatility today, with the stock hitting an intraday low of CNY 2.16, reflecting a decline of 14.5% on February 24, 2026. This performance starkly contrasts with the China Shanghai Composite, which saw a modest decrease of 1.26% on the same day. Despite a strong performance over the past month, where the stock surged by 31.76%, Shandong Yabo's recent downturn highlights ongoing financial challenges. The company has reported negative results for the last eight consecutive quarters, with net sales for the first nine months showing a decline of 34.06% and a net profit loss of CNY 178.3 million, marking a staggering drop of 154.3%. The company's long-term fundamentals appear weak, with a debt-to-equity ratio of 0.43 and a return on equity of -56.53%. Over the past three years, Shandong Yabo has consistently underperformed against the benchmark, raising concerns about its market position within the electronics and appliances industry. As it navigates these challenges, the stock's performance remains closely monitored by market participants.