Shenzhen Bromake Hits Day Low at CNY 67.40 Amid Price Pressure

3 hours ago
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Shenzhen Bromake New Material Co., Ltd. faced notable volatility on July 13, 2026, with a significant stock decline amid a broader market downturn. The company has experienced a steep weekly drop and substantial monthly losses, alongside negative quarterly results, raising concerns about its financial health despite an annual gain.
Shenzhen Bromake Hits Day Low at CNY 67.40 Amid Price Pressure
Shenzhen Bromake New Material Co., Ltd. experienced significant volatility on July 13, 2026, with the stock declining by 8.66% and reaching an intraday low of CNY 67.40. This performance starkly contrasts with the broader market, as the China Shanghai Composite index fell by only 2.06% on the same day.
Over the past week, Shenzhen Bromake has seen a steep decline of 14.8%, and its monthly performance reflects a substantial drop of 30.76%. Despite a notable annual gain of 77.21%, the company has faced challenges, including negative results in the last two consecutive quarters. Key financial metrics indicate a concerning trend, with net profit for the latest quarter reported at CNY -1.83 million, a significant decrease of 110.86%. The company's market capitalization stands at CNY 2,605 million, categorizing it as a small-cap entity within the electronics and appliances industry. With a high dividend yield of 0.1% and a price-to-book ratio of 1.60, the stock's current trading conditions suggest a complex financial landscape for investors to navigate.
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