Shenzhen FRD Science & Technology Hits Day Low Amid Price Pressure at CNY 35.01

Shenzhen FRD Science & Technology Co., Ltd. experienced a notable decline today, with the stock dropping by 3.38% on February 24, 2026. The stock reached an intraday low of CNY 35.01, reflecting a shift in market dynamics. Despite this day's downturn, the company has shown strong performance over the longer term, with a remarkable 75.42% increase over the past year, significantly outperforming the China Shanghai Composite, which rose by 22.49% during the same period. In addition to its impressive annual performance, Shenzhen FRD has also reported a substantial net profit growth of 229.09% in its latest quarterly results, further highlighting its financial strength. The company has maintained positive results for five consecutive quarters, showcasing its resilience in the electronics and appliances sector. With a market capitalization of CNY 14,258 million, Shenzhen FRD's financial metrics, including a return on equity of 9.82% and a low debt-to-equity ratio of 0.28, position it favorably within its industry. As the company navigates current market conditions, its historical performance remains a point of interest for stakeholders.