Shenzhen FRD Science & Technology Hits Day Low Amid Price Pressure at CNY 36.88

Shenzhen FRD Science & Technology Co., Ltd. experienced a notable decline today, with the stock dropping by 7.89% on March 3, 2026. The stock reached an intraday low of CNY 36.88, reflecting a significant shift in market sentiment. Despite this day's downturn, the company has shown strong performance metrics over various time frames. In the past year, Shenzhen FRD has achieved a remarkable 69.51% increase, significantly outperforming the China Shanghai Composite, which rose by 22.49% during the same period. The company's year-to-date performance stands at 11.64%, again surpassing the broader market's 2.85% gain. Financially, Shenzhen FRD reported a substantial net profit growth of 229.09% as of March 25, with a quarterly net profit of CNY 57.76 million, marking a 144.4% increase. The company's return on equity is reported at 9.82%, and it maintains a healthy debt-to-equity ratio of 0.28. These indicators suggest a robust operational foundation, even as the stock faces short-term volatility.