ShenZhen HuiJie Group Hits Day Low at CNY 6.88 Amid Price Pressure

Mar 24 2026 06:10 PM IST
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ShenZhen HuiJie Group Co., Ltd., a small-cap footwear company, saw its stock decline significantly amid broader market pressures. The company has faced ongoing financial challenges, including negative results for four consecutive quarters and a sharp drop in pre-tax profit, despite maintaining a high dividend yield.
ShenZhen HuiJie Group Hits Day Low at CNY 6.88 Amid Price Pressure
ShenZhen HuiJie Group Co., Ltd., a small-cap player in the footwear industry, experienced a significant decline today, with its stock dropping by 7.05% on March 23, 2026. The stock reached an intraday low of CNY 6.88, reflecting broader market pressures as the China Shanghai Composite index fell by 3.63% on the same day.
Over the past week, ShenZhen HuiJie has seen a 12.3% decrease, and its performance over the last month shows a decline of 13.38%. Year-to-date, the stock is down 3.19%, while its one-year performance remains slightly positive at 1.3%. However, a longer-term view reveals challenges, with a notable 62.63% drop over the past decade compared to the China Shanghai Composite's 26.69% gain. Financial metrics indicate that the company has faced difficulties, with negative results reported for the last four consecutive quarters. Operating cash flow is at its lowest, and pre-tax profit has fallen sharply by 65.75%. Despite these challenges, the company maintains a high dividend yield of 12.58%, which may attract attention in the current market environment.
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