Shenzhen Kingdom Sci-tech Hits Day Low at CNY 13.05 Amid Price Pressure

Shenzhen Kingdom Sci-tech Co., Ltd. experienced a notable decline in its stock performance on May 29, 2026, with a decrease of 3.96%. The stock reached an intraday low of CNY 13.05, reflecting ongoing challenges within the company. Over the past week, the stock has fallen by 4.32%, and its performance over the last month shows a decrease of 3.11%. In the context of the broader market, the China Shanghai Composite index has shown a more modest decline of 0.73% for the day and 1.08% over the week. Year-to-date, Shenzhen Kingdom Sci-tech has seen a significant drop of 17.84%, contrasting sharply with the 2.51% gain of the Shanghai Composite. The company has faced persistent difficulties, with net sales plummeting by 50.19% in the latest quarter and a net profit loss of 47.76%. Additionally, the inventory turnover ratio stands at a low 2.82 times, indicating inefficiencies in managing stock. With a market capitalization of CNY 12,080 million, Shenzhen Kingdom Sci-tech continues to navigate a challenging landscape in the software products industry.