Shenzhen Lihexing Co. Hits Day Low of CNY 50 Amid Price Pressure

Shenzhen Lihexing Co., Ltd. experienced significant volatility on June 8, 2026, with the stock declining by 9.64% and hitting an intraday low of CNY 50.00. This performance stands in contrast to the China Shanghai Composite, which fell by only 1.7% on the same day. Over the past week, Shenzhen Lihexing has shown a positive trend, gaining 9.74%, but its one-month performance remains strong at 79.86%. Year-to-date, the stock has increased by 81.4%, and over the past year, it has surged by an impressive 186.9%. However, despite these gains, the company has faced challenges, reporting negative results for the last five consecutive quarters, including a net profit of CNY -98.88 million, which reflects a significant decline. The company's financial metrics indicate a weak long-term fundamental strength, with a return on capital employed (ROCE) of just 0.87%. Additionally, while the stock has generated substantial returns over the past year, its profits have decreased by 164.9%. As a large-cap player in the industrial products sector, Shenzhen Lihexing's current market cap stands at CNY 2,534 million.