Shenzhen Longtech Stock Hits Day Low of CNY 25.38 Amid Price Pressure

Shenzhen Longtech Smart Control Co., Ltd. experienced significant volatility on June 8, 2026, with the stock declining by 8.2% and reaching an intraday low of CNY 25.38. This performance starkly contrasts with the China Shanghai Composite, which fell by only 1.7% on the same day. Over the past week, Shenzhen Longtech has seen a steep decline of 22.63%, and its performance over the past month has dropped by 33.19%. Year-to-date, the stock is down 21.78%, and its three-year performance shows a substantial decrease of 44.5%. In the last five years, the stock has plummeted by 72.64%, while the broader market has shown resilience with a 10.59% increase. Financial metrics indicate challenges for the company, with net sales declining by 7.06% and operating profit showing a negative trend over the past five years. The company has reported negative results for three consecutive quarters, further highlighting its struggles. Despite a market capitalization of CNY 1,055 million, the stock's return on equity stands at 5.07%, and it currently has a price-to-book ratio of 0.77.