Sichuan Jinshi Technology Hits Day Low Amid Price Pressure at CNY 15.37

Sichuan Jinshi Technology Co., Ltd. has experienced a significant decline today, with the stock dropping by 6.5% as it reached an intraday low of CNY 15.37. This performance stands in contrast to the China Shanghai Composite, which saw a more modest decline of 1.26% on the same day. Over the past week, Sichuan Jinshi's stock has faced a notable downturn, falling by 21.0%. However, the company has shown resilience over the longer term, with a remarkable 148.63% increase in stock value over the past year, significantly outperforming the China Shanghai Composite's 22.49% gain. Despite these gains, the company faces challenges in management efficiency, reflected in a low Return on Capital Employed (ROCE) of 3.81%. Additionally, the company has reported a concerning decline in net sales, which have decreased by 58.59% in the most recent quarter. The stock's current trading levels suggest a higher risk compared to its historical valuations, raising questions about its long-term growth prospects.