SSAW Hotels & Resorts Hits Day Low of CNY 28.80 Amid Price Pressure

SSAW Hotels & Resorts Group Co., Ltd. experienced a significant decline today, with the stock dropping by 5.89% to reach an intraday low of CNY 28.80. This performance stands in contrast to the China Shanghai Composite, which fell by only 1.26% on the same day. Over the past week, SSAW Hotels has seen a more pronounced downturn, with a 13.35% decrease, while the broader market index showed a slight gain of 0.41%. In terms of longer-term performance, SSAW Hotels has faced challenges, with a 1-year return of -10.95% and a notable decline of 38.51% over the past three years. Despite a positive annual return of 37.68% over the last year, the company has struggled to maintain profitability, reporting a 33.2% drop in profits. The stock's high price-to-earnings ratio of 199.00 and a return on equity of just 2.11% indicate a potentially expensive valuation relative to its earnings. Additionally, the company maintains a dividend yield of 0.74%, which may attract some income-focused investors.