Suzhou Shijing Stock Hits Day Low of CNY 14.38 Amid Price Pressure

Suzhou Shijing Environmental Technology Co., Ltd. experienced a significant decline today, with the stock dropping by 8.13% and reaching an intraday low of CNY 14.38. This performance stands in contrast to the China Shanghai Composite, which fell by only 1.26% on the same day. Over the past week, Suzhou Shijing has shown a slight increase of 0.7%, but its longer-term performance remains concerning. The stock has decreased by 32.74% over the past year, while the China Shanghai Composite has gained 22.49%. Year-to-date, the stock has managed a positive return of 22.23%, yet this is overshadowed by a staggering 59.1% decline over the past three years. Financial metrics indicate challenges for the company, including a high debt-to-equity ratio of 3.31 and a return on equity of -25.10%. Additionally, net sales growth has been overshadowed by a significant operating profit decline of 205.04% over the last five years. The company's market capitalization stands at CNY 2,387 million, categorizing it as a small-cap entity within the industrial manufacturing sector.