Tianjin Keyvia Electric Hits Day Low of CNY 11.64 Amid Price Pressure

Tianjin Keyvia Electric Co., Ltd. experienced a significant decline in its stock performance today, with a drop of 7.92% as of March 23, 2026. The stock reached an intraday low of CNY 11.64, reflecting broader market trends, as the China Shanghai Composite index fell by 3.63% during the same period. Over the past week, Tianjin Keyvia has seen a more pronounced decline of 15.83%, compared to a 6.65% drop in the Shanghai Composite. The company's performance over the past month also shows a decrease of 11.99%, while its year-to-date performance stands at a modest gain of 3.8%, contrasting with the composite index's negative return of 3.92%. Despite the recent downturn, Tianjin Keyvia has reported a notable increase in net profit of 115.85% in its latest results. The company maintains a strong cash position, with cash and equivalents reaching CNY 1,943.41 million, and a low debt-equity ratio of -37.17%. However, the stock's long-term growth remains a concern, with a return on equity of 3.47% and a price-to-book value of 1.79.