Universal Scientific Industrial Hits Day Low of CNY 43 Amid Price Pressure

Universal Scientific Industrial (Shanghai) Co., Ltd. experienced a notable decline today, with the stock dropping by 3.63% to reach an intraday low of CNY 43.00. This performance stands in contrast to the China Shanghai Composite, which fell by 1.26% on the same day. Over the past week, Universal Scientific has shown a positive trend, gaining 6.94%, and its performance over the last month has been particularly strong, with a remarkable increase of 38.68%. Year-to-date, the stock has risen by 44.37%, and over the past year, it has surged by 121.42%, significantly outperforming the broader market index. Despite these impressive long-term gains, the company faces challenges, including a modest annual growth rate in net sales of 4.41% and an operating profit growth of just 1.39% over the last five years. Additionally, the latest financial results indicate a decline in operating cash flow and a significant increase in raw material costs, which have risen by 113.95% year-over-year. These factors contribute to a complex financial landscape for Universal Scientific Industrial as it navigates current market conditions.