Wasu Media Stock Hits Day Low of CNY 8.55 Amid Price Pressure

Wasu Media Holding Co., a prominent player in the Cables - Electricals industry, experienced a significant decline today, with its stock price dropping by 4.96% to reach an intraday low of CNY 8.55. This performance stands in contrast to the China Shanghai Composite, which fell by 1.26% on the same day. Over the past week, Wasu Media has shown a slight increase of 0.7%, while its monthly performance reflects a minor decline of 0.69%. However, the company's year-to-date performance remains positive at 13.87%, outperforming the China Shanghai Composite's 2.85% gain. In the longer term, Wasu Media's performance has been less favorable, with a year-over-year decline of 8.59% compared to the Composite's impressive 22.49% increase. Financial metrics indicate challenges, including a low operating cash flow of CNY 1,594.55 million and a concerning rise in raw material costs by 103.68% year-over-year. The company's market capitalization stands at CNY 13,866 million, with a P/E ratio of 28.00 and a return on equity of 3.28%. These figures highlight the complexities facing Wasu Media in the current market landscape.