Zhejiang Great Southeast Hits Day Low of CNY 3.21 Amid Price Pressure

Zhejiang Great Southeast Co., Ltd., a mid-cap player in the packaging industry, has experienced significant volatility today, with the stock hitting an intraday low of CNY 3.21. The stock has declined by 7.89% on June 29, 2026, contrasting sharply with the China Shanghai Composite, which has gained 1.16% on the same day. Over the past week, Zhejiang Great Southeast has seen a steep decline of 26.52%, while its monthly performance shows a drop of 16.15%. Year-to-date, the stock has decreased by 1.8%, significantly underperforming the broader market, which has risen by 2.65%. Financial metrics indicate challenges for the company, including a low Return on Capital Employed (ROCE) of 4.89% and a Return on Equity (ROE) of just 0.65%. The company has also reported a concerning annual decline in net sales of 5.29% and a drastic drop in operating profit of 164.06% over the last five years. With a Price to Book ratio of 2.46 and a P/E ratio of 376.00, the valuation appears high relative to its financial performance.