Zhejiang Meili Stock Hits Day Low of CNY 28.10 Amid Price Pressure
Zhejiang Meili High Technology Co., Ltd. saw a notable stock decline on October 14, 2025, despite strong overall performance metrics. Over the past year, the company achieved a return of 189.88% and reported positive financial results for nine consecutive quarters, maintaining a competitive position in the industrial manufacturing sector.
Zhejiang Meili High Technology Co., Ltd. experienced a significant decline today, with the stock dropping by 9.13% on October 14, 2025. The stock reached an intraday low of CNY 28.10, marking a notable point in its trading activity. Despite this downturn, the company has shown strong performance metrics over various time frames. In the past year, Zhejiang Meili has achieved an impressive return of 189.88%, significantly outperforming the China Shanghai Composite, which recorded a gain of 20.88%. The company's year-to-date performance stands at 168.21%, further highlighting its robust market position.
Financially, Zhejiang Meili has reported positive results for the last nine consecutive quarters, with a return on capital employed (ROCE) of 11.66% and a return on equity (ROE) of 11.10%. The company has also seen a substantial decrease in raw material costs, down by 46.54% year-over-year. With a market capitalization of CNY 4,553 million, Zhejiang Meili continues to maintain a competitive edge in the industrial manufacturing sector.
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