Zhejiang Meili Stock Hits Day Low of CNY 31.80 Amid Price Pressure

Zhejiang Meili High Technology Co., Ltd. experienced a notable decline today, with the stock dropping by 5.62% as of October 29, 2025. The stock reached an intraday low of CNY 31.80, reflecting a challenging trading session.
Despite this day's downturn, the company has shown impressive performance over the longer term. Over the past year, Zhejiang Meili has achieved a remarkable 191.68% increase, significantly outperforming the China Shanghai Composite, which rose by only 20.05% during the same period. The company's year-to-date performance stands at an impressive 201.89%, further highlighting its strong market position.

Key financial metrics indicate a solid foundation, with a return on equity of 11.84% and a debt-to-equity ratio of 0.35. Additionally, the company has reported positive results for the last nine consecutive quarters, with net sales reaching CNY 479.61 million. The reduction in raw material costs by 23.37% year-over-year also contributes to its operational efficiency. As a mid-cap player in the industrial manufacturing sector, Zhejiang Meili continues to demonstrate resilience and growth potential in a competitive market.