Zhejiang Yonghe Refrigerant Hits Day Low Amid Price Pressure at CNY 30.78

Zhejiang Yonghe Refrigerant Co., Ltd. experienced a notable decline today, with the stock dropping by 6.63% on July 20, 2026. The stock reached an intraday low of CNY 30.78, reflecting a challenging trading session. Despite this downturn, the company has shown resilience over the past year, achieving a return of 29.37%, significantly outperforming the China Shanghai Composite, which recorded a 7.41% increase during the same period. In terms of financial health, Zhejiang Yonghe has reported impressive metrics, including a net profit growth of 485.77% and a robust operating cash flow of CNY 822.49 million. The company has maintained a strong interest coverage ratio of 2,229.62, indicating its ability to meet interest obligations comfortably. With a return on equity of 8.67% and a price-to-book ratio of 2.88, the company is positioned within a fair valuation range. While today's performance reflects a setback, Zhejiang Yonghe's overall market position remains strong, supported by consistent profit growth and a solid financial foundation.