Zhejiang Yonghe Stock Hits Day Low of CNY 35.37 Amid Price Pressure

Zhejiang Yonghe Refrigerant Co., Ltd. experienced a notable decline today, with the stock dropping by 6.3% on July 10, 2026. The stock reached an intraday low of CNY 35.37, reflecting a challenging trading session. Over the past week, the stock has seen a significant decrease of 20.89%, contrasting sharply with the China Shanghai Composite's decline of just 1.17%. Despite today's downturn, Zhejiang Yonghe has shown strong performance metrics over the longer term. The company has reported a remarkable 48.18% increase in stock value over the past year, significantly outperforming the China Shanghai Composite, which gained 13.86% during the same period. Additionally, the company has demonstrated impressive financial health, with a net profit growth of 485.77% reported in September 2025 and a robust operating cash flow of CNY 822.49 million. With a market capitalization of CNY 16,479 million, Zhejiang Yonghe operates within the specialty chemicals sector and maintains a low debt-to-equity ratio of 0.10, indicating a solid financial foundation. The stock's price-to-book ratio stands at 2.78, suggesting a fair valuation in the current market landscape.