Zhewen Interactive Hits Day Low of CNY 12.13 Amid Price Pressure

Zhewen Interactive Group Co., Ltd. experienced a significant decline in its stock price today, dropping by 7.86% and reaching an intraday low of CNY 12.13. This performance stands in contrast to the China Shanghai Composite, which saw a modest decline of 1.26% on the same day. Over the past week, Zhewen's stock has decreased by 12.07%, while its performance over the past month shows a gain of 9.33%. However, the longer-term outlook remains more favorable, with a year-to-date increase of 57.42% and a remarkable 115.96% rise over the past three years. Despite these gains, the company has faced challenges, including a low Return on Capital Employed (ROCE) of 2.11% and a concerning Debt to Equity ratio, indicating high leverage. Zhewen has reported negative results for the last 13 consecutive quarters, with net profit declining significantly. The company's market capitalization stands at CNY 16,610 million, categorizing it as a large-cap entity within the miscellaneous industry.