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Daye Share: Due to the intensifying competition in the rubber skeleton material industry, the company's profitability is relatively limited.
Jin10 data news on February 26th, Daye shares issued a public announcement on the abnormal Fluctuation of stock trading. In recent years, due to the intensified competition in the rubber skeleton material industry, the company’s product prices have been declining, coupled with factors such as the pump of shipping costs, resulting in a low gross profit margin of the company. The product gross profit margin in 2021 was 7.95%, in 2022 was 1.76%, and in 2023 was 8.31%. The company’s profitability is relatively limited, so investors are advised to pay attention to investment risks.