Corporate News Report
CANNY ELEVATOR (002367.SZ) closed the trading day on Wednesday, October 21 2026, unchanged at 0 % from the previous close. The share price settled at CNY 5.41 on the Shenzhen Stock Exchange, with a trading volume of CNY 45.1 million over the past 24 hours. The company’s outstanding shares total 795.6 million, yielding a market capitalization of CNY 4.4 billion.
Performance Snapshot
| Metric | Value |
|---|---|
| Current Price | CNY 5.41 |
| Market Capitalisation | CNY 4.4 bn |
| 24‑hour Volume | CNY 45.1 mn |
| Price Change (since last month‑end) | ‑12.74 % |
| 200‑day Simple Moving Average | CNY 5.72 |
| 52‑week High | CNY 8.58 (10 Feb 2026) |
| 52‑week Low | CNY 4.95 (21 Jul 2026) |
The stock’s flat performance this afternoon comes at a time when the broader sector exhibits a mix of stagnation and marginal decline. CANNY ELEVATOR’s price is currently below its 200‑day moving average, indicating a trend‑reversal risk and signaling that the company may be in a prolonged correction phase rather than a sustained rally.
Peer Comparison (Past 24 Hours)
| Company | Ticker | Price Change | Current Price | Market Cap | Notes |
|---|---|---|---|---|---|
| Foshan Golden Milky Way | 300619.SZ | 0 % | CNY 22.12 | CNY 5.2 bn | PE = 67.57 |
| Zhiyang Innovation Tech | 688191.SS | 0 % | CNY 16.55 | CNY 5.2 bn | |
| Suzhou Keda | 603660.SS | 0 % | CNY 9.06 | CNY 5.2 bn | |
| Guangzhou Anyka Microelectronics | 688620.SS | 0 % | CNY 13.25 | CNY 5.2 bn | |
| Caocao | 2643.HK | ‑4 % | HKD 9.84 | HKD 6.1 bn |
The peer group’s flat or negative movement underscores a sectoral liquidity vacuum. Even the most actively traded shares—such as Foshan Golden Milky Way and Zhiyang Innovation Tech—are failing to move beyond their current levels. This stagnation suggests that investor sentiment remains tepid across the elevator and related technology subsectors.
Company Overview
CANNY ELEVATOR Co. Ltd., headquartered in Wujiang, specializes in the design, manufacture, sale, installation, and repair of elevators and escalators. Its product portfolio includes passenger escalators, sightseeing escalators, hospital elevators, and cargo elevators. The company launched its initial public offering on March 12 2010 and has maintained a steady presence on the Shenzhen Stock Exchange. Further details about its offerings can be found on its website at www.canny-elevator.com .
The data paints a picture of a company caught in a downtrend, with its current valuation falling short of the 200‑day average and its price hovering near the 52‑week low. Investors should weigh these signals carefully, especially in light of the sector’s broader lack of momentum.