Analysis of Popularity Reasons and Investment Value of Snowman Group (002639.SZ)

Snowman Group (002639.SZ) became a popular stock mainly due to its strong price performance. On December 11, 2025, the stock closed with a 9.99% increase [0], pushing its YTD gain to over 150% [0], with 5-day and 3-month gains reaching 13.86% and 53.87% respectively [0]. It closed at the highest price of $16.51 that day, with a trading volume of 154.9 million shares higher than the 20-day average [0], and the strong upward trend during the session attracted market attention.

Although no direct immediate news catalyst was found, the company’s refrigeration, cold chain equipment industry and involved emerging fields such as hydrogen energy [1][2] provide a basis for investors’ growth expectations. The current market sentiment is mainly driven by momentum, and investors are attracted to participate in speculative transactions by the continuous rise in stock prices.

1. Price and Valuation Divergence
   : The company’s current P/E ratio is as high as 330.20x [0], far higher than the industry average, while EPS TTM is only $0.05 [0], ROE is only 1.67% [0], and fundamental support is weak, indicating significant valuation bubble risk.
2. Lack of Clear Sustained Momentum
   : No specific events or announcements driving the stock price rise in the near future were found; the rise mainly relies on momentum, and its sustainability is questionable.
3. Technical Key Pressure
   : The 52-week high of $17.09 is an important resistance level [0]; if it breaks through, it may further push up the stock price, otherwise it may trigger a correction.

• Risks
  : Overvaluation risk is prominent [0]; weak profitability and insufficient fundamental support [0]; lack of clear catalysts, and the rise may be unsustainable [0].
• Opportunities
  : If the stock price falls back to the recent support level of $14.11 [0], it may attract bargain-hunting funds; the long-term layout of emerging businesses such as hydrogen energy may bring growth potential [1][2].

Snowman Group has become popular in the market due to its strong stock price rise [0], with underlying drivers including expectations for emerging tracks and market momentum [1][2][0]. The current valuation is seriously deviated from the fundamentals, and the rise lacks clear sustained momentum [0]. Investors need to pay attention to changes in the $17.09 resistance level and $14.11 support level [0], and carefully evaluate in combination with the company’s fundamentals and industry dynamics.