Anhui Tongguan Copper Foil Hits Day Low Amid Price Pressure at CNY 28.02

Anhui Tongguan Copper Foil Group Co., Ltd. experienced a significant decline in its stock price today, dropping by 5.28% and reaching an intraday low of CNY 28.02. This performance stands in contrast to the China Shanghai Composite, which saw a minor decrease of 0.19% on the same day.
Over the past week, Anhui Tongguan's stock has fallen by 9.89%, and its monthly performance reflects a more substantial decline of 18.41%. Despite these recent setbacks, the company has shown remarkable growth over the past year, with a return of 174.8%, significantly outperforming the Shanghai Composite's 20.88% increase.

However, the company faces challenges, including a low Return on Capital Employed (ROCE) of 5.10%, indicating limited profitability relative to its capital. Additionally, Anhui Tongguan has reported negative results for the last 11 consecutive quarters, with a net profit of CNY -48.19 million and an operating cash flow of CNY -602.84 million. The stock's current performance raises concerns about its financial stability and operational efficiency within the industrial manufacturing sector.