Autel Intelligent Technology Hits Day Low at CNY 36.77 Amid Price Pressure

Autel Intelligent Technology Co., Ltd. experienced a notable decline today, with its stock price dropping by 4.13% to touch an intraday low of CNY 36.77. This performance comes amid a broader market backdrop, as the China Shanghai Composite index saw a modest decrease of 0.19%. Over the past week, Autel's stock has declined by 5.92%, contrasting with a slight gain of 0.17% in the Shanghai Composite. Despite today's downturn, the company has shown strong performance over the past year, boasting a remarkable 71.6% increase, significantly outpacing the index's 20.88% growth. Key financial metrics highlight Autel's robust operational health, with a net sales growth of 28.19% reported in its latest results. The company has consistently delivered positive results for five consecutive quarters, showcasing a strong operating cash flow of CNY 705.06 million and a return on equity of 18.70%. With a market capitalization of CNY 24,596 million, Autel remains a significant player in the industrial manufacturing sector, despite the recent fluctuations in its stock price.