Farasis Energy Hits Day Low at CNY 14.41 Amid Price Pressure

Farasis Energy (Gan Zhou) Co., Ltd. experienced a notable decline today, with the stock dropping by 3.35% and reaching an intraday low of CNY 14.41. This performance stands in contrast to the China Shanghai Composite, which fell by 1.26% on the same day. Over the past week, Farasis Energy has seen a slight decrease of 0.14%, while its monthly performance reflects a more significant decline of 9.75%. In terms of longer-term performance, the stock has faced challenges, with a year-to-date drop of 7.73% compared to the Shanghai Composite's gain of 2.85%. Over the past three years, Farasis Energy has seen a substantial decline of 43.68%, and its five-year performance mirrors this trend with a decrease of 55.11%. The company's financial metrics indicate a low return on capital employed (ROCE) of 0% and a negative net worth, raising concerns about its management efficiency. Additionally, the company's net sales have contracted significantly, and operating profit remains negative. With a market capitalization of CNY 14,082 million, Farasis Energy continues to navigate a challenging landscape within the electronics and appliances industry.