Foxconn Stock Hits Day Low of CNY 61.00 Amid Price Pressure

Foxconn Industrial Internet Co., Ltd. experienced a significant decline today, with the stock dropping by 7.26% as it reached an intraday low of CNY 61.00. This performance stands in contrast to the China Shanghai Composite, which saw a modest decrease of 0.94% on the same day.
Over the past week, Foxconn's stock has decreased by 3.83%, while its performance over the last month shows a notable increase of 18.28%. In the longer term, the stock has demonstrated impressive growth, with a 146.05% rise over the past year and a remarkable 195.26% increase year-to-date. Additionally, the stock has outperformed the China Shanghai Composite over the last three years, boasting a staggering 677.94% growth.

Despite today's downturn, Foxconn maintains a strong market position within the telecom equipment and accessories industry, supported by a large market capitalization of CNY 1,405,478 million. The company also offers a dividend yield of 0.90% and has a return on equity of 17.52%, indicating a fair valuation relative to its price-to-book ratio of 9.27.