Guilin Fuda Stock Hits Day Low of CNY 19.98 Amid Price Pressure

Guilin Fuda Co., Ltd., a prominent player in the Auto Components & Equipment industry, experienced a notable decline today, with its stock price dropping by 5.13%. The stock reached an intraday low of CNY 19.98, reflecting a shift in market dynamics. Despite this day's downturn, Guilin Fuda has shown strong performance over the past year, boasting a remarkable 289.47% increase, significantly outperforming the China Shanghai Composite, which rose by 25.1% during the same period. In the short term, Guilin Fuda's performance remains robust, with a 5.44% increase over the past week and an 8.41% rise over the last month. The company has consistently reported positive financial results, including a 24.54% growth in net profit and a substantial increase in net sales, which reached CNY 929.33 million, up 30.36%. Additionally, the company has maintained a strong operating cash flow, recorded at CNY 599.37 million. With a market capitalization of CNY 13,473 million and a P/E ratio of 52.00, Guilin Fuda continues to be a significant entity in its sector, despite today's fluctuations.