Henan Shijia Photons Hits Day Low of CNY 63.46 Amid Price Pressure

Henan Shijia Photons Technology Co., Ltd. experienced a notable decline today, with the stock dropping by 5.65% to reach an intraday low of CNY 63.46. This performance comes amid a broader market backdrop, as the China Shanghai Composite index only fell by 0.19% on the same day. Over the past week, Henan Shijia has seen a more significant downturn, with a 10.38% decrease, while its monthly performance reflects a decline of 12.94%. Despite these short-term challenges, the company has demonstrated remarkable long-term growth, boasting a staggering 474.64% increase over the past year and an impressive 599.89% rise over the last three years. Financial metrics indicate a strong market position, with a market capitalization of CNY 24,520 million and a return on equity of 19.38%. The company has consistently reported positive results, including a 32.47% growth in net profit and a pre-tax profit of CNY 128.16 million, which has grown at 230.25%. As Henan Shijia navigates current market fluctuations, its historical performance underscores its resilience in the electrical equipment sector.