Henan Shijia Stock Hits Day Low Amid Price Pressure, Closes at CNY 62.97

Henan Shijia Photons Technology Co., Ltd. experienced a notable decline today, with its stock price dropping by 4.54%. The stock reached an intraday low of CNY 62.97, reflecting a challenging day in the market. Over the past week, the stock has seen a decrease of 5.08%, contrasting with a slight gain of 0.37% in the China Shanghai Composite index.
Despite today's downturn, Henan Shijia has demonstrated impressive long-term performance, boasting a remarkable 485.47% increase over the past year and an extraordinary 718.38% rise over the last three years. The company's market capitalization stands at CNY 24,520 million, categorizing it as a large-cap entity within the Other Electrical Equipment industry.

Financial metrics indicate a strong operational foundation, with a net profit growth of 32.47% reported in June. The company has consistently delivered positive results over the last four quarters, showcasing a pre-tax profit of CNY 128.16 million, which has surged by 230.25%. With a return on equity of 19.38% and a low debt-to-equity ratio of 0.12, Henan Shijia continues to maintain a solid financial position in the market.