Jinfu Technology Hits Day Low of CNY 60.60 Amid Price Pressure

Jinfu Technology Co., Ltd. experienced significant volatility on June 1, 2026, with the stock declining by 9.92% and reaching an intraday low of CNY 60.60. This performance starkly contrasts with the China Shanghai Composite, which saw a modest decrease of 0.27% on the same day. Over the past week, Jinfu Technology's stock has dropped 12.1%, while its monthly performance remains positive at 14.0%. However, the year-to-date performance is notably strong, with a remarkable increase of 248.16%. In the longer term, the stock has shown impressive growth, with a three-year performance of 535.74% and a five-year performance of 403.74%. Despite these gains, the company has faced challenges, reporting negative results for the last six consecutive quarters. The net profit for the half-year stands at CNY 28.05 million, reflecting a decline of 44.7%. Additionally, the operating cash flow is at its lowest, recorded at CNY 189.36 million. With a market capitalization of CNY 3,844 million, Jinfu Technology operates within the miscellaneous industry and currently holds a price-to-earnings ratio of 61.00.