Shanghai Fullhan Microelectronics Hits Day Low Amid Price Pressure at CNY 48.58

Shanghai Fullhan Microelectronics Co., Ltd. experienced a notable decline today, with its stock price dropping by 4.11% to reach an intraday low of CNY 48.58. This performance stands in contrast to the China Shanghai Composite, which saw a minor decrease of 0.19% on the same day.
Over the past week, Shanghai Fullhan has faced a more significant downturn, with a 6.99% drop, while the broader market showed a slight gain of 0.17%. The company's performance over the past month also reflects a decline of 5.01%, compared to a modest increase of 0.49% for the index.

In terms of longer-term performance, the stock has struggled, with a year-to-date decline of 16.72%, contrasting sharply with the 16.04% gain of the China Shanghai Composite. Over the past three years, the stock has decreased by 11.74%, while the index has risen by 28.95%.

Financial metrics indicate challenges, including a significant drop in net sales of 34.84% reported in March. The company’s operating cash flow is at its lowest, and its return on equity stands at 5.39%. Despite these challenges, the stock maintains a high dividend yield of 0.25%.