SmartSens Technology Hits Day Low of CNY 94.88 Amid Price Pressure

SmartSens Technology (Shanghai) Co., Ltd. experienced a notable decline today, with the stock dropping by 3.04% and reaching an intraday low of CNY 94.88. This performance contrasts with the China Shanghai Composite, which fell by 1.26% on the same day. Over the past week, SmartSens has shown a slight increase of 0.93%, while its monthly performance reflects a minor decline of 1.34%. Year-to-date, the stock has gained 0.48%, significantly trailing the broader market's 2.85% increase. However, on a longer-term basis, SmartSens has demonstrated impressive growth, with a three-year performance of 97.21%, outpacing the China Shanghai Composite's 24.3% during the same period. The company has reported strong financial metrics, including a net profit growth of 145.14% and a return on equity (ROE) of 16.13%. Despite the recent price movement, SmartSens has maintained a solid market position within the Other Electrical Equipment industry, supported by a market capitalization of CNY 30,592 million.