Beiqi Foton Motor Co Ltd: Recent Stock Performance and Company Overview

Beiqi Foton Motor Co., Ltd., a prominent player in the Chinese automobile manufacturing sector, has experienced notable fluctuations in its stock price over the past year. The company, which operates within the Consumer Discretionary sector, is known for producing a diverse range of vehicles and automotive parts, including light trucks, medium trucks, heavy trucks, passenger cars, and engine components. Additionally, Beiqi Foton Motor engages in automotive wholesale businesses both domestically and internationally.

Stock Performance Overview

In the past year, Beiqi Foton Motor’s stock has seen significant movement. The company’s 52-week high was recorded at 3.08 CNY on July 31, 2024, while its 52-week low was 2.21 CNY on July 8, 2024. As of the latest available data, the stock closed at 2.59 CNY. These fluctuations highlight the volatility in the company’s stock performance over the past year.

Valuation Metrics

The company’s valuation metrics reveal substantial valuation multiples. Beiqi Foton Motor’s price-to-earnings (P/E) ratio stands at 204.033, indicating a high valuation relative to its earnings. Additionally, the price-to-book (P/B) ratio is 1.40209, suggesting that the market values the company’s assets at a premium.

Company Overview

Beiqi Foton Motor Co., Ltd. is headquartered in the Changping District and is listed on the Shanghai Stock Exchange. The company’s market capitalization is 203.5 billion CNY. Beiqi Foton Motor’s Initial Public Offering (IPO) took place on May 11, 1998, marking its entry into the public market.

For more detailed information about Beiqi Foton Motor’s offerings and initiatives, interested parties can visit their official website at www.foton.com.cn .

Overall, Beiqi Foton Motor continues to be a significant entity in the Chinese automotive industry, with its stock performance and valuation metrics drawing attention from investors and analysts alike.