Introduction of Sheng Jun Electronics
The full name of Sheng Jun Electronics is Ningbo Sheng Jun Electronics Co., Ltd., headquartered in Ningbo, and it is also one of the excellent high-growth auto parts suppliers in China. Relying on the development of the Internet, Sheng Jun Electronics has also launched online marketing business, which has developed very well in recent years, and it has also been listed and issued its own shares. Founded in 2004, Sheng Jun Electronics defined the concept of synchronous design at the beginning of its business, that is, designing auto parts according to customers' requirements and solving customers' problems at any time. At present, the development of electronics in Sheng Jun is very good, providing many jobs, but the stock development of electronics in Sheng Jun is not very good, and it is in a downward trend.
The Commercial Situation of Sheng Jun Electronics
According to the 2020 report released by Sheng Jun Electronics, the operating income last year was about 47.89 billion yuan, down 22.38% year-on-year. The company's net profit was about 6,654,380,600 yuan, down 34.45% year-on-year. If the non-recurring gains and losses are deducted, the net profit is 342 million yuan, which is 65.98% lower than 20 19. In 2020, the business of three departments of Sheng Jun Electronics declined, so the company's operating conditions were really not very good. It may be because the company developed too fast, which brought high debt and goodwill impairment. The sluggish development of these traditional businesses will, to a certain extent, affect the transformation of Sheng Jun Electronics into the field of automotive intelligent networking and new energy.
Why has the stock price been falling?
We know that a company's share price will fall if it is not well developed. Because many investors are no longer optimistic about this company, they will sell their shares, so the share price will fall faster. Therefore, a company cannot develop too fast. If it develops too fast, it will face capital fracture, which will lead to the stock price falling.