China Tungsten & Hightech Materials Hits Day Low Amid Price Pressure at CNY 53.08

China Tungsten & Hightech Materials Co., Ltd. experienced a notable decline today, with the stock dropping by 3.34% on February 24, 2026. The stock reached an intraday low of CNY 53.08, reflecting a shift in market dynamics. Despite this day's downturn, the company has shown impressive performance over the longer term, with a remarkable 462.36% increase over the past year, significantly outperforming the China Shanghai Composite, which rose by only 22.49% during the same period. In terms of financial health, China Tungsten & Hightech Materials boasts a market capitalization of CNY 65,354 million and a return on equity of 17.29%. The company's price-to-earnings ratio stands at 30.00, indicating a fair valuation relative to its earnings. Additionally, the firm has maintained a solid dividend yield of 0.31%, appealing to income-focused investors. Overall, while today's performance reflects a temporary setback, the company's long-term trajectory remains strong, supported by robust financial metrics and a solid market position in the minerals and mining industry.