Daqing Huake Hits Day Low of CNY 22.23 Amid Price Pressure

Daqing Huake Co., a small-cap player in the Chemicals & Petrochemicals industry, has experienced significant volatility today, with the stock hitting an intraday low of CNY 22.23. The company’s stock has declined by 10.0% as of March 4, 2026, contrasting sharply with the China Shanghai Composite's decrease of only 1.26% on the same day. Over the past week, Daqing Huake has shown a modest recovery with a 2.21% increase, while its one-month performance stands at 4.61%. However, the stock's longer-term performance reveals a more complex picture. Over the past year, it has generated a return of 20.23%, which is slightly below the China Shanghai Composite's 22.49%. Key financial metrics indicate challenges for Daqing Huake, including a low Return on Capital Employed (ROCE) of 2.81% and a high Price-to-Earnings (P/E) ratio of 148.00. The company has also reported a net profit of CNY -9.21 million, reflecting a significant decline. As the stock navigates these dynamics, its performance continues to be closely monitored within the market.