Delong Composite Energy Hits Day High with 9.97% Surge in Stock Price

Delong Composite Energy Group Co., Ltd. has experienced a significant uptick in its stock performance, gaining 9.97% on October 24, 2025. The stock reached an intraday high of CNY 8.71, reflecting a strong day of trading activity. Over the past week, Delong has shown impressive growth, with a 24.79% increase, and a remarkable 29.42% rise over the past month. Year-to-date, the stock has surged by 59.82%, significantly outperforming the China Shanghai Composite, which has returned 17.86% during the same period.
Despite its recent performance, the company faces challenges, including a high debt-to-equity ratio of 0.46 and a return on equity of 1.42%. While net sales have shown growth, the operating profit has declined at an annual rate of 14.78% over the last five years. Nevertheless, the company reported positive results in June, with net sales reaching CNY 457.02 million and a decrease in raw material costs. Delong Composite Energy Group continues to navigate a competitive landscape within the gas industry, marked by its small-cap market status of CNY 1,768 million.