Delong Composite Energy Hits Day Low Amid Price Pressure, Drops to CNY 9.49

Delong Composite Energy Group Co., Ltd. experienced a significant decline today, with its stock price dropping by 9.96% to reach an intraday low of CNY 9.49. This performance stands in contrast to the broader market, as the China Shanghai Composite index only fell by 0.81% on the same day.
Despite this downturn, Delong has shown notable resilience over longer time frames. Over the past month, the stock has increased by 30.36%, and its year-to-date performance is impressive at 74.13%. Additionally, the company has achieved a remarkable 67.37% return over the last year, significantly outperforming the market's 20.58% return during the same period.

However, the company faces challenges, including a high debt-to-equity ratio of 0.46 and a low 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. Investors may want to monitor these financial metrics closely as they reflect the company's current market position and operational efficiency.