Delong Composite Energy Soars 7.55%, Hits Intraday High of CNY 21.74

Delong Composite Energy Group Co., Ltd. has experienced a significant uptick in its stock performance, gaining 7.55% on June 9, 2026. The stock reached an intraday high of CNY 21.74, showcasing its strong market activity. This mid-cap company, operating within the gas industry, has demonstrated impressive year-to-date performance, with a remarkable increase of 91.96%, significantly outperforming the China Shanghai Composite, which has only seen a 1.04% rise during the same period. Over the past year, Delong Composite has achieved a staggering 255.96% increase, while its profits have surged by 300.5%. The company remains net-debt free, which positions it favorably in terms of financial stability. Despite some long-term growth concerns, as indicated by a modest annual sales growth rate of 0.55%, the recent quarterly results have shown a pre-tax profit growth of 250.46% and a net profit increase of 338.1%. With a market capitalization of CNY 5,593 million and a price-to-earnings ratio of 176.00, Delong Composite continues to attract attention in the gas sector, reflecting its strong market position and performance indicators.