Explosive Co., Ltd. Hits Day Low at CNY 12.98 Amid Price Pressure

Explosive Co., Ltd. experienced a notable decline today, with its stock price dropping by 4.63% as of March 20, 2026. The stock reached an intraday low of CNY 12.98, reflecting a challenging trading session. Over the past week, the company has seen a decrease of 8.33%, while its monthly performance stands at a decline of 6.75%. Despite these short-term fluctuations, Explosive Co., Ltd. has shown resilience over the longer term, with a year-to-date performance of -2.55% and a one-year return of 7.81%. The company maintains a market capitalization of CNY 5,168 million and boasts a price-to-earnings ratio of 20.00. Financially, Explosive Co., Ltd. reported a significant net profit growth of 36.03% in its latest results, alongside a robust operating cash flow of CNY 1,244.85 million. The inventory turnover ratio is notably high at 15.25 times, and the interest coverage ratio stands at an impressive 14,177. With a return on equity of 11.52% and a price-to-book ratio of 0.66, the company continues to demonstrate solid financial health within the Other Industrial Products sector.