Gansu Energy Chemical Hits Day Low of CNY 2.64 Amid Price Pressure

Gansu Energy Chemical Co., Ltd. experienced a significant decline today, with the stock dropping by 5.02% on March 10, 2026. The stock reached an intraday low of CNY 2.64, reflecting ongoing challenges within the company. In terms of performance metrics, Gansu Energy has shown a mixed trajectory over various time frames. While the stock has gained 6.43% over the past month, it has underperformed in the short term, with a 1-day performance of -5.02% compared to a slight increase of 0.65% in the China Shanghai Composite. Over the past year, Gansu Energy's performance stands at 4.74%, significantly lagging behind the composite's 22.49% gain. Financially, the company has reported negative results for six consecutive quarters, with net sales declining by 16.11% and pre-tax profit falling sharply by 238.41%. The stock's high P/E ratio of 102.00 and a return on equity of -0.58% further highlight the financial pressures the company is facing. Despite a dividend yield of 3.44%, the overall outlook remains cautious as Gansu Energy navigates its current market position.