Keshun Waterproof Technologies Hits Day High with 20% Surge in Stock Price

Keshun Waterproof Technologies Co., Ltd. has experienced significant activity today, with the stock surging by 20.0% on June 17, 2026. The stock reached an intraday high of CNY 8.16, marking a notable performance compared to the China Shanghai Composite, which only increased by 0.4% on the same day. Over the past week, Keshun has shown a robust performance, climbing 21.25%, while its monthly performance stands at 5.15%. Year-to-date, the stock has gained 48.36%, significantly outperforming the broader market index, which has only seen a 3.51% increase. Despite these short-term gains, Keshun's long-term growth metrics raise concerns. The company has reported a decline in net sales at an annual rate of -2.36% and a staggering operating profit decrease of -182.96% over the last five years. Additionally, the company has faced negative results for the last three consecutive quarters, with a net profit of CNY -479.22 million. Keshun operates in the Other Industrial Products sector, with a market capitalization of CNY 6,306 million. The stock's current dividend yield stands at 2.05%, reflecting its financial positioning amidst ongoing challenges.