Keshun Waterproof Technologies Hits Day Low of CNY 7.11 Amid Price Pressure

Keshun Waterproof Technologies Co., Ltd. experienced significant volatility on June 8, 2026, with the stock plunging by 20.02% and reaching an intraday low of CNY 7.11. This decline stands in stark contrast to the China Shanghai Composite, which fell by only 1.7% on the same day. Over the past week, Keshun's performance has also been under pressure, down 8.38%, while its monthly decline is recorded at 3.66%. Despite a notable annual increase of 50.96%, the company has faced challenges in the longer term, with a three-year performance drop of 29.04% and a staggering five-year decline of 80.07%. Financial metrics reveal that Keshun is currently net-debt free, yet it has struggled with profitability, evidenced by a return on equity averaging 7.11%. The company has reported negative results for the last three consecutive quarters, with net sales declining by 9.43% in the latest half-year report. As Keshun navigates these financial hurdles, its market position remains a focal point for observers in the industrial products sector.