Keshun Waterproof Technologies Hits Day Low of CNY 7.60 Amid Price Pressure

Keshun Waterproof Technologies Co., Ltd. experienced a notable decline today, with the stock dropping by 5.88% on June 18, 2026. The stock reached an intraday low of CNY 7.60, reflecting a challenging trading environment. Despite this downturn, Keshun has shown resilience over the past week, with a performance increase of 8.94%, outpacing the China Shanghai Composite's 2.6% gain. Over the past year, Keshun has delivered a substantial return of 63.75%, significantly higher than the 20.71% return of the broader market index. However, the company has faced difficulties in its financial performance, reporting negative results for three consecutive quarters. Key metrics indicate a net profit of CNY -479.22 million, alongside a decline in net sales by 9.43% in the first half of the year. Keshun's market capitalization stands at CNY 6,306 million, and it maintains a dividend yield of 2.05%. While the company is net-debt free, its long-term growth prospects appear limited, with net sales declining at an annual rate of 2.36% over the last five years.