Keshun Waterproof Technologies Hits Day Low of CNY 7.68 Amid Price Pressure

Keshun Waterproof Technologies Co., Ltd. experienced a significant decline today, with the stock dropping by 5.86% to touch an intraday low of CNY 7.68. This performance stands in contrast to the China Shanghai Composite, which fell by only 1.26% on the same day. Over the past week, Keshun has shown a positive trend, gaining 11.58%, and it has performed well over the past month with a 12.88% increase. However, the stock's longer-term performance reveals a more complex picture. Over the past year, Keshun has generated a return of -17.44%, and its three-year performance shows a consistent underperformance against the benchmark, with a decline of 42.59%. Financial metrics indicate that Keshun operates with a debt-to-equity ratio of 0.64 and has a return on equity of -5.35%. Despite a high dividend yield of 6.62%, the company has faced challenges in achieving sustainable growth, with net sales growing at an annual rate of only 4.26% over the last five years. As Keshun navigates these financial dynamics, its market position remains a focal point for observers in the industrial products sector.