Ningxia Qinglong Pipes Hits Day Low of CNY 14.18 Amid Price Pressure

Ningxia Qinglong Pipes Industry Group Co., Ltd. experienced significant activity today, with the stock hitting an intraday low of CNY 14.18. The company, operating in the building products sector, saw its stock decline by 10.03% on July 13, 2026, contrasting sharply with the China Shanghai Composite's decrease of 2.06% for the same day. Despite a modest increase of 0.78% over the past week and a notable 9.5% rise in the last month, the stock's one-year performance remains underwhelming, generating a return of just 0.16%, significantly lagging behind the market's 16.83% return. The company's market capitalization stands at CNY 3,158 million, categorizing it as a small-cap entity. Financial metrics indicate a P/E ratio of 26.00 and a dividend yield of 1.29%. However, the company has faced challenges, with net sales reported at CNY 251.55 million and an operating profit of CNY -3.85 million in the latest quarter. These figures reflect a long-term growth rate of only 3.36% in net sales over the past five years, alongside a decline in operating profit.