Qingdao Huicheng Stock Hits Day High with Strong Intraday Performance

Qingdao Huicheng Environmental Technology Group Co., Ltd. has experienced a notable increase of 3.39% on February 24, 2026, reaching an intraday high of CNY 104.00. This performance stands in contrast to the broader market, as the China Shanghai Composite index declined by 1.26% on the same day. Despite this day's positive movement, the company's longer-term performance metrics reveal a more complex picture. Over the past month, Qingdao Huicheng's stock has decreased by 13.96%, and it has seen a year-to-date decline of 23.15%. In the last year, the stock has dropped by 4.85%, while the China Shanghai Composite has gained 22.49%. Financially, Qingdao Huicheng operates within the Chemicals & Petrochemicals industry, boasting a market capitalization of CNY 16,060 million. However, the company faces challenges, including a low Return on Capital Employed (ROCE) of 3.23% and a high Debt to Equity ratio of 2.15. These factors contribute to concerns regarding profitability and long-term growth potential.