Qinghai Salt Lake Hits Day Low of CNY 35.95 Amid Price Pressure

Qinghai Salt Lake Industry Co., Ltd. experienced a notable decline today, with the stock dropping by 3.16% on March 17, 2026. The stock reached an intraday low of CNY 35.95, reflecting a challenging trading session. In terms of performance metrics, Qinghai Salt Lake has shown a mixed trend over various time frames. Over the past week, the stock has decreased by 6.18%, while it has gained 7.4% over the last month. Impressively, the company has delivered a substantial return of 113.02% over the past year, significantly outperforming the China Shanghai Composite, which recorded a return of 18.21% during the same period. Despite its strong long-term performance, the company has faced difficulties, including a decline in net sales at an annual rate of 2.77% and negative results for the last nine consecutive quarters. The stock's price-to-book ratio stands at 4.45, indicating a relatively high valuation compared to its book value. With a market capitalization of CNY 182,738 million, Qinghai Salt Lake operates within the Chemicals & Petrochemicals industry, maintaining a return on equity of 15.47%.