Qinghai Salt Lake Industry Hits Day High with 4.85% Surge

3 hours ago
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Qinghai Salt Lake Industry Co., Ltd. experienced a notable stock performance, achieving a significant gain on February 24, 2026. The company has outperformed the broader market over various timeframes, including a remarkable annual return. Despite challenges in net sales growth, it maintains a strong market position and valuation.
Qinghai Salt Lake Industry Hits Day High with 4.85% Surge
Qinghai Salt Lake Industry Co., Ltd. has shown significant activity today, achieving a notable gain of 4.85% on February 24, 2026. The stock reached an intraday high of CNY 35.83, reflecting its strong performance against the backdrop of a declining China Shanghai Composite, which fell by 1.26% on the same day.
Over the past week, Qinghai Salt Lake Industry has outperformed the broader market with a 10.06% increase, while the China Shanghai Composite managed only a modest 0.41% rise. The company's one-month performance stands at 5.5%, contrasting with the composite's decline of 1.37%. Impressively, over the past year, Qinghai Salt Lake Industry has delivered a remarkable return of 112.51%, significantly surpassing the composite's 22.49%. Despite facing challenges in net sales growth, which has declined at an annual rate of 3.88% over the last five years, the company maintains a solid market position with a large-cap valuation of CNY 182,738 million. The stock's price-to-earnings ratio stands at 20.00, indicating a fair valuation in the chemicals and petrochemicals sector.
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