Shandong Haihua Stock Hits Day Low of CNY 6.52 Amid Price Pressure

Shandong Haihua Co., Ltd., a mid-cap player in the specialty chemicals industry, has experienced significant volatility today, with the stock hitting an intraday low of CNY 6.52. The company’s stock has declined by 8.7% on March 4, 2026, contrasting sharply with the China Shanghai Composite, which fell by only 1.26% on the same day. Over the past week, Shandong Haihua has seen a decrease of 2.07%, while its performance over the last month shows a notable increase of 15.36%. However, the company has faced challenges in the longer term, with a three-year performance decline of 22.69% and a year-to-date return of 25.9%, which is still above the market average of 2.85%. Financial metrics indicate a concerning trend, with net sales for the latest quarter falling by 31.78% to CNY 1,009.35 million. The pre-tax profit has also seen a drastic decline, reporting a loss of CNY 112.03 million, a staggering drop of 1,134.38%. These figures highlight the ongoing difficulties faced by Shandong Haihua in maintaining profitability and growth within a competitive market landscape.