Shandong Humon Smelting Hits Day Low at CNY 16.70 Amid Price Pressure

Shandong Humon Smelting Co. experienced a notable decline today, with the stock dropping by 3.06% on March 13, 2026. The stock reached an intraday low of CNY 16.70, reflecting a challenging trading session. Over the past week, the stock has seen a decrease of 4.98%, while its performance over the last month shows a slight decline of 0.65%. Despite the recent downturn, Shandong Humon Smelting has demonstrated strong performance metrics over the past year, boasting a return of 52.36%, significantly outperforming the China Shanghai Composite, which recorded a gain of 21.93% during the same period. The company has also reported impressive financial results, including a net profit growth of 65.53% and a record net sales figure of CNY 33,393.86 million. With a market capitalization of CNY 20,151 million, Shandong Humon Smelting maintains a price-to-earnings ratio of 26.00 and a return on equity of 6.38%. The stock's performance over the long term remains strong, indicating its resilience in the gems, jewellery, and watches industry.