Shanghai Datun Energy Hits Day Low of CNY 8.47 Amid Price Pressure

Shanghai Datun Energy Resources Co., Ltd. experienced significant volatility on June 17, 2026, with the stock plunging by 32.39% and reaching an intraday low of CNY 8.47. This sharp decline stands in stark contrast to the China Shanghai Composite, which recorded a modest gain of 0.4% on the same day. Over the past week, Shanghai Datun's performance has also been unfavorable, with a decrease of 31.74%, while the broader market index rose by 2.88%. The company's one-month performance reflects a decline of 36.63%, further highlighting its struggles compared to the composite's slight drop of 0.66%. In terms of longer-term performance, Shanghai Datun has faced challenges, with a year-to-date decline of 27.1% and a three-year drop of 40.46%. Financial metrics indicate that net sales have decreased by 20.56%, and the operating profit has seen a negative growth rate of 12.51% over the last five years. The company's market capitalization stands at CNY 9,901 million, with a P/E ratio of 74.00 and a dividend yield of 2.12%.