Shanghai Smith Adhesive Hits Day Low of CNY 29.40 Amid Price Pressure

Shanghai Smith Adhesive New Material Co., Ltd. experienced a notable decline today, with the stock dropping by 5.63% as of October 29, 2025. The stock reached an intraday low of CNY 29.40, reflecting a challenging trading session.
In terms of performance metrics, the company has faced significant headwinds over the past week, with a decrease of 7.41%, contrasting sharply with the China Shanghai Composite's gain of 1.84%. Over the past month, the stock has declined by 12.28%, while the broader index has risen by 4.18%. Despite a remarkable annual performance of 223.62%, the recent trends indicate a shift in momentum.

Financially, Shanghai Smith Adhesive has a market capitalization of CNY 7,814 million and a high price-to-earnings ratio of 114.00. The company has reported a return on equity of 4.38%, which suggests limited profitability relative to shareholders' funds. Additionally, the firm has a debt-to-equity ratio of 0.30, indicating a moderate level of leverage. The current dividend yield stands at 0.30%, providing some return to shareholders amid fluctuating stock performance.