Shenzhen S.C New Energy Hits Day Low Amid Price Pressure, Drops 3.56%

Shenzhen S.C New Energy Technology Corp. experienced a notable decline today, with the stock dropping by 3.56% on February 24, 2026. The stock reached an intraday low of CNY 120.59, reflecting a challenging day in the market. Despite this downturn, the company has shown strong performance over the past year, boasting a remarkable 91.33% increase compared to the China Shanghai Composite's 22.49%. The company's net sales for the first half of the year reached CNY 10,601.04 million, marking a significant growth of 118.55%. Additionally, Shenzhen S.C New Energy Technology Corp. reported its highest operating cash flow at CNY 4,054.01 million, alongside a return on capital employed (ROCE) of 27.39%. The stock's valuation remains attractive, with a price-to-book ratio of 2.10 and a return on equity (ROE) of 26.19%. Furthermore, the company has maintained a high dividend yield of 1.6%, contributing to its overall market performance. As the company navigates current market conditions, its historical performance metrics indicate a robust financial foundation.