Sichuan New Energy Power Hits Day Low Amid Price Pressure at CNY 13.72

Sichuan New Energy Power Co., Ltd. experienced a notable decline today, with the stock dropping by 3.97% on June 2, 2026. The stock reached an intraday low of CNY 13.72, reflecting a challenging trading session. Over the past week, the company's performance has been slightly negative, down 0.99%, while its one-month performance shows a more significant decline of 19.52%. Despite these short-term fluctuations, Sichuan New Energy Power has demonstrated resilience over the past year, achieving a return of 38.95%, outperforming the China Shanghai Composite, which recorded a gain of 21.74%. The company maintains a strong market position with a market capitalization of CNY 29,225 million and is noted for being net-debt free. Financial metrics indicate a mixed performance; while net sales grew by 45.97% in the most recent quarter, the company has faced challenges with a decline in profits of 46.3% over the past year. The stock's price-to-earnings ratio stands at 55.00, indicating a high valuation relative to earnings. Overall, Sichuan New Energy Power Co., Ltd. continues to navigate a complex market landscape.