Sichuan Road & Bridge Hits Day Low of CNY 9.31 Amid Price Pressure

Mar 24 2026 05:26 PM IST
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Sichuan Road & Bridge Co. faced a decline on March 23, 2026, amid a broader market downturn, with the China Shanghai Composite index also falling. Despite recent challenges, the company has demonstrated resilience over the past year and five years, outperforming the composite index in both periods.
Sichuan Road & Bridge Hits Day Low of CNY 9.31 Amid Price Pressure
Sichuan Road & Bridge Co., a prominent player in the construction industry, experienced a notable decline of 4.0% on March 23, 2026, reaching an intraday low of CNY 9.31. This performance comes amid a broader market trend, with the China Shanghai Composite index down by 3.63% on the same day.
Over the past week, Sichuan Road & Bridge has seen a decrease of 6.87%, slightly underperforming the China Shanghai Composite, which fell by 6.65%. In the month leading up to this decline, the stock has dropped by 1.99%, while the composite index has seen a more significant decline of 6.58%. Despite the recent downturn, the company has shown resilience over the past year, achieving a return of 14.01%, outperforming the composite index's 13.33%. The stock's performance over a five-year period remains strong, with a return of 35.85%, compared to the composite's 11.78%. Sichuan Road & Bridge Co. maintains a market capitalization of CNY 83,021 million and a price-to-earnings ratio of 10.00, reflecting its position in the large-cap segment of the market.
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