Tangshan Sanyou Chemical Industries Co., Ltd. – Market and Operational Update
Trading Snapshot
- Ticker: 600409.SS (Tangshan Sanyou Chemical I)
- Closing Time: 11:34 PM Central Europe, Friday 23 November 2026
- Price Movement: Flat (0 % change) over the 24‑hour period ending at 11:34 PM CET
- Last Trade Price: CNH 5.64
- Shares Outstanding: 2.1 billion
- Market Capitalisation: CNH 11.9 billion
- Volume Traded (24 h): CNH 106.1 million
Performance Relative to Recent Periods
- Monthly Change: –11.23 % from the previous month‑end level.
- 200‑Day Simple Moving Average: CNH 6.4.
- 52‑Week High: CNH 9.5 (recorded on 03/12/2026).
- 52‑Week Low: CNH 5.35 (recorded on 10/29/2025).
Industry Context
Tangshan Sanyou Chemical Industries operates in the alkaline‑chemical sector, primarily producing caustic soda (sodium hydroxide) and related products such as soda ash and polyvinyl chloride resin.
- Caustic Soda Price Trend: Prices for caustic soda have fallen significantly over the year, reducing upstream profit margins while providing some cost relief to downstream users.
- Demand Environment: Downstream demand remains subdued, with limited evidence of a rebound in industrial activity that would support higher input costs.
The company’s management has announced initiatives to reduce supply‑chain costs and to optimise operational loads. Analysts suggest that unless there is a shift in supply dynamics or a measurable recovery in downstream demand, the market is likely to experience a sustained, oscillating trend with limited scope for a prolonged price recovery.
Related Stock Activity (Last 24 Hours)
| Company | Ticker | Price Change | Current Price | Market Cap | Notable Commentary |
|---|---|---|---|---|---|
| Duality Biotherapeutics | 9606.HK | –10.19 % | HKD 149.7 | HKD 15.4 bn | U.S. Treasury proposes new investment restrictions targeting Chinese biotech firms, potentially affecting equity investments. |
| Aecc Aero Science & Techno | 600391.SS | 0 % | CNH 41.99 | CNH 14.1 bn | P/E ratio 249.16. |
| Business Intelligence Of O | 300166.SZ | 0 % | CNY 11.6 | CNY 13.1 bn | Launched Office editor enhancements and AI‑driven financial intelligence partnership. |
| Xinjiang Joinworld | 600888.SS | 0 % | CNH 9.05 | CNH 14.2 bn | P/E ratio 16.51. |
| Suzhou Hesheng Special Mat | 002290.SZ | 0 % | CNY 51.25 | CNY 13.1 bn | P/E ratio 59.69. |
Company Profile
Name: Tangshan Sanyou Chemical Industries Co., Ltd.Industry: Chemical manufacturing and marketing (alkaline chemicals, food additives, PVC resin, silicone, and related products).Headquarters: Tangshan, China.Website: www.sanyou-chem.com.cn Exchange Listing: Shanghai Stock Exchange (A‑share).Initial Public Offering: 18 June 2003.
The company maintains a diversified product portfolio that serves both industrial and consumer markets. Its operational focus includes continuous improvement of production efficiency and exploration of cost‑reduction opportunities amid market volatility in alkaline‑chemical prices.
