CR New Energy Shares Continue to Fall 12.75%, Dynamic P/E Ratio Drops to 32.48x, Total Market Cap at 210.04 Billion Yuan (Approx. $27.58 Billion)

CR New Energy shares closed down another 12.75% on July 8, at 16.15 yuan, with its dynamic P/E ratio falling to 32.48x, a price-to-book ratio of 1.85x, and a total market capitalization of 210.04 billion yuan (approximately $27.58 billion). The company's fundamentals continue to weaken, with net profit declining by a cumulative 26% over three years and first-quarter earnings under pressure, reflecting the market challenges facing the fossil energy sub-sector.