Maxwell shares plunge 12.5% as earnings estimates are slashed
The Shenzhen-listed company lost more than half its value from the 52-week high as analysts cut earnings estimates.
The Shenzhen-listed company lost more than half its value from the 52-week high as analysts cut earnings estimates. Published 2026-11-11 by Falling Shares.
| By Falling Shares Intelligence, edited by Wung Thomas, Editor-in-Chief
Written by Falling Shares Intelligence, our automated newsroom, from the public sources listed below and live market data. Every figure is checked against that material before publication, but the story has not been reviewed by a human editor. Check the linked sources before relying on it, and report errors to info@fallingshares.com.
Shares in Maxwell (300751.SZ) fell 12.48% on Wednesday, trading 10,245,493 shares to reach 145.1 CNY. Falling Shares attributes the 15.2% session decline largely to company-specific factors rather than broader market weakness.
Company factors drive steep decline
The stock’s market capitalisation slipped to 40.47 billion CNY as the broader SZSE Component index eased by 0.4%. Falling Shares’ move attribution for the day shows a total fall of 15.2%, with 0.6% driven by market conditions and 14.6% by company-specific influences.
Trading activity was significant, with over 10 million shares changing hands. The stock remains 61.2% below its 52-week high of 373 CNY, according to Yahoo Finance data retrieved on Wednesday morning.
Earnings forecasts cut sharply
Falling Shares risk signals highlight a sharp downward revision in earnings expectations. Consensus earnings per share for the current year have been cut by 31.3% over the past 90 days, falling from 6.31 to 4.33.
Technical indicators show the long-term trend weakening, with the price now 37.5% below the 200-day average. The 50-day moving average has also crossed below the 200-day average, creating what is known as a death cross.
Volatility rating remains unstable
Falling Shares rates the stock as Unstable, citing an annualised volatility of 89.4% compared to 26.1% for the benchmark. This instability is reflected in the 36 sessions with moves of 5% or more recorded in the past six months.
Over the past year, shares have risen 32.4%, but the 5-day change is down 1.1% and the 1-month change is down 11.2%. The stock’s 52-week low stands at 93 CNY.