Yantai Jereh Oilfield Services Reports Strong Financial Growth and Bullish Technical Indicators

Yantai Jereh Oilfield Services Group Co. has recently undergone an adjustment in evaluation, reflecting notable shifts in its technical indicators. The stock's technical trend has transitioned from a mildly bullish stance to a bullish outlook, indicating a more favorable technical environment. Key metrics such as the MACD and Bollinger Bands are currently signaling bullish trends on both weekly and monthly bases, while moving averages also reflect a bullish sentiment. In terms of financial performance, the company reported significant figures for the quarter ending June 2025. Operating cash flow reached its highest at CNY 4,695.95 million, and net sales for the half-year grew impressively by 39.01%, totaling CNY 6,853.9 million. The dividend payout ratio stood at 19.56%, contributing to a high dividend yield of 2.8%. With a return on equity of 13.01% and a price-to-book value of 1.61, Yantai Jereh demonstrates an attractive valuation. Over the past year, the stock has generated a return of 32.01%, outperforming the China Shanghai Composite over various time frames. Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.