ACM Research Hits Day High with Strong 3.17% Intraday Surge

ACM Research (Shanghai), Inc. has shown significant activity today, with the stock rising by 3.17% and reaching an intraday high of CNY 185.99. This performance stands out against the backdrop of the China Shanghai Composite, which increased by 1.36% on the same day.
Over the past month, ACM Research has demonstrated a robust performance, gaining 19.04%, significantly outperforming the China Shanghai Composite's 2.52% increase. The company's year-to-date performance is particularly noteworthy, with a remarkable 81.28% rise compared to the composite's 16.84%. Over the last year, ACM Research has achieved a 56.37% increase, while the composite index has only risen by 19.83%.

Financial metrics indicate a strong position for ACM Research, with an operating cash flow of CNY 674.52 million and a return on capital employed (ROCE) of 18.69%. The company maintains a return on equity (ROE) of 16.61%, although it carries a price-to-book ratio of 8.67, suggesting a premium valuation. Overall, ACM Research continues to exhibit strong market performance in both the short and long term within the industrial manufacturing sector.