Acter Technology Hits Day High with 10% Surge Amid Market Decline

Acter Technology Integration Group Co., Ltd., a prominent player in the construction industry, has experienced significant activity today, gaining 10.0% and reaching an intraday high of CNY 143.07. This performance stands in stark contrast to the China Shanghai Composite, which has declined by 1.26% on the same day. Over the past week, Acter Technology has shown a robust increase of 10.92%, and its monthly performance is even more impressive at 54.92%. The stock has demonstrated remarkable growth over the past year, with a staggering 368.01% increase, significantly outperforming the China Shanghai Composite's 22.49% rise. Despite the positive short-term performance, the company has faced challenges in long-term growth, with net sales increasing at an annual rate of 20.82% and operating profit at 7.91% over the last five years. The return on equity stands at 12.76%, with a price-to-book ratio of 2.90, indicating an attractive valuation. Acter Technology's market capitalization is currently CNY 3,225 million, solidifying its position as a large-cap entity in the construction sector.