Beijing New Building Materials Hits Day High with 4.06% Surge

Beijing New Building Materials Public Co. has shown significant activity today, gaining 4.06% and reaching an intraday high of CNY 29.15. This performance stands in contrast to the broader market, as the China Shanghai Composite index declined by 1.26% on the same day. Over the past week, Beijing New Building Materials has demonstrated a robust performance, increasing by 6.03%, while the Shanghai Composite managed only a modest gain of 0.41%. In the month leading up to this date, the stock has risen by 4.48%, again outperforming the composite index, which fell by 1.37%. Despite these short-term gains, the company has faced challenges in the long term, with a 5-year performance decline of 41.29%. The stock's market capitalization stands at CNY 44,158 million, and it currently has a price-to-earnings ratio of 12.00. The dividend yield is reported at 3.31%, and the return on equity is 12.09%. These metrics highlight the company's position within the building products industry, reflecting both its recent activity and ongoing performance trends.