Beijing Vastdata Technology Hits Day High with 6.69% Surge

Beijing Vastdata Technology Co., Ltd. has experienced a notable surge today, with the stock rising by 6.69% and reaching an intraday high of CNY 22.80. This performance stands in stark contrast to the broader market, as the China Shanghai Composite index has declined by 1.26% on the same day. Despite the positive movement today, the company has faced challenges in its longer-term performance metrics. Over the past year, Beijing Vastdata has achieved a return of 33.39%, significantly outperforming the China Shanghai Composite's 22.49%. However, its three-year performance shows a decline of 6.92%, while the five-year outlook reflects an impressive growth of 80.96%. Financially, the company has reported a low Return on Capital Employed (ROCE) of 8.52%, indicating limited profitability relative to its capital. Additionally, the company has seen a decrease in net sales and operating profit over the past five years, raising concerns about its long-term growth trajectory. With a market capitalization of CNY 6,539 million, Beijing Vastdata operates within the Computers - Software & Consulting industry, where it continues to navigate a complex financial landscape.