Bomesc Offshore Engineering Hits Day High with 7.2% Surge in Stock Price

Bomesc Offshore Engineering Co., Ltd. has experienced a significant uptick in its stock performance, gaining 7.2% on February 24, 2026. The stock reached an intraday high of CNY 17.86, showcasing notable activity in the market. This performance stands in contrast to the broader China Shanghai Composite, which declined by 1.26% on the same day. Over the past week, Bomesc has shown a robust increase of 10.86%, and its one-month performance reflects a gain of 16.88%. Year-to-date, the stock has risen by 27.75%, significantly outperforming the China Shanghai Composite's modest 2.85% increase. Over the past year, Bomesc's stock has surged by 41.97%, compared to the composite's 22.49% growth. Despite these positive short-term trends, the company faces challenges in management efficiency, with a low Return on Capital Employed (ROCE) of 2.55%. Additionally, Bomesc has reported a decline in net sales and operating profit over the past five years, indicating potential long-term growth concerns. The company's market capitalization stands at CNY 4,683 million, classifying it as a small-cap entity in the oil industry.