Chaozhou Three-Circle Hits Day High with 11.85% Surge in Stock Price

Chaozhou Three-Circle (Group) Co., Ltd. has experienced significant activity today, with the stock surging by 11.85% and reaching an intraday high of CNY 67.78. 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, Chaozhou Three-Circle has shown remarkable resilience, with a 29.81% increase, while the broader market has only managed a modest gain of 0.41%. The company's strong performance is further highlighted by its impressive year-to-date growth of 44.2%, significantly outperforming the China Shanghai Composite's 2.85%. Financial metrics indicate a robust operational foundation, with net sales for the first half of the year reaching CNY 3,776.21 million, reflecting a growth rate of 20.32%. The company has also reported a notable operating cash flow of CNY 2,530.23 million, alongside a return on capital employed (ROCE) of 11.73%. With a market capitalization of CNY 105,048 million, Chaozhou Three-Circle continues to solidify its position in the electronics and appliances industry.