China Aerospace Times Hits Day High with 6.28% Surge Amid Market Decline

China Aerospace Times Electronics Co., Ltd. has experienced a notable surge today, gaining 6.28% and reaching an intraday high of CNY 25.86. 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. Over the past week, the stock has shown a positive trend, increasing by 6.72%, while its one-month performance reflects a decline of 18.72%. However, on a yearly basis, the company has demonstrated impressive growth, with a remarkable 170.87% increase compared to the China Shanghai Composite's 22.49% rise. Despite these gains, the company faces challenges, including a low Return on Capital Employed (ROCE) of 3.15% and a Return on Equity (ROE) of 0.95%. Additionally, the company has reported negative results for the last two consecutive quarters, with significant declines in pre-tax and net profits. With a market capitalization of CNY 77,371 million, China Aerospace Times Electronics operates within the Aerospace & Defense industry, characterized by a P/E ratio of 78.00 and a dividend yield of 0.21%.