China XD Electric Hits Day High with 3.81% Surge Amid Market Decline

China XD Electric Co., Ltd. has shown significant activity today, with the stock rising by 3.81% as it reached an intraday high of CNY 7.37. This performance stands in contrast to the broader market, as the China Shanghai Composite index declined by 0.62% on the same day.
Over the past week, China XD Electric has demonstrated a robust performance, gaining 8.88%, while the one-month performance reflects a notable increase of 13.58%. However, the stock has faced challenges over the past year, with a decline of 8.8%, contrasting sharply with the 17.69% gain of the Shanghai Composite during the same period.

Key financial metrics indicate a market capitalization of CNY 33,062 million, positioning China XD Electric as a large-cap player in the electronics and appliances industry. The company boasts a return on equity of 6.53% and a price-to-book ratio of 1.47, suggesting an attractive valuation. Additionally, the stock offers a dividend yield of 2.02%, further enhancing its appeal in the current market landscape.