Chongqing Brewery Stock Hits Day High with Strong 3.94% Intraday Surge

Chongqing Brewery Co., Ltd. has experienced a notable uptick in its stock performance, gaining 3.94% on March 24, 2026. The stock reached an intraday high of CNY 57.04, reflecting a significant moment in its trading activity. This performance stands in contrast to the broader market, as the China Shanghai Composite index recorded a gain of 1.78% on the same day. Over the past month, Chongqing Brewery has shown resilience with a 5.01% increase, while the Shanghai Composite has declined by 5.73%. However, the company has faced challenges over the longer term, with a 1-year performance of -2.91%, significantly lagging behind the market's 15.17% return. Despite recent gains, the company has reported negative results for six consecutive quarters, and its raw material costs have surged by 102.54% year-over-year. The stock's valuation metrics indicate a high price-to-book ratio of 16.17, alongside a robust return on equity of 134.65%. With a market capitalization of CNY 26,193 million, Chongqing Brewery remains a significant player in the beverage industry, navigating a complex financial landscape.