CITIC Heavy Industries Hits Day High with Strong 3.78% Intraday Surge

CITIC Heavy Industries Co., Ltd. has experienced a notable increase of 3.78% on February 24, 2026, reaching an intraday high of CNY 7.71. This performance stands in contrast to the broader market, as the China Shanghai Composite index declined by 1.26% on the same day. Over the past week, CITIC Heavy Industries has maintained its upward trajectory, reflecting a 3.78% gain, while the Shanghai Composite saw a modest increase of 0.41%. In terms of longer-term performance, CITIC Heavy Industries has shown impressive growth, with a year-to-date increase of 16.54% and a remarkable 87.32% rise over the past year. The company's five-year performance stands at 125.22%, significantly outperforming the Shanghai Composite's 11.68% during the same period. Despite these positive trends, the company faces challenges, including a low Return on Capital Employed (ROCE) of 1.55% and a Return on Equity (ROE) of 3.80%. Additionally, the company has reported negative results for the last three consecutive quarters, indicating potential underlying issues that may affect its future performance.