Daoming Optics Hits Day High with 7.11% Surge Amid Market Decline

Daoming Optics & Chemical Co., Ltd. has shown significant activity today, achieving a notable gain of 7.11% as of February 24, 2026. The stock reached an intraday high of CNY 13.61, reflecting its strong performance against the backdrop of a declining China Shanghai Composite, which fell by 1.26% on the same day. Over the past week, Daoming Optics has outperformed the broader market with a 9.14% increase, and its one-year performance stands at an impressive 49.83%, significantly surpassing the China Shanghai Composite's 22.49% return. The company's market capitalization is currently CNY 7,176 million, placing it in the mid-cap category. Key financial metrics highlight the company's robust position, including a return on equity of 9.28% and a price-to-book ratio of 3.35. Additionally, Daoming Optics has demonstrated consistent returns over the last three years, maintaining a strong dividend yield of 2.26%. The company's operational efficiency is underscored by a high inventory turnover ratio of 2.18, indicating effective management of its resources.