Farsoon Technologies Hits Day High with 12.98% Surge Amid Market Decline

Farsoon Technologies Co., Ltd., a prominent player in the Trading & Distributors sector, has experienced significant activity today, with its stock surging by 12.98% on February 26, 2026. The stock reached an intraday high of CNY 101.98, marking a notable performance against the backdrop of the China Shanghai Composite, which declined by 1.26% on the same day. Over the past week, Farsoon Technologies has shown a robust increase of 17.11%, while its monthly performance stands at 8.56%. Impressively, the stock has delivered a remarkable annual return of 118.3%, significantly outperforming the China Shanghai Composite's 22.49% gain. Despite these positive short-term trends, the company faces challenges in its long-term growth metrics. Over the last five years, net sales have grown at an annual rate of 8.76%, but operating profit has seen a decline of 138.33%. Additionally, the company has reported negative results for the last four consecutive quarters, with a net profit of CNY 13.15 million reflecting a decrease of 24.95%. With a market capitalization of CNY 17,012 million, Farsoon Technologies continues to navigate a complex financial landscape while showcasing notable short-term stock performance.