First Capital Securities Hits Day High with 4.37% Surge in Stock Price

First Capital Securities Co., Ltd. has shown significant activity today, gaining 4.37% and reaching an intraday high of CNY 7.65. This performance stands in contrast to the China Shanghai Composite, which has declined by 1.26% on the same day. Over the past week, First Capital Securities has increased by 6.93%, further highlighting its recent upward momentum. Despite the positive short-term performance, the company has faced challenges in the long term, with a one-year return of -6.56%. However, it has reported strong results in the last four consecutive quarters, with net sales growing by 63.12% and net profit soaring by 160.93%. The return on capital employed (ROCE) has also reached a notable high of 5.53%. First Capital Securities operates within the capital markets industry and holds a market capitalization of CNY 28,638 million. The company’s price-to-earnings ratio stands at 32.00, and it offers a dividend yield of 1.09%. While the stock has experienced fluctuations, its recent performance indicates a notable rebound in the current market environment.