Fujian Torch Stock Hits Day High with 7.27% Surge Amid Market Decline

Fujian Torch Electron Technology Co., Ltd. has experienced a significant uptick in its stock performance, gaining 7.27% on February 26, 2026. The stock reached an intraday high of CNY 44.20, showcasing its strong market activity. Over the past year, the company has outperformed the China Shanghai Composite, generating a return of 38.40% compared to the index's 22.49%. In terms of financial metrics, Fujian Torch has a market capitalization of CNY 18,025 million, categorizing it as a large-cap company. The stock's price-to-earnings (P/E) ratio stands at 61.00, while its price-to-book ratio is 2.94. The company also offers a dividend yield of 0.56%, indicating a return to shareholders. Despite recent gains, the company has faced challenges in long-term growth, with net sales increasing at an annual rate of just 0.10% over the last five years. Operating profit has declined by 12.69% during the same period. Nevertheless, the stock's recent performance highlights its resilience in a fluctuating market environment.