Guangdong Guanghua Soars 5.63%, Hits Intraday High of CNY 23.74

Guangdong Guanghua Sci-Tech Co., Ltd., a mid-cap player in the specialty chemicals sector, has shown significant activity today, gaining 5.63% and reaching an intraday high of CNY 23.74. 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, Guangdong Guanghua has demonstrated a robust performance, with a 9.86% increase, while its one-year performance reflects a notable gain of 35.11%, outpacing the Shanghai Composite's 22.49% rise. The company has also reported a year-to-date increase of 16.05%, indicating a strong position relative to the market. Despite these positive trends, the company faces challenges, including a low Return on Capital Employed (ROCE) of 1.51% and a high debt-to-equity ratio of 0.22. However, it has recently reported a growth in net profit of 23.17%, supported by a significant decrease in raw material costs. With cash and equivalents at their highest level of CNY 1,500.41 million, Guangdong Guanghua Sci-Tech Co., Ltd. continues to navigate a complex financial landscape while achieving notable intraday highs.