Guizhou Chanhen Chemical Corp. Hits Day High with 7.43% Surge

Guizhou Chanhen Chemical Corp., a prominent player in the specialty chemicals sector, has experienced a significant uptick in its stock performance today, gaining 7.43% and reaching an intraday high of CNY 42.38. This surge stands in stark contrast to the broader market, as the China Shanghai Composite index declined by 1.26% on the same day. Over the past week, Guizhou Chanhen has shown a robust performance with an 11.09% increase, and its one-month performance reflects a solid growth of 12.71%. Impressively, the stock has delivered a remarkable 94.94% return over the past year, significantly outperforming the China Shanghai Composite, which recorded a 22.49% increase during the same period. The company has consistently reported positive results, with operating cash flow reaching CNY 789.93 million and net sales growing by 43.16% to CNY 1,461.77 million. With a return on equity of 17.45% and a favorable price-to-book ratio of 2.27, Guizhou Chanhen Chemical Corp. continues to demonstrate strong financial health and market resilience.