Hengtong Optic-Electric Hits Day High with 10% Surge in Stock Price

Hengtong Optic-Electric Co., Ltd. has experienced significant activity today, achieving an intraday high of CNY 44.33, marking a notable gain of 10.0%. 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, Hengtong has shown a robust increase of 15.14%, and its one-month performance reflects a remarkable growth of 42.95%. The company's year-to-date performance is also impressive, with a gain of 79.26%. In the longer term, Hengtong has outperformed the China Shanghai Composite significantly, boasting a three-year growth of 203.42% and a five-year increase of 245.52%. Financially, Hengtong has reported positive results for the last four consecutive quarters, with net sales reaching CNY 36,352.56 million, reflecting an 18.74% growth. The company maintains a return on equity of 9.79% and a debt-to-equity ratio of 0.33, indicating a manageable level of debt relative to its equity. Overall, Hengtong Optic-Electric Co., Ltd. continues to demonstrate strong performance metrics within the electronics and appliances industry.