Jiangsu Pacific Quartz Hits Day High with 4.21% Surge in Stock Price

Jiangsu Pacific Quartz Co., Ltd. has experienced a notable increase of 4.21% on May 28, 2026, reaching an intraday high of CNY 72.20. This performance stands in contrast to the China Shanghai Composite, which saw a modest gain of 0.12% on the same day. Over the past month, Jiangsu Pacific Quartz has shown a remarkable growth of 29.81%, significantly outperforming the broader market index. Despite the recent uptick, the company has faced challenges in its long-term growth trajectory. Over the last five years, net sales have grown at an annual rate of only 8.94%, while operating profit has declined by 17.20%. The company reported a decrease in net sales of 8.73% in its latest results, marking a continuation of negative performance over the past five quarters. With a market capitalization of CNY 37,663 million, Jiangsu Pacific Quartz operates within the Other Industrial Products sector. The stock currently has a high price-to-earnings ratio of 258.00 and a price-to-book value of 6.43, indicating a premium valuation in the market.