Jiangsu Shemar Electric Hits Day High with 9.99% Surge in Stock Price

Jiangsu Shemar Electric Co., Ltd. has experienced a significant surge in its stock price, gaining 9.99% on February 26, 2026. The stock reached an intraday high of CNY 54.70, showcasing its strong performance in the market. Over the past year, Jiangsu Shemar has delivered an impressive return of 96.41%, significantly outperforming the China Shanghai Composite, which recorded a gain of only 22.49% during the same period. In terms of financial metrics, the company boasts a robust return on equity (ROE) of 22.80% and a price-to-earnings (P/E) ratio of 42.00. The stock's performance over the last three years has been particularly noteworthy, with a cumulative return of 240.17%, further solidifying its position in the industrial products sector. Additionally, the company maintains a healthy dividend yield of 0.94%, appealing to income-focused investors. Despite recent fluctuations in its financial results, Jiangsu Shemar Electric Co., Ltd. continues to demonstrate resilience and strong market presence, making it a notable player in the other industrial products industry.