Jilin Electric Power Hits Day High with Strong 5.16% Intraday Surge

Jilin Electric Power Co., Ltd. has experienced a notable surge today, gaining 5.16% and reaching an intraday high of CNY 7.50. This performance stands in stark contrast to the China Shanghai Composite, which has declined by 1.26% on the same day. Over the past week, Jilin Electric Power has shown a robust increase of 7.78%, and its one-month performance reflects a significant rise of 19.35%. Year-to-date, the company has achieved a commendable growth of 30.14%, outperforming the broader market, which has only seen a 2.85% increase. Over the last year, Jilin Electric Power has delivered a return of 38.49%, significantly higher than the China Shanghai Composite's 22.49%. Despite these positive short-term trends, the company faces challenges with long-term fundamentals, including a relatively low return on capital employed (ROCE) of 5.23% and a high debt-to-equity ratio of 2.65. The stock's valuation metrics indicate a price-to-book ratio of 1.09, and it currently offers a dividend yield of 0.83%.