Jiujiang Defu Technology Hits Day High with 10.4% Surge in Stock Price

Jiujiang Defu Technology Co., Ltd. has experienced significant activity today, with the stock surging by 10.4% on March 11, 2026. The stock reached an intraday high of CNY 41.00, reflecting strong momentum in the industrial manufacturing sector. Over the past year, Jiujiang Defu has delivered an impressive return of 151.28%, significantly outperforming the China Shanghai Composite, which recorded a return of 22.3%. Key financial metrics highlight the company's robust performance. The operating profit saw a remarkable increase of 1158.1%, and the net sales for the quarter reached CNY 3,200.72 million. Additionally, the company achieved a record high in its inventory turnover ratio at 6.32 times, indicating efficient management of its inventory. Despite these positive indicators, the company has faced challenges, with a return on equity of -2.36% and a price-to-book ratio of 3.13, suggesting a complex valuation landscape. Nevertheless, Jiujiang Defu's market position remains strong, as evidenced by its substantial growth in recent months.