Kunming Chuan Jin Nuo Chemical Hits Day High with 20% Surge

Kunming Chuan Jin Nuo Chemical Co., Ltd. has experienced significant activity today, achieving a remarkable 20.01% increase in its stock price. The stock reached an intraday high of CNY 37.30, reflecting strong performance against the backdrop of a -1.26% decline in the China Shanghai Composite index. Over the past week, Kunming Chuan Jin Nuo Chemical has surged by 36.33%, and its one-month performance stands at 29.69%. Impressively, the stock has delivered a staggering 143.47% return over the past year, significantly outpacing the China Shanghai Composite's 22.49% gain. The company's financial metrics highlight its robust position in the chemicals and petrochemicals industry. With a net profit growth of 128.19% reported in June, Kunming Chuan Jin Nuo has consistently declared positive results for four consecutive quarters. Key indicators include a record operating cash flow of CNY 228.52 million and a return on capital employed (ROCE) of 11.16%. The stock's attractive valuation is further supported by a return on equity (ROE) of 11.45% and a price-to-book ratio of 1.20. Overall, Kunming Chuan Jin Nuo Chemical Co., Ltd. continues to demonstrate strong market performance and financial health.