Longyan Zhuoyue New Energy Hits Day High with 9.2% Surge

Longyan Zhuoyue New Energy Co., Ltd. has experienced a significant uptick in its stock performance, gaining 9.2% on February 24, 2026. The stock reached an intraday high of CNY 83.20, marking a notable achievement for the company within the specialty chemicals sector. In terms of performance metrics, Longyan Zhuoyue has shown impressive growth over the past year, with a remarkable increase of 128.46%, significantly outpacing the China Shanghai Composite's 22.49% rise during the same period. The company's year-to-date performance stands at 38.47%, again surpassing the broader market's 2.85% gain. Despite these positive short-term trends, the company faces challenges in long-term growth, as evidenced by a decline in net sales and operating profit over the past five years. The current market capitalization of Longyan Zhuoyue is CNY 8,849 million, with a price-to-earnings ratio of 36.00 and a dividend yield of 0.68%. The company's financial health is further illustrated by a low debt-to-equity ratio of 0.01 and a return on equity of 5.33%.