Luoyang Xinqianglian Stock Hits Day High with 11.12% Surge

Luoyang Xinqianglian Slewing Bearing Co., Ltd. has experienced a significant surge in its stock performance, gaining 11.12% on October 22, 2025. The stock reached an intraday high of CNY 49.60, reflecting strong market activity. Over the past year, Luoyang Xinqianglian has outperformed the China Shanghai Composite, achieving a remarkable 141.7% increase compared to the index's 19.83% gain.
The company's financial metrics indicate a robust position within the industrial manufacturing sector. Notably, Luoyang Xinqianglian reported a net profit growth of 68.01% in its latest results, showcasing its operational efficiency. The firm has also maintained a high inventory turnover ratio of 2.67 and a debtors turnover ratio of 1.65, both of which are indicators of effective asset management.

With a market capitalization of CNY 8,921 million, Luoyang Xinqianglian's price-to-earnings ratio stands at 16.00, while its return on equity is recorded at 9.26%. The stock's performance over various time frames, including a year-to-date increase of 152.07%, highlights its strong market position and resilience in the industrial sector.