Luoyang Xinqianglian Stock Hits Day High with 4.87% Surge

Luoyang Xinqianglian Slewing Bearing Co., Ltd. has experienced a significant uptick in its stock performance, gaining 4.87% on September 25, 2025. The stock reached an intraday high of CNY 41.18, reflecting strong market activity. Over the past year, Luoyang Xinqianglian has outperformed the China Shanghai Composite, boasting an impressive 171.96% increase compared to the index's 34.6% gain.
The company's robust financial metrics further underscore its market position. With a net profit growth of 68.01% reported in March 2025, Luoyang Xinqianglian has shown consistent positive results over the last two quarters. Additionally, the company has benefited from a significant reduction in raw material costs, which fell by 59.82% year-over-year.

Luoyang Xinqianglian's inventory turnover ratio stands at a high of 2.67, while its debtors turnover ratio is also strong at 1.65. With a market capitalization of CNY 8,921 million, the company maintains a P/E ratio of 16.00 and a return on equity of 9.26%, positioning it favorably within the industrial manufacturing sector.