Ningxia Qinglong Pipes Hits Day High with 8.73% Surge in Stock Price

Ningxia Qinglong Pipes Industry Group Co., Ltd. has experienced a significant uptick in its stock performance, gaining 8.73% on February 24, 2026. The stock reached an intraday high of CNY 13.70, marking a notable achievement for the small-cap company in the building products sector. In terms of performance metrics, Ningxia Qinglong has shown resilience over various time frames. Over the past month, the stock has surged by 19.65%, while its year-to-date performance stands at an impressive 25.34%. However, it is important to note that despite these gains, the company has underperformed relative to the China Shanghai Composite index, which has returned 22.49% over the past year. Financially, Ningxia Qinglong's market capitalization is CNY 3,161 million, with a price-to-earnings ratio of 18.00. The company has a dividend yield of 1.29% and a debt-to-equity ratio of 0.12, indicating a relatively low level of debt. Despite recent gains, the company has faced challenges in long-term growth, with net sales and operating profit growing at an annual rate of 7.30% and 7.27%, respectively, over the last five years.