Nuode New Materials Hits Day High with 9.59% Surge in Stock Price

Nuode New Materials Co., Ltd., a prominent player in the Electronics & Appliances sector, has experienced a significant surge in its stock price, gaining 9.59% on February 24, 2026. The stock reached an intraday high of CNY 7.67, marking a notable performance against the backdrop of the China Shanghai Composite, which declined by 1.26% on the same day. Over the past week, Nuode has shown a robust performance with a 10.57% increase, while its one-year performance stands at an impressive 83.0%, significantly outperforming the China Shanghai Composite's 22.49% gain. Despite these positive short-term trends, the company faces challenges, including a low Return on Capital Employed (ROCE) of 4.47% and a high Debt to Equity ratio, indicating potential concerns regarding long-term profitability and financial stability. In recent results, Nuode reported a 10.65% growth in net sales, with operating cash flow reaching its highest at CNY 1,068.04 million. However, the company has also seen a decline in operating profit over the past five years, highlighting the complexities of its financial landscape.