Piesat Information Technology Hits Day High with 7.23% Intraday Surge

Piesat Information Technology Co., Ltd. has experienced a significant uptick in its stock performance, gaining 7.23% on February 25, 2026. The stock reached an intraday high of CNY 25.80, showcasing notable activity amid a broader market decline, as the China Shanghai Composite index fell by 1.26% on the same day. Despite this day's positive movement, Piesat's longer-term performance metrics reveal a more complex picture. Over the past month, the stock has declined by 36.96%, and year-to-date, it has dropped 21.22%. However, on an annual basis, Piesat has managed a modest gain of 21.74%, slightly trailing the China Shanghai Composite's 22.49% performance. The company's financial health raises concerns, with a high debt-to-equity ratio of 2.95 and a return on equity of -302.09%. Piesat has reported operating losses and negative results for the last nine consecutive quarters, indicating ongoing challenges in its financial stability. As a mid-cap player in the Computers - Software & Consulting industry, Piesat's market capitalization stands at CNY 6,309 million, reflecting its position within the sector.