Qingdao Gaoce Technology Hits Day High with Strong 4.49% Surge

Qingdao Gaoce Technology Co., Ltd. has experienced a notable increase of 4.49% on February 24, 2026, reaching an intraday high of CNY 15.25. This performance stands in contrast to the broader market, as the China Shanghai Composite index declined by 1.26% on the same day. Over the past month, Qingdao Gaoce has shown a robust gain of 10.62%, significantly outperforming the Shanghai Composite, which fell by 1.37%. Year-to-date, the stock has risen by 30.47%, while the index has only managed a modest 2.85% increase. Impressively, the stock has surged by 99.05% over the past year, compared to the Shanghai Composite's 22.49% growth. Despite these short-term gains, the company faces challenges, including a negative net profit of CNY -7.66 million and a concerning decline in operating profit over the last five years. The stock's high dividend yield of 1.6% may attract attention, but the overall financial health reflects a complex picture, with a return on equity of -8.46% and a debt-to-equity ratio of 0.16.