Qingdao TGOOD Electric Hits Day High with Strong Intraday Performance

Qingdao TGOOD Electric Co., Ltd. has shown significant activity today, with the stock rising by 3.47% on February 24, 2026. The stock reached an intraday high of CNY 28.79, reflecting a strong performance compared to the broader market, as the China Shanghai Composite index declined by 1.26% on the same day. Over the past week, Qingdao TGOOD Electric has demonstrated a robust increase of 6.47%, while its performance over the past year stands at 20.38%. The company has a market capitalization of CNY 26,953 million, categorizing it as a large-cap entity within the electronics and appliances industry. Despite the positive short-term performance, the company faces challenges with a low Return on Capital Employed (ROCE) of 3.38% and a Debt to Equity ratio that indicates a high level of debt. However, it has managed to maintain a Return on Equity (ROE) of 14.87%, suggesting some level of profitability. The stock also offers a dividend yield of 0.59%, which may appeal to certain investors. Overall, Qingdao TGOOD Electric's recent performance highlights its resilience in a fluctuating market environment.