Ribo Fashion Group Hits Day High with Strong 5.14% Intraday Surge

Ribo Fashion Group Co., a mid-cap player in the footwear industry, has shown significant activity today, gaining 5.14% on February 24, 2026. The stock reached an intraday high of CNY 26.77, 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, Ribo Fashion Group has outperformed the broader market with a 5.86% increase, while the Shanghai Composite managed only a modest gain of 0.41%. The company's one-month performance stands at 3.21%, contrasting with the composite's decline of 1.37%. Impressively, Ribo has achieved a remarkable 92.21% increase over the past year, significantly outpacing the composite's 22.49% growth. Despite these positive short-term trends, the company faces challenges, including a low Return on Capital Employed (ROCE) of 2.96% and a concerning decline in net sales growth over the past five years. With a market capitalization of CNY 6,032 million, Ribo Fashion Group continues to navigate a complex financial landscape while demonstrating resilience in its stock performance today.