Shaanxi Heimao Coking Hits Day High with 7.69% Surge in Stock Price

Shaanxi Heimao Coking Co., Ltd. has experienced a significant uptick in its stock performance today, gaining 7.69% and reaching an intraday high of CNY 4.90. This notable increase stands in contrast to the broader market, as the China Shanghai Composite index has declined by 1.26% on the same day. Over the past month, Shaanxi Heimao has shown a robust performance, with a 23.74% increase, while the Shanghai Composite has faced a slight downturn of 1.37%. Year-to-date, the stock has risen by 35.36%, significantly outperforming the index, which has only gained 2.85%. However, it is important to note that the company has faced challenges in the longer term, with a three-year performance decline of 3.54% and a five-year drop of 41.34%. Despite today's positive movement, the company has reported negative results for the last 13 consecutive quarters, indicating ongoing financial difficulties. The market capitalization of Shaanxi Heimao stands at CNY 9,089 million, categorizing it as a mid-cap company within the miscellaneous industry.