Shandong Nanshan Aluminum Hits Day High with 3.52% Surge

Shandong Nanshan Aluminum Co., Ltd. has shown significant activity today, gaining 3.52% and reaching an intraday high of CNY 7.12. This performance stands in contrast to the China Shanghai Composite, which declined by 1.26% on the same day. Over the past week, Shandong Nanshan Aluminum has increased by 5.22%, further highlighting its strong market position. The company has demonstrated impressive long-term performance, with a remarkable 86.51% increase over the past year, significantly outperforming the China Shanghai Composite's 22.49% gain. Year-to-date, the stock has risen by 31.04%, showcasing its resilience and growth trajectory. Financially, Shandong Nanshan Aluminum boasts a robust operating cash flow of CNY 9,235.32 million and a strong cash position of CNY 54,456.69 million. The company's debt-equity ratio stands at a low -42.12%, indicating a solid financial foundation. With a return on equity of 12.86% and a price-to-book ratio of 0.85, the company presents an attractive valuation in the non-ferrous metals industry.