Shanghai Liangxin Stock Hits Day High with 4.19% Surge

Shanghai Liangxin Electrical Co., Ltd. has experienced a notable increase of 4.19% on February 24, 2026, reaching an intraday high of CNY 11.98. 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 week, Shanghai Liangxin has shown a robust performance with a gain of 14.15%, significantly outperforming the China Shanghai Composite, which only rose by 0.41%. In the longer term, the stock has appreciated by 64.56% over the past year, while the composite index has increased by 22.49%. Despite these short-term gains, the company has faced challenges in its long-term growth trajectory, with net sales growing at an annual rate of 13.87% and operating profit declining by 2.57% over the last five years. The company has reported negative results for the last four consecutive quarters, with a net profit of CNY 104.37 million reflecting a decline of 42.29%. Shanghai Liangxin operates within the electronics and appliances sector and holds a market capitalization of CNY 8,635 million.