Shenzhen Cheng Chung Design Hits Day High with 9.98% Surge

Shenzhen Cheng Chung Design Co., Ltd. has experienced significant activity today, with the stock surging by 9.98% to reach an intraday high of CNY 17.75. This performance stands in stark contrast to the China Shanghai Composite, which has declined by 1.26% on the same day. Over the past week, Shenzhen Cheng Chung Design has shown a remarkable increase of 21.0%, further highlighting its strong market position. The company's financial metrics reflect robust growth, with a net profit of CNY 24.91 million, marking an impressive increase of 208.86%. Additionally, net sales have risen by 29.51% to CNY 627.98 million. The return on capital employed (ROCE) is notably high at 6.48%, and the return on equity (ROE) stands at 8.69%. Shenzhen Cheng Chung Design's market capitalization is CNY 3,573 million, categorizing it as a small-cap company. With a price-to-earnings (P/E) ratio of 29.00 and a dividend yield of 3.43%, the company continues to demonstrate strong financial health and performance metrics that outpace the broader market.