Shenzhen Lihexing Soars 8.88%, Hits Intraday High of CNY 26.56

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Shenzhen Lihexing Co., Ltd. saw its stock rise significantly on February 24, 2026, despite a broader market decline. The company has shown strong annual growth but faces challenges, including operating losses and a high debt-to-equity ratio, with net sales down in the first half of the year.
Shenzhen Lihexing Soars 8.88%, Hits Intraday High of CNY 26.56
Shenzhen Lihexing Co., Ltd. has experienced a significant surge in its stock price, gaining 8.88% on February 24, 2026. The stock reached an intraday high of CNY 26.56, 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, Shenzhen Lihexing has shown a robust increase of 9.74%, while its monthly performance reflects a decline of 7.9%. However, the company has demonstrated impressive annual growth, with a remarkable 115.36% increase compared to the China Shanghai Composite's 22.49% gain over the same period. Despite these positive short-term trends, the company faces challenges in its long-term fundamentals, including operating losses and a high debt-to-equity ratio of 51.51%. The company's net sales have decreased by 30.82% in the first half of the year, and its return on capital employed (ROCE) stands at a low -5.38%. As a mid-cap player in the industrial products sector, Shenzhen Lihexing's market capitalization is CNY 1,269 million, reflecting its current standing in the market.
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