Shenzhen Microgate Technology Hits Day High with Strong 4.63% Gain

Shenzhen Microgate Technology Co., Ltd. has experienced a notable increase of 4.63% on February 24, 2026, reaching an intraday high of CNY 13.57. 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, Shenzhen Microgate has shown a robust performance with a gain of 12.31%, while the Shanghai Composite managed only a modest increase of 0.41%. In the month leading up to this date, the stock has risen by 7.68%, again outperforming the index, which fell by 1.37%. Despite these short-term gains, the company has faced challenges over the longer term. Its net sales have grown at an annual rate of 11.76% over the past five years, with operating profit increasing by 18.78%. The stock's return on equity stands at 7.28%, and it currently has a price-to-book ratio of 2.38. With a market capitalization of CNY 10,429 million, Shenzhen Microgate continues to navigate a competitive landscape in the electronics and appliances sector.