Shenzhen New Nanshan Holding Hits Day High with 5.08% Surge

Shenzhen New Nanshan Holding (Group) Co. has experienced a notable increase of 5.08% on March 24, 2026, reaching an intraday high of CNY 2.48. This performance stands out against the backdrop of the China Shanghai Composite, which rose by 1.78% on the same day. Despite this day's positive movement, the stock has faced challenges over the past week, with a decline of 7.46%. Over the past month, it has decreased by 6.06%, and year-to-date, it has seen a drop of 12.98%. In a longer-term view, the stock has struggled significantly, with a three-year performance decline of 31.3% and a five-year decline of 27.7%. Financial metrics indicate that Shenzhen New Nanshan Holding operates with a low Return on Capital Employed (ROCE) of 2.53%, reflecting limited profitability relative to its capital. The company has also reported a high Debt to Equity ratio, suggesting a challenging financial structure. However, recent quarterly results showed a substantial net profit growth of 203.51%, attributed to a significant increase in net sales.