Shenzhen S.C New Energy Hits Day High with 3.67% Surge

Shenzhen S.C New Energy Technology Corp. has experienced a notable increase of 3.67% on March 13, 2026, reaching an intraday high of CNY 124.83. This performance stands in contrast to the China Shanghai Composite, which declined by 0.82% on the same day. Over the past week, the stock has shown a robust gain of 7.51%, further highlighting its strong market position. The company has consistently reported positive results for the last ten consecutive quarters, showcasing a return on capital employed (ROCE) of 28.9% and a significant reduction in raw material costs by 22.44% year-over-year. With cash and equivalents at a high of CNY 18,586.91 million, the financial health of Shenzhen S.C New Energy Technology Corp. appears solid. In terms of valuation, the company boasts a return on equity (ROE) of 26.19% and a price-to-book ratio of 2.64. Over the past year, the stock has generated an impressive return of 94.46%, significantly outperforming the market, while also maintaining a dividend yield of 1.3%.