Sichuan Development Lomon Co. Hits Day High with 8.23% Surge

Sichuan Development Lomon Co., a prominent player in the Chemicals & Petrochemicals industry, has experienced a significant uptick in its stock performance today, gaining 8.23% as of February 24, 2026. The stock reached an intraday high of CNY 12.76, marking a notable achievement amidst a challenging market environment, as the China Shanghai Composite index declined by 1.26% on the same day. Over the past week, Sichuan Development Lomon has shown resilience with a 9.15% increase, and its month-to-date performance stands at 11.83%. However, the company has faced headwinds over the past year, with a decline of 8.99%, contrasting sharply with the China Shanghai Composite's 22.49% gain during the same period. Despite the recent positive momentum, the company has reported a return on equity of 4.97% and a high price-to-book ratio of 1.98, indicating a premium valuation. The stock's performance metrics reveal a complex picture, with a year-to-date increase of 16.74% and a five-year growth of 73.13%, suggesting potential volatility in its market position.