Sino Geophysical Soars 16.17%, Hits Intraday High Amid Market Decline

Sino Geophysical Co., Ltd., a mid-cap player in the oil industry, has experienced a significant surge in its stock price, gaining 16.17% on February 24, 2026. The stock reached an intraday high of CNY 34.91, marking a notable performance against the backdrop of the China Shanghai Composite, which declined by 1.26% on the same day. Over the past month, Sino Geophysical has shown impressive growth, with a 68.08% increase, while the broader market has faced challenges, reflected in a 1.37% drop in the Shanghai Composite. Year-to-date, the company has achieved an 88.91% rise, significantly outperforming the index's modest 2.85% gain. Despite these positive short-term trends, the company faces underlying financial challenges, including a low Return on Capital Employed (ROCE) of 2.33% and a high Debt to Equity ratio. These metrics indicate potential concerns regarding profitability and long-term growth. Investors will be keen to monitor how Sino Geophysical navigates these dynamics in the coming periods.