Sino Prima Gas Technology Hits Day High with 5.36% Surge

Sino Prima Gas Technology Co., Ltd. has shown significant activity today, achieving a notable gain of 5.36% as it reached an intraday high of CNY 18.28. This performance stands in contrast to the broader market, with the China Shanghai Composite index declining by 1.26% on the same day. Over the past week, Sino Prima has demonstrated a 5.97% increase, and its one-month performance reflects a robust growth of 14.92%. Impressively, the stock has surged by 111.7% over the past year, significantly outperforming the China Shanghai Composite, which has only seen a 22.49% increase during the same period. Despite these positive short-term trends, the company faces challenges, including a low Return on Capital Employed (ROCE) of 3.37% and a high Debt to Equity ratio. The company has reported a significant increase in operating profit of 252.74% for the year, alongside a record operating cash flow of CNY 841.22 million. However, the long-term growth outlook remains cautious, with net sales growing at an annual rate of 9.29% over the last five years.