Sunshine Global Circuits Hits Day High with 17.06% Surge in Stock Price

Sunshine Global Circuits Co., a midcap player in the Electronics & Appliances industry, has experienced significant momentum today, gaining 17.06% and reaching an intraday high of CNY 30.04. This performance stands in stark contrast to the China Shanghai Composite, which has declined by 1.26% on the same day. Over the past week, Sunshine Global Circuits has surged by 30.16%, and its one-month performance shows an impressive increase of 47.38%. Year-to-date, the stock has risen by 59.41%, reflecting a robust growth trajectory compared to the broader market, which has only seen a 2.85% increase. The company recently reported a remarkable net profit growth of 145.32%, alongside a record net sales figure of CNY 416.89 million and a pre-tax profit of CNY 16.97 million. Additionally, the inventory turnover ratio has reached a high of 5.89%, indicating efficient inventory management. With a market capitalization of CNY 6,488 million, Sunshine Global Circuits continues to solidify its position in the market, showcasing strong financial metrics and performance indicators.