Sunshine Global Circuits Hits Day High with 20% Surge in Stock Price

Sunshine Global Circuits Co., a mid-cap player in the Electronics & Appliances industry, has experienced significant momentum today, achieving a remarkable 20.0% increase in its stock price. The stock reached an intraday high of CNY 35.16, showcasing its strong performance against the backdrop of the China Shanghai Composite, which declined by 1.26% on the same day. Over the past week, Sunshine Global Circuits has surged by 56.2%, and its one-month performance stands at an impressive 76.68%. Year-to-date, the stock has gained 91.29%, reflecting a robust annual growth of 127.13%. This performance is further underscored by a three-year growth rate of 140.16%, significantly outpacing the broader market. The company recently reported a substantial net profit growth of 145.32%, alongside record figures in net sales and pre-tax profit for the quarter. With an inventory turnover ratio peaking at 5.89%, Sunshine Global Circuits is demonstrating operational efficiency that aligns with its strong financial metrics, including a P/E ratio of 270.00 and a dividend yield of 0.58%.