Tong Oil Tools Hits Day High with 14.51% Surge Amid Market Decline

Tong Oil Tools Co., Ltd. has experienced significant activity today, with the stock surging by 14.51% on February 25, 2026. The stock reached an intraday high of CNY 15.29, marking a notable performance against the backdrop of the China Shanghai Composite, which declined by 1.26% on the same day. Over the past week, Tong Oil Tools has shown impressive growth, with a 37.45% increase, and an even more remarkable 85.82% rise over the past month. Year-to-date, the stock has gained 165.94%, significantly outperforming the broader market, which has only seen a 2.85% increase. Despite these positive short-term trends, the company faces challenges in management efficiency, reflected in a low Return on Capital Employed (ROCE) of 2.25%. Additionally, the company's long-term growth has been modest, with net sales increasing at an annual rate of just 0.42% over the last five years. The market capitalization of Tong Oil Tools stands at CNY 3,388 million, positioning it within the mid-cap sector of the oil industry.