Yantai Zhenghai Magnetic Material Hits Day High with 9.93% Surge

Yantai Zhenghai Magnetic Material Co., Ltd. has experienced a significant uptick in its stock performance, gaining 9.93% on October 13, 2025. The stock reached an intraday high of CNY 20.30, showcasing its strong activity in the market. This performance stands in contrast to the broader China Shanghai Composite, which saw a decline of 0.94% on the same day.
Over the past week, Yantai Zhenghai has demonstrated a robust increase of 15.68%, and its one-month performance reflects a gain of 17.49%. Year-to-date, the stock has surged by 58.25%, significantly outperforming the China Shanghai Composite's 16.27% increase. Notably, the stock has delivered an impressive 77.9% return over the past year, while the composite index has only risen by 18.02%.

Despite these positive performance indicators, the company has faced challenges, reporting negative net profits for the last six consecutive quarters. The current market capitalization stands at CNY 13,055 million, and the stock's price-to-earnings ratio is notably high at 243.00. As Yantai Zhenghai continues to navigate its financial landscape, its recent stock activity highlights its notable presence in the minerals and mining industry.