Yantai Zhenghai Magnetic Material Hits Day High with Strong 3.15% Surge

Yantai Zhenghai Magnetic Material Co., Ltd. has shown significant activity today, with the stock rising by 3.15% as of October 14, 2025. The stock reached an intraday high of CNY 19.59, reflecting a strong performance compared to the broader market, as the China Shanghai Composite index declined by 0.19% on the same day.
Over the past week, Yantai Zhenghai has demonstrated an impressive 8.97% increase, and its one-month performance stands at 7.18%. The company has also outperformed the Shanghai Composite significantly over the past year, with a remarkable 79.02% gain compared to the index's 20.88%. Year-to-date, the stock has risen by 49.07%, further highlighting its strong market position.

Despite these positive performance indicators, the company has faced challenges, reporting negative results for the last six consecutive quarters. Key financial metrics include a net profit of CNY -28.1 million and a return on equity of 1.38%. The stock's price-to-earnings ratio stands at 243.00, indicating a high valuation relative to its earnings.