Zhejiang Jiemei Stock Hits Day High with Strong 4.11% Intraday Surge

Zhejiang Jiemei Electronic & Technology Co., Ltd. has experienced a notable increase of 4.11% on October 29, 2025, reaching an intraday high of CNY 33.86. This performance stands in contrast to the China Shanghai Composite, which saw a slight decline of 0.22% on the same day.
Over the past week, Zhejiang Jiemei has shown a solid gain of 3.88%, while its one-month performance reflects a robust increase of 7.28%. Year-to-date, the stock has surged by 61.2%, significantly outperforming the China Shanghai Composite's 18.99% gain. Over the past year, the stock has delivered an impressive return of 59.67%, despite a backdrop of declining profits, which fell by 36.7% during the same period.

The company's market capitalization stands at CNY 12,449 million, categorizing it as a large-cap entity in the electronics and appliances industry. Key financial metrics include a price-to-earnings ratio of 71.00 and a return on equity of 5.83%. Despite these figures, the company faces challenges with a high price-to-book ratio of 4.15 and a declining net profit trend.