Zhejiang Jiemei Stock Soars 7.41%, Hits Intraday High of CNY 44.66

Zhejiang Jiemei Electronic & Technology Co., Ltd. has experienced a significant uptick in its stock performance, gaining 7.41% on February 24, 2026. The stock reached an intraday high of CNY 44.66, marking a notable achievement in its trading activity. In terms of performance metrics, Zhejiang Jiemei has shown impressive growth over various time frames. Over the past month, the stock has surged by 48.62%, and its year-to-date performance stands at 60.14%. Additionally, the stock has delivered a remarkable 121.78% increase over the past year, significantly outperforming the China Shanghai Composite, which has only seen a 22.49% rise in the same period. Despite these gains, the company faces challenges in its financial health, with a net profit decline of 39.53% reported for the first nine months. The return on equity is currently at 5.83%, and the price-to-book ratio stands at 5.38, indicating a high valuation relative to its book value. As Zhejiang Jiemei continues to navigate its market position, its recent stock performance highlights the dynamic nature of the electronics and appliances industry.