Zhejiang Meili High Technology Hits Day High with 10.77% Surge

Zhejiang Meili High Technology Co., Ltd. has experienced a significant surge in its stock price, gaining 10.77% on October 24, 2025. The stock reached an intraday high of CNY 36.50, reflecting strong performance in the industrial manufacturing sector. Over the past year, Zhejiang Meili has delivered impressive returns of 236.01%, significantly outperforming the China Shanghai Composite, which recorded a 20.43% increase during the same period. The company's market capitalization stands at CNY 4,553 million, categorizing it as a small-cap entity. Key financial metrics indicate a robust operational performance, with net sales reaching CNY 479.61 million in the latest quarter. The company has reported positive results for nine consecutive quarters, showcasing a solid growth trajectory. Additionally, the return on equity (ROE) is noted at 11.84%, while the price-to-book ratio is 3.83, suggesting a premium valuation in the market. Despite a high debt-to-equity ratio of 0.35, the company has managed to maintain a competitive edge, evidenced by its long-term performance metrics. Overall, Zhejiang Meili High Technology Co., Ltd. continues to demonstrate resilience and growth in a challenging economic landscape.