Zhejiang Meili Stock Hits Day High with 6.45% Surge in Strong Performance

Zhejiang Meili High Technology Co., Ltd. has experienced a significant uptick in its stock performance, gaining 6.45% on October 27, 2025. The stock reached an intraday high of CNY 37.33, reflecting its strong market activity. Over the past year, the company has demonstrated impressive growth, with a remarkable 222.92% increase in stock value, significantly outperforming the China Shanghai Composite, which rose by 20.43% during the same period.
In terms of financial metrics, Zhejiang Meili has shown a robust return on equity (ROE) of 11.84% and a price-to-book ratio of 3.83, indicating a premium valuation. The company has consistently reported positive results for nine consecutive quarters, with net sales reaching CNY 479.61 million in the latest quarter. Additionally, the reduction in raw material costs by 23.37% year-over-year has contributed positively to its financial health.

Despite a high debt-to-equity ratio of 0.35, the company has managed to maintain a competitive position in the industrial manufacturing sector, showcasing strong long-term performance metrics.