Zhejiang NHU Co. Hits Day High with Strong 3.36% Intraday Surge

3 hours ago
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Zhejiang NHU Co. has demonstrated strong performance, with notable gains both today and over the past month. The company reported impressive financial results, including significant growth in net sales and operating cash flow. Its year-to-date and annual returns have substantially outpaced the broader market, highlighting its robust position in the pharmaceuticals sector.
Zhejiang NHU Co. Hits Day High with Strong 3.36% Intraday Surge
Zhejiang NHU Co. has shown significant activity today, gaining 3.36% and reaching an intraday high of CNY 31.77. This performance stands in contrast to the China Shanghai Composite, which declined by 1.26% on the same day. Over the past week, Zhejiang NHU has increased by 5.54%, and its one-month performance reflects a robust growth of 10.93%.
Year-to-date, the stock has appreciated by 23.3%, significantly outperforming the broader market, which has only seen a 2.85% increase. Over the past year, Zhejiang NHU has delivered an impressive return of 44.8%, compared to the China Shanghai Composite's 22.49%. The company has consistently reported positive results, with operating cash flow reaching a high of CNY 8,230.45 million and net sales growing by 30.93% to CNY 11,126.28 million. With a return on equity of 24.27% and a price-to-book ratio of 2.34, Zhejiang NHU maintains an attractive valuation in the pharmaceuticals and biotechnology sector.
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