Zhejiang Xinhua Chemical Hits Day High with 10.01% Surge

Zhejiang Xinhua Chemical Co., Ltd. has experienced significant activity today, with the stock rising by 10.01% as of February 26, 2026. The stock reached an intraday high of CNY 36.48, showcasing its strong performance against the backdrop of a declining China Shanghai Composite, which fell by 1.26% on the same day. Over the past week, Zhejiang Xinhua Chemical has demonstrated a robust performance, gaining 17.22%, and it has outperformed the market over the past month with a 25.45% increase. Year-to-date, the stock has risen by 43.62%, significantly surpassing the China Shanghai Composite's 2.85% gain. In the last year, the stock has generated a return of 48.47%, compared to the market's 22.49%. Despite these positive short-term trends, the company has faced challenges in long-term growth, with net sales increasing at an annual rate of 7.41% and operating profit at 11.54% over the last five years. The current market capitalization stands at CNY 6,003 million, and the stock features a price-to-earnings ratio of 22.00, indicating a premium valuation in the specialty chemicals sector.