Zhejiang Yonggui Electric Hits Day High with Strong 5.69% Intraday Surge

Zhejiang Yonggui Electric Equipment Co., Ltd. has experienced a significant uptick in its stock performance, gaining 5.69% on February 26, 2026. The stock reached an intraday high of CNY 19.93, marking a notable achievement amid a challenging market environment, as the China Shanghai Composite index declined by 1.26% on the same day. Over the past week, Zhejiang Yonggui has shown resilience with a 7.18% increase, outperforming the broader market, which saw a modest gain of 0.41%. The company's performance over the past month also reflects a positive trend, with a 5.12% rise compared to the Shanghai Composite's decline of 1.37%. Despite these short-term gains, the company has faced challenges in profitability, evidenced by a low Return on Capital Employed (ROCE) of 5.08% and a Return on Equity (ROE) of 4.33%. The stock's performance over the last year has been less favorable, generating a return of only 0.60%, significantly trailing the market's 15.18% return. Zhejiang Yonggui Electric Equipment operates within the mid-cap segment of the Electronics & Appliances industry, with a market capitalization of CNY 4,746 million.