Zhonghang Electronic Hits Day High with Strong 5.82% Intraday Surge

Zhonghang Electronic Measuring Instruments Co., Ltd. has experienced a significant uptick in its stock performance, gaining 5.82% on February 24, 2026. The stock reached an intraday high of CNY 81.60, showcasing its strong market activity amidst a broader market decline, as the China Shanghai Composite index fell by 1.26% on the same day. In terms of performance metrics, Zhonghang has shown resilience over various time frames. Over the past year, the stock has increased by 12.14%, although it lags behind the China Shanghai Composite's 22.49% gain. Year-to-date, the stock has risen by 2.63%, slightly below the composite's 2.85%. Notably, the company has demonstrated remarkable growth over the long term, with a staggering 560.26% increase over the past five years. Financially, Zhonghang reported a 5.16% growth in net sales and achieved its highest operating cash flow at CNY 2,047.11 million. The company also boasts a robust cash position of CNY 28,939.34 million, contributing to its strong market capitalization of CNY 46,569 million. With a P/E ratio of 248.00 and a return on equity of 10.96%, Zhonghang continues to solidify its position in the electronics and appliances industry.