Zhuhai Bojay Electronics Hits Day High with Strong 3.72% Intraday Surge

Zhuhai Bojay Electronics Co., Ltd. has shown significant activity today, with the stock rising by 3.72% and reaching an intraday high of CNY 87.93. This performance stands in contrast to the China Shanghai Composite, which declined by 1.26% on the same day. Over the past week, Zhuhai Bojay has maintained a positive trajectory, with a 3.34% increase compared to the composite's modest gain of 0.41%. The company's financial metrics reflect robust growth, highlighted by a remarkable 128.51% increase in net sales. Additionally, the net profit for the half-year has improved significantly, growing by 92.95% to CNY -3.18 million. The stock has demonstrated impressive long-term performance, with a 112.94% increase over the past year and a 119.63% rise over the last three years, consistently outperforming the China Shanghai Composite. With a market capitalization of CNY 8,883 million, Zhuhai Bojay operates within the industrial manufacturing sector and has a price-to-earnings ratio of 408.00. The company’s financial health is further supported by a negative debt-to-equity ratio of -0.22, indicating a strong balance sheet.