Leading Shares Hit Record High as H1 Revenue Jumps 1819.63% to RMB 2 Billion
Leading Shares hit an all-time high on Wednesday, rising 6.48% to RMB 178.20 by 10:08 a. m. , with turnover of 3.45 million shares and a 2.24% turnover rate. The company's H1 revenue reached RMB 2.00 billion, up 1819.63% year-on-year, while net profit surged 895.50% to RMB 180 million. The electronics sector fell 0.38% overall.
Leading Shares hit a record high on Wednesday. As of 10:08 a. m. , the stock was up 6.48% at RMB 178.20, with trading volume of 2.0062 million shares and turnover of RMB 345 million, representing a turnover rate of 2.24%. The company's latest total A-share market capitalization stood at RMB 27.213 billion, with a free-float market value of RMB 15.955 billion.
The broader electronics sector declined 0.38%. Within the sector, 160 stocks rose, including five hitting the daily limit, such as Shenhuafa A and Xingsen Technology. Meanwhile, 345 stocks fell, with the steepest declines seen in Zhongshi Technology, Aike Shares, and Longchen Technology, down 13.90%, 7.32%, and 5.41%, respectively.
According to the company's semi-annual report, revenue for the first half of the year totaled RMB 2.00 billion, up 1819.63% year-on-year. Net profit reached RMB 180 million, an increase of 895.50%. Basic earnings per share stood at RMB 1.1800, and the weighted average return on equity was 5.02%.