Despite declining revenue, the company's high P/S ratio may ...
Despite declining revenue, the company's high P/S ratio may reflect investor expectations of future outperformance. However, recent negative growth rates pose a risk of disappointment if the P/S aligns with these rates. The company's current trading at a P/S higher than the industry despite recent revenue decline is concerning.
Jiangsu Yangdian Science & Technology Co. Ltd.'s (SZSE:301012) 40% Share Price Plunge Could Signal Some Risk
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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