Despite poor revenue, the company's high P/S ratio indicates...
Despite poor revenue, the company's high P/S ratio indicates investor optimism. However, with expected revenue growth matching industry standards, sustaining the high P/S ratio is doubtful, risking shareholder investments and potential investors paying unnecessary premiums.
Revenues Not Telling The Story For China Dongxiang (Group) Co., Ltd. (HKG:3818) After Shares Rise 29%
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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