Despite strong revenue growth, the company's high P/S ratio ...
Despite strong revenue growth, the company's high P/S ratio may not be justified without outperforming the industry soon. The recent medium-term revenue decline is concerning, especially compared to the industry's predicted 26% growth. The high P/S ratio, despite declining revenues, suggests investors are overly bullish and prices may not be sustainable.
Shenzhen Original Advanced Compounds Co., Ltd. (SHSE:603991) Shares May Have Slumped 28% But Getting In Cheap Is Still Unlikely
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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