Despite Zhejiang Baida Precision Manufacturing's firm price ...

Despite Zhejiang Baida Precision Manufacturing's firm price bounce, it may still be bullish. However, its respectable earnings growth might underperform the broader market. Its recent medium-term growth being lower than the wider market forecast is causing its P/E to sit below most companies. Investors expect the recent limited growth rates to continue and are only willing to pay a reduced amount for the stock.