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Jiangxi Zhengbang Technology's high P/S ratio may not be jus...

Jiangxi Zhengbang Technology's high P/S ratio may not be justified due to its poor financial performance and declining revenues. If the company doesn't outperform the industry soon, investors might be overpaying. The company's downward momentum based on recent medium-term revenue results is concerning. If the P/S falls to levels more in line with the recent negative growth rates, it could pose a significant risk to investors.
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates. Read more
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