Konka Group's low P/S ratio is due to shrinking revenue. Wit...
Konka Group's low P/S ratio is due to shrinking revenue. Without top-line growth improvement, the P/S ratio could fall further, possibly disappointing shareholders. The recent share price surge didn't lift Konka's P/S to industry median. Investors doubt revenue improvement potential to justify a higher P/S ratio.
Konka Group Co., Ltd. (SZSE:000016) Held Back By Insufficient Growth Even After Shares Climb 26%
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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