Longfor Group Holdings' low P/E ratio is due to predicted sl...
Longfor Group Holdings' low P/E ratio is due to predicted sliding earnings. Without an improved earnings outlook, the low P/E could continue to suppress the share price. The company needs more upward momentum to lift its P/E ratio.
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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Mr Careful : not likely to improve earnings. big players like vanke have to unload properties at lower price to keep afloat. if everyone sells lower, no one will benefit