Investors believe the company may underperform the industry, causing a low P/S ratio. The company's shrinking revenue and lack of potential for improvement could lead to an even lower P/S ratio.
Investors believe Shandong Meichen Ecology & Environment Co.,Ltd. will underperform the broader industry, contributing to its low P/S ratio. The company's disappointing medium-term revenue trends and low potential for improvement also factor in.
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