The market's lack of concern for the EPS figure or expected earnings drop is reflected in the 37% share price fall. The company's weak performance over the past five years resulted in shareholders facing a yearly loss of 3%.
A concerning trend for China Tourism Group Duty Free is its historically declining ROCE, despite the company's increased revenue and assets. More examination is required to confirm its future potential.
The stock's underpricing potentially points to a buying opportunity due to unreflected future growth prospects. Nevertheless, consider the capital structure and high beta-induced price volatility which might bring about further buying opportunities.
Peter YCS樓主 : 中國中免在掘墓……只會下跌,何時反彈創新低……