Changqing Machinery's low P/E ratio is due to its three-year...
Changqing Machinery's low P/E ratio is due to its three-year growth being lower than market forecast. Investors believe the potential for earnings improvement doesn't justify a higher P/E ratio. If medium-term earnings trends persist, a strong share price rise seems unlikely.
Little Excitement Around Changqing Machinery Company Limited's (SHSE:603768) Earnings As Shares Take 27% Pounding
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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