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Despite a drop in share price and revenue, Guangdong Songfa ...
Despite a drop in share price and revenue, Guangdong Songfa Ceramics' high P/S ratio suggests investors may be overly optimistic. A continued revenue decline could adjust the P/S ratio, possibly disappointing shareholders.
Guangdong Songfa Ceramics Co.,Ltd. (SHSE:603268) Shares May Have Slumped 29% But Getting In Cheap Is Still Unlikely
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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