Despite a major share price drop, Shandong Hongyu Precision ...
Despite a major share price drop, Shandong Hongyu Precision Machinery's P/E remains high. Investors overlook limited recent growth, hoping for a business turnaround. If P/E aligns with growth rates, shareholders may face disappointment. Weak earnings and slow market growth suggest further share price decline risk.
![](https://pubimg-10000538.picsh.myqcloud.com/20220509000002743000e261de8.jpg)
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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