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Despite a steep price drop, Shenzhen Auto Electric Power Pla...

Despite a steep price drop, Shenzhen Auto Electric Power Plant Ltd's P/S ratio still significantly surpasses the industry median. The company's disappointing three-year revenue trends aren't impacting the P/S as much as anticipated, given they underperform industry expectations. Without a notable upturn in medium-term performance, the P/S ratio may inevitably fall to a more reasonable level.
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates. Read more
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