Despite CITIC Guoan Information Industry's declining revenue...
Despite CITIC Guoan Information Industry's declining revenues and the industry's expected growth, it trades at a P/S ratio similar to the industry. This could suggest investors are hoping for a business turnaround, risking future disappointment if the P/S falls in line with recent negative growth rates.
CITIC Guoan Information Industry Co., Ltd.'s (SZSE:000839) Business Is Trailing The Industry But Its Shares Aren't
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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