Despite declining earnings, Heilongjiang Transport Developme...

Moomoo AI Jan 29, 2024 08:39

Despite declining earnings, Heilongjiang Transport Development's high P/E ratio is alarming. Investors overlook the company's weak growth, hoping for a business turnaround. However, without significant medium-term improvements, these prices may be unjustifiable.

Heilongjiang Transport Development Co., Ltd.'s (SHSE:601188) Shares May Have Run Too Fast Too Soon

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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