Despite declining revenue, the company's high price-to-sales...
Despite declining revenue, the company's high price-to-sales ratio indicates investor optimism. However, with recent medium-term revenue decline, these high prices may not be sustainable. Current share price may be hard to accept as fair value unless conditions significantly improve.
More Unpleasant Surprises Could Be In Store For Hangzhou Gaoxin Rubber & Plastic Materials Co., Ltd.'s (SZSE:300478) Shares After Tumbling 35%
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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