Despite declining revenue, the company's P/S ratio remains h...
Despite declining revenue, the company's P/S ratio remains high at 8.2x, significantly higher than half of China's Machinery industry. This, coupled with falling revenue, could risk shareholders' investments.
Guangdong Hongming Intelligent Joint Stock Co., Ltd.'s (SZSE:301105) 29% Share Price Plunge Could Signal Some Risk
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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