Despite Hailun PianoLtd's poor growth, its high P/S ratio in...
Despite Hailun PianoLtd's poor growth, its high P/S ratio indicates investor optimism for a business turnaround. However, a drop in P/S ratio in line with negative growth rates could disappoint shareholders. The company's medium-term revenue decline is concerning, especially compared to the industry's expected 23% growth next year.
![](https://pubimg-10000538.picsh.myqcloud.com/20220509000002859c6d0fc5272.jpg)
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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