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Despite Jiangsu Lidao New Materials' falling price and earni...

Despite Jiangsu Lidao New Materials' falling price and earnings, its high P/E ratio suggests investor optimism. However, with recent earnings decline and expected market growth of 42%, the high P/E ratio is concerning and current prices may not be sustainable.
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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