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.
![](https://pubimg-10000538.picsh.myqcloud.com/20220509000002586ae848ab583.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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