Despite recent share price drop, Jiangsu Huaxin's P/E is sti...
Despite recent share price drop, Jiangsu Huaxin's P/E is still higher than most firms. The market is projected to grow by 42% next year, contrasting with the company's recent earnings decline. Investors may be hoping for a business turnaround, but there's a risk of disappointment if the P/E falls in line with recent negative growth rates.
Jiangsu Huaxin New Material Co.,Ltd. (SZSE:300717) Shares May Have Slumped 29% But Getting In Cheap Is Still Unlikely
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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