Despite respectable revenue, the P/S hasn't risen, possibly ...
Despite respectable revenue, the P/S hasn't risen, possibly due to expected slowdown in growth. The company's medium-term revenue trends are less attractive compared to the industry's 17% growth forecast. The share price may not be fair unless conditions improve.
Shenzhen Tongyi Industry Co., Ltd.'s (SZSE:300538) 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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