Despite Shanghai Welltech Automation's recent drop in price ...
Despite Shanghai Welltech Automation's recent drop in price and receding revenue, its high P/S ratio indicates investor optimism. However, slower-than-industry revenue growth and high P/S ratio pose a risk of further share price decrease.
![](https://pubimg-10000538.picsh.myqcloud.com/202205090000025740ab2b4edeb.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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