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Despite Shanghai ZJ Bio-Tech's poor revenue, its P/S ratio a...

Despite Shanghai ZJ Bio-Tech's poor revenue, its P/S ratio aligns with the industry, indicating investors might be ignoring recent negative growth and hoping for a business turnaround. However, if medium-term revenue trends persist, this could risk shareholders' investments and potential investors might pay an unnecessary premium.
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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