Despite Shenglan Technology's poor growth, it trades at a hi...
Despite Shenglan Technology's poor growth, it trades at a high P/E. Investors may hope for a business turnaround, but if P/E aligns with negative growth rates, shareholders could be disappointed. High P/E and declining earnings make current prices seem unreasonable unless conditions improve.
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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