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Despite Shenglan Technology's poor growth, its high P/E indi...
Despite Shenglan Technology's poor growth, its high P/E indicates investor hopes for a business turnaround. However, a P/E drop in line with negative growth rates could lead to disappointment. The high P/E is concerning given the company's poor earnings.
Some Confidence Is Lacking In Shenglan Technology Co., Ltd. (SZSE:300843) As Shares Slide 25%
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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