Despite Shenzhen Yanmade Technology's earnings drop, its hig...
Despite Shenzhen Yanmade Technology's earnings drop, its high P/E ratio indicates high investor expectations. However, with recent performance and expected 42% market growth, the sustainability of these prices is questionable. The high P/E ratio may decline unless medium-term conditions improve significantly.
Shenzhen Yanmade Technology Inc. (SHSE:688312) Shares May Have Slumped 28% But Getting In Cheap Is Still Unlikely
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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