Despite Xiamen Changelight's share price surge, its P/S rati...
Despite Xiamen Changelight's share price surge, its P/S ratio remains low due to investor concerns about underperforming revenue growth. The company's recent medium-term revenue trends, falling short of industry expectations, contribute to its low P/S ratio. Shareholders accept this, conceding future revenue may not surprise positively.
There's No Escaping Xiamen Changelight Co., Ltd.'s (SZSE:300102) Muted Revenues Despite A 29% Share Price Rise
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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