Despite Zhejiang Dehong's share price drop, its high P/S rat...
Despite Zhejiang Dehong's share price drop, its high P/S ratio may be due to market expectations of near-term industry outperformance. However, inconsistent revenue growth and industry underperformance suggest this may not be sustainable without significant medium-term improvements.
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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