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Gaona Aero Material's high P/E ratio is due to investors' ex...
Gaona Aero Material's high P/E ratio is due to investors' expectations of strong future growth and a belief that the potential for a deterioration in earnings isn't great enough to justify a lower P/E ratio. These conditions provide strong support to the share price.
Gaona Aero Material Co., Ltd.'s (SZSE:300034) 28% Jump Shows Its Popularity With Investors
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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