Investors expect the company to outperform the industry, hen...
Investors expect the company to outperform the industry, hence the high P/S ratio. However, due to recent revenue decline, sentiment may sour, aligning P/S with negative growth rates. Unless recent medium-term circumstances improve, shareholders may face a difficult period.
AA Industrial Belting (Shanghai) Co.,Ltd's (SHSE:603580) 29% Share Price Plunge Could Signal Some Risk
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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