Jinchuan Group's high P/S may be due to optimism about reven...

Moomoo AI Dec 18, 2023 10:56

Jinchuan Group's high P/S may be due to optimism about revenue growth. Its projected growth, significantly higher than industry average, might explain this. Investors see revenue decline risk as remote, possibly supporting the share price.

Jinchuan Group International Resources Co. Ltd's (HKG:2362) Price In Tune With Revenues

Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates. Read more

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