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Kangda New Materials' low P/S ratio may be due to market exp...
Kangda New Materials' low P/S ratio may be due to market expectations of declining revenue. The company's recent medium-term revenue trends, lower than industry expectations, contribute to its low P/S. Shareholders may accept the low P/S, anticipating continued underperformance in revenue growth.
Revenues Working Against Kangda New Materials (Group) Co., Ltd.'s (SZSE:002669) Share Price Following 26% Dive
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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