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Penyao Environmental Protection's low P/E ratio is due to it...
Penyao Environmental Protection's low P/E ratio is due to its declining medium-term earnings. Shareholders accept this, foreseeing no pleasant surprises in future earnings. If profitability doesn't improve, the P/E may drop further, possibly disappointing shareholders.
Penyao Environmental Protection Co., Ltd.'s (SZSE:300664) Prospects Need A Boost To Lift Shares
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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