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Shandong Chiway's high P/S ratio is alarming due to its rece...
Shandong Chiway's high P/S ratio is alarming due to its recent poor growth. Investors anticipate a business turnaround, but continued revenue trends could hit the share price. Unless the recent medium-term revenue decline improves, shareholders may face a tough period ahead.
Revenues Not Telling The Story For Shandong Chiway Industry Development Co.,Ltd. (SZSE:002374)
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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