Shanghai Xintonglian Packaging's high P/E ratio, despite str...
Shanghai Xintonglian Packaging's high P/E ratio, despite strong earnings growth, could be worrisome. The market's expected 41% growth surpasses the company's recent rates, indicating investor hopes for a business turnaround, but a P/E fall could lead to disappointment.
Shanghai Xintonglian Packaging Co., Ltd. (SHSE:603022) Shares May Have Slumped 28% But Getting In Cheap Is Still Unlikely
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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