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SINOMACH HEAVY EQUIPMENT's high P/E ratio is worrisome due t...

SINOMACH HEAVY EQUIPMENT's high P/E ratio is worrisome due to its recent medium-term earnings drop. Investors may face disappointment if the P/E aligns with the negative growth rates. The current share price may be unreasonable unless conditions significantly improve.
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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