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The company's low P/E ratio is due to declining earnings. If...
The company's low P/E ratio is due to declining earnings. If profitability doesn't improve, the P/E could drop further. The potential for earnings improvement doesn't justify a higher P/E. If recent earnings trends persist, the share price may not move significantly soon.
Improved Earnings Required Before Zhubo Design Co., Ltd (SZSE:300564) Stock's 30% Jump Looks Justified
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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