Triangle Tyre Co.,Ltd's low P/E ratio is due to expected poo...
Triangle Tyre Co.,Ltd's low P/E ratio is due to expected poor growth and declining earnings. Shareholders accept this as they foresee no future earnings surprises. Without improvement, the share price may stay at current levels.
Improved Earnings Required Before Triangle Tyre Co.,Ltd (SHSE:601163) Stock's 29% 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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