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Xiong'an New Power TechnologyLtd may be overvalued due to it...
Xiong'an New Power TechnologyLtd may be overvalued due to its high P/S ratio, unsupported by recent revenue performance. The company's poor growth rate could lead to future disappointment for shareholders if the P/S ratio falls to levels more in line with the recent negative growth rates.
Xiong'an New Power Technology Co.,Ltd.'s (SZSE:300152) Shares Climb 80% But Its Business Is Yet to Catch Up
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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