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Zhengzhou Coal Mining Machinery Group's low P/E ratio is due...
Zhengzhou Coal Mining Machinery Group's low P/E ratio is due to its forecasted growth being lower than the wider market. Investors expect limited future growth and are only willing to pay a reduced amount for the stock.
Zhengzhou Coal Mining Machinery Group Company Limited's (SHSE:601717) Low P/E No Reason For Excitement
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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