Despite Zhejiang Dehong's share price drop, its high P/S ratio may be due to market expectations of near-term industry outperformance. However, inconsistent revenue growth and industry underperformance suggest this may not be sustainable without significant medium-term improvements.
Zhejiang Dehong Automotive Electric & Electrical's declining ROCE trend may indicate maturity, dampening its prospects as a potential multi-bagger. The stock's significant climb shows high investor expectations, contrasting with underwhelming long-term trends.
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