Guangdong Electric Power Development Stock Forum

The low ROE and high debt to equity ratio could impact the company's profitability and shareholder returns. However, a lower ROE company could still improve returns through leverage, if existing debt levels are low.

Given the company's slower expected growth, it seems investors are unwilling to pay a higher price, leading to a reduced P/S ratio. Unless future revenue prospects improve, the stock price is unlikely to rise significantly in the near future.