Haima AutomobileLtd's high P/S ratio, despite solid revenue, may be worrisome. Slower revenue growth and high P/S ratio suggest a risk of share price drop. Without medium-term performance improvement, P/S ratio may decline to a more reasonable level.

Haima Automobile's momentum is weaker than the industry despite recent revenue growth. Investors are bullish, reflected in a higher P/S ratio, but share price may decline if the ratio aligns with growth rates. Without medium-term performance improvement, maintaining the P/S ratio will be challenging.

Haima Automobile faces risks due to its lack of profitability at EBIT level and recent EBIT loss. Further capital raising might be imminent given its limited cash reserves, despite its net cash status.