Investors expect limited future growth, contributing to the company's low P/S ratio. The inferior revenue outlook forms a barrier for the share price.

Despite a recent uptick, the company's long-term performance disappoints with a 28% drop in share price over five years. Its 6.5% annual revenue growth over the same period falls short of market expectations, signaling potential risks for investors.

Jointo Energy Investment Hebei's falling ROCE trend is discouraging. The company's long-term growth reinvestment strategy hasn't improved earnings yet, making it possibly unsuitable for high return-seeking investors.