Shandong Xinneng Taishan Power Generation Stock Forum

The share price drop aligns with the company's lack of profit and revenue growth. Last year's performance, worse than the annualized 6% loss over the past five years, suggests ongoing challenges. Investors may be banking on future growth or cost reductions.

High P/S ratio may reflect expectations of the company outperforming the industry. However, with its recent poor growth and the industry's predicted 17% growth, these prices may not be sustainable. Unless conditions improve significantly, investors may find the share price unfair.

Shandong Xinneng's 5% gain in five years is underwhelming compared to market growth. The lower performance, driven by prior over-optimism, has incited a sell-off, possibly paving way for long term growth.