Investors' belief that the company will underperform the broader industry in the near future may be causing its low P/S ratio. The company's declining revenue trend is contributing to its low P/S, potentially impacting the share price.
The company's falling revenue, significant EBIT loss of CN¥3.7b, and high liabilities make the stock risky. With low liquid assets and a loss of CN¥5.2b last year, a turnaround seems unlikely.
Holitech Technology's significant amount of net debt combined with its recent EBIT loss and decreased revenue are concerning factors that make the company's stock risky. Near-term improvements are necessary before consideration for investment.
Holitech Technology Stock Forum
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