Despite poor revenue, the company's P/S ratio is on par with industry peers, indicating investor interest. However, this could lead to future disappointment if the P/S aligns with recent growth rates. The current share price may not reflect fair value considering recent medium-term conditions.

Hangzhou Zhongheng Electric's market perception has turned negative, likely due to its significant EPS drop and overall loss-making position. Despite a 14% loss over the past year, less severe than the market's 20% loss, the long-term trend shows worsening returns.