Shanghai STEP Electric Corporation Stock Forum

Shanghai STEP Electric's low P/S ratio is due to declining revenue and expectations of this trend continuing. The company's growth lags behind the industry, and the P/S could fall further without top-line growth improvement. Share price is unlikely to significantly move if recent medium-term revenue trends persist.

The company's balance sheet is strained due to high debt and last year's loss, making the stock risky. Balance sheet strength may change over time.