The company's lack of profitability and declining revenue make it a risky investment. Its performance last year indicates unresolved challenges, worse than the annualised loss of 9% over the last half decade. Long term share price weakness can be a bad sign, suggesting a need for a turnaround.
Despite recent revenue decline, the company's P/S ratio aligns with most firms, potentially disappointing shareholders if it falls in line with negative growth rates. The company's medium-term shrinking revenues haven't impacted the P/S as expected, considering industry growth.
The stock's gain is interesting despite the company's revenue shrinkage, hinting that there may not be a strong correlation between past revenue performance and share price. A more detailed exploration into earnings and future forecasts would be insightful.
SuZhou ChunXing Precision Mechanical Stock Forum
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