Shenzhen Jieshun Science and Technology's high P/E ratio is justified by its forecasted growth, outpacing the wider market. Investors see low risk of earnings deterioration, hence a share price drop is unlikely soon.
Shenzhen Jieshun Science and Technology Industry Ltd. likely enjoys a high P/E ratio due to its growth forecast surpassing the broader market. Shareholders' assurance in the company's future earnings indicate a low likelihood of an immediate significant stock price drop.
The declining ROCE and flat capital employment show signs of a mature business facing new competition or smaller margins. Despite these trends, the stock has soared 108%. Without a reversal in these trends, long-term performance might not be promising.
Shenzhen Jieshun Science And Technology Industry Stock Forum
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