Zhejiang Jiemei Electronic And Technology's high P/E ratio is backed by its strong earnings outlook. Investors' faith in the company's stable earnings outlook is bolstering the share price.
Given the downtrend of the company's ROCE, it is worrisome that the company is employing more capital than it did five years ago while its returns and sales are falling. This may indicate potential difficulties in the company's financial performance.
Zhejiang Jiemei Electronic And Technology Stock Forum
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