The market was overly optimistic about the business last year. The company's poor long-term performance often erodes market confidence, but bargain hunters might want to investigate for signs of a rebound.
Despite falling earnings, Jiangsu Zhongshe Group's high P/E ratio indicates investor optimism. However, without significant medium-term improvements, the high P/E ratio and declining earnings could further depress the share price. The company's performance and high P/E ratio are deemed unsustainable considering recent earnings trends.
Jiangsu Zhongshe Group Stock Forum
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