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002890 Shandong Hongyu Precision Machinery

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10.36
+0.22+2.17%

Market Closed Jan 24 15:00 CST

1.76BMarket Cap89.31P/E (TTM)

Shandong Hongyu Precision Machinery Stock Forum

Moomoo AI

Feb 1, 2024 17:11

Despite a major share price drop, Shandong Hongyu Precision Machinery's P/E remains high. Investors overlook limited recent growth, hoping for a business turnaround. If P/E aligns with growth rates, shareholders may face disappointment. Weak earnings and slow market growth suggest further share price decline risk.