Despite poor performance and low revenue growth forecast, the company's P/S ratio aligns with industry peers, indicating investors' reluctance to sell. However, this could risk investments as potential investors may pay an unnecessary premium.

Investors hope for improvement in the company's poor revenue performance, despite its moderate P/S ratio. Lower growth expectations may disappoint investors if the P/S ratio aligns with the growth outlook. The weaker revenue outlook could risk a share price decline.

The market fears delayed profits due to the company's revenue growth and lack of profitability. Last year's performance, worse than the annualized loss of 13% over the last half decade, may indicate unresolved challenges. Long term share price weakness could be a bad sign, but contrarian investors might see a potential turnaround.

Last year's share price drop shows progress from the annual 11% loss over five years, suggesting a need for continued key metric improvements. However, investors are cautioned about current warning signs for Tongdao Liepin Group.

1. 22Q4 revenue is affected by macro headwinds, and the optimistic 23Q1 performance guidance is mainly driven by economic recovery
KANZHUN's 22Q4 revenue was 1.0823 billion yuan, a slight decline of less than 1% year-on-year. The revenue in 2022 will be 4.511 billion yuan, YoY+5.9%, slightly exceeding market expectations, reflecting that the company still maintains a certain degree of competitivene...