Despite an EBIT loss and revenue drop, the company's balance sheet appears secure due to CN¥297.2m net cash. However, the negative free cash outflow and accounting loss over the last year are concerning.
Despite Gosuncn Technology Group's declining revenue and lower-than-industry growth forecast, its P/S ratio remains at par with industry peers, indicating less bearish investor sentiment. However, the weaker revenue outlook could potentially impact share prices.
Gosuncn Technology Group's lower P/S ratio and revenue understatement hint at shareholder doubts over reliability of growth forecasts. This may cause perceived instability in future revenue, thus potential stock price volatility.
Gosuncn Technology Group Stock Forum
No comment yet