Xiamen Changelight Stock Forum

Despite Xiamen Changelight's share price surge, its P/S ratio remains low due to investor concerns about underperforming revenue growth. The company's recent medium-term revenue trends, falling short of industry expectations, contribute to its low P/S ratio. Shareholders accept this, conceding future revenue may not surprise positively.

The low P/S ratio may point to an expected decline in the company's future revenue performance, and lower recent medium-term revenue trends might explain its lower P/S ratio. The prospects for revenue improvement aren't strong enough to justify a higher P/S ratio.

The company's sustained EBIT loss of CN¥159m and trailing twelve-month loss of CN¥116m suggest high risk given its debt. Revenue growth seems promising, but turning losses into profit is crucial for debt handling confidence.

Despite Xiamen Changelight's losses, its strong revenue growth could drive share prices up. It's suggested for investors to further explore this growth as potential investment opportunity.