Investors hope for a business turnaround despite poor growth. However, with challenging medium-term conditions and a high P/E ratio amidst shrinking earnings, these prices seem unreasonable.
Shenzhen Sunshine Laser & Electronics Technology's ROCE trend is concerning as returns are falling despite reinvestment. Investors may be pessimistic about this trend improving, suggesting better investment opportunities elsewhere.
Despite poor earnings, Shenzhen Sunshine Laser & Electronics Technology's P/E still surpasses the market. This high P/E ratio is worrying considering the company's recent slow growth and the market's predicted 42% growth. Unless conditions improve, these prices may be unjustifiable.
Although the share price and EPS have declined, investor confidence is reflected by a P/E ratio of 74.36. Yet, the 2% total return indicates mixed performance, falling short of the 5% average annual return.
Shenzhen Sunshine Laser & Electronics Technology Stock Forum
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