Kingsignal Technology's low P/S ratio may reflect poor financial performance and declining revenue. The market may doubt its ability to keep pace with the industry. Despite a share price surge, the P/S remains below industry median, suggesting stable share price if medium-term revenue trends continue.
The company's poor long-term track record and the decline in EPS could be contributing to the falling share price. A substantial improvement in the company's fundamental performance may be required to reverse this trend.
The company's debt level is worrisome due to its negative earnings and dwindling revenue. Compounding the precarious situation is the loss of CN¥106m of cash over the last year. An analysis of the balance sheet positions it as a risky investment.
Kingsignal Technology Stock Forum
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