Despite poor financial performance and declining revenue, the company's high P/S ratio indicates investor optimism. However, if recent revenue trends persist, the stock's current value may be hard to accept.

Zhejiang Jindun Fans' declining ROCE and capital employed raise concerns about potential competitive headwinds or moat erosion. The increase in current liabilities could introduce new risk elements. Long-term shareholders have seen a 16% depreciation in their investment over the last five years, suggesting the market may not favor these trends.