CN Stock MarketDetailed Quotes

300512 Hangzhou Zhongya Machinery

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8.55
+0.13+1.54%

Market Closed Mar 18 15:00 CST

3.49BMarket Cap190.00P/E (TTM)

Hangzhou Zhongya Machinery Stock Forum

Moomoo AI

Feb 1, 2024 08:14

Despite a share price drop, Hangzhou Zhongya Machinery's P/E is still high. The high P/E ratio is worrying as the company's recent three-year growth is lower than market forecast. This could put shareholders' investments at risk and potential investors may pay an excessive premium.