The company's high P/E ratio is alarming due to its recent earnings drop. Despite this, many investors remain bullish, unwilling to sell their stock. If recent earnings trends persist, shareholders and potential investors could face significant risk and overpayment.
Despite recent share price drop, Jiangsu Huaxin's P/E is still higher than most firms. The market is projected to grow by 42% next year, contrasting with the company's recent earnings decline. Investors may be hoping for a business turnaround, but there's a risk of disappointment if the P/E falls in line with recent negative growth rates.
Jiangsu Huaxin New Material Stock Forum
No comment yet