Youngor Group's earnings growth signals subdued investor outlook. High chance of persistent low P/E due to assumed lackluster future earnings. Share price may remain stagnant if medium-term earnings trends continue.

The share price performance of Youngor Group Ltd has improved in recent times, with a one-year TSR outpacing the five-year TSR. The article views that the improved TSR could indicate that the business itself is getting better over time.

Total Retail Sales of Consumer Goods: December 2022 total retail sales of consumer goods were 405.42 billion yuan, nominal -1.8% YoY (+4.1 pct from previous value), higher than expected, mainly due to the high increase in demand for drugs under the influence of the epidemic in December, as well as benefiting from the Spring Festival + subjective travel intentions to...