Despite the increase in debt, Harbin Dongan Auto Engine Co.,Ltd's net cash position reduces its risk in the near term. However, the company's uninspiring revenue growth and EBIT loss raise concerns about its future performance.
Investors anticipate underperformance from the company with a low P/S ratio, as industry growth is expected to outpace the company's recent rates. The potential for revenue improvement doesn't justify a higher P/S ratio.
Given its below-average P/S ratio and recent revenue slump, investors appear wary of Harbin Dongan Auto EngineLtd's growth potential. Unless medium-term conditions improve significantly, the share price could be hindered.
Harbin Dongan Auto Engine Stock Forum
No comment yet