The market may not be too concerned about the EPS figure at the moment, or it may have expected earnings to drop faster. The company's performance last year may indicate unresolved challenges. There are 3 warning signs for Henan Ancai Hi-TechLtd, 2 of which are concerning.
Despite the low ROE, Henan Ancai Hi-TechLtd's impressive earnings growth due to heavy reinvestment into its business is a positive attribute. Analyst forecasts suggest that the company's earnings will continue to expand.
Photovoltaic glass has entered a new round of capacity expansion. In 2018, the policy of photovoltaic rolled glass was tightened, and the new products on the supply side were limited. By 2020, the supply was in short supply, and the price rose sharply. At the end of 2020, the policy was relaxed again, and photovoltaic glass entered a new round of pr...
Henan Ancai Hi-TechCo.,Ltd. Stock Forum
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