Despite strong earnings, the company's low P/E ratio indicates investor skepticism about future growth. The share price is unlikely to rise significantly due to lower forecasted growth than the wider market.
The company's consistent ROCE and increased capital deployment do not inspire confidence in its potential as a multi-bagger. The modest stock returns over the past five years suggest that investors may be aware of these trends.
Jiangsu Zhongtian Technology's stagnant ROCE despite increased capital investment is concerning. Despite market optimism indicated by stock gains, current trends might diminish its multi-bagger potential.
$Jiangsu Zhongtian Technology (600522.SH)$Steady growth of revenue, one-time withdrawal away from the burden of tramping thunder, photovoltaic sea cable wind power storage copper foil ULTRA-high voltage smart grid and so on are hot tuyere track!! Nothing to say, ride the east wind to surf!!
No matter how much money is withdrawn, it won't affect next year's $3 billion profit, and it won't affect the tenfold growth in 5g base station storage in two years. So the report tells us that although our asset impairment provision, but our profit is great. And the valuation is also very low, the industry is involved in the sunrise industry, we are not afraid.$Jiangsu Zhongtian Technology (600522.SH)$
Jiangsu Zhongtian Technology Stock Forum
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