The respectable revenue growth justifies the share price performance. The share price could rise if revenue growth is maintained. However, checking profitability and cash flow is crucial before forming a future view. Recent positive sentiment hints at business momentum.
Market expectations of a revenue decline for Caihong Display DevicesLtd may be keeping the P/S ratio low. If recent medium-term revenue trends persist, a share price reversal seems unlikely. Investors may believe the potential for revenue improvement doesn't justify a higher P/S ratio.
Caihong Display Devices Stock Forum
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