Ningbo Construction, despite a modest ROE, has demonstrated solid net income growth. Its growth rate surpasses the industry, and it's effectively utilizing its profits. The firm's dedication to profit-sharing with shareholders is commendable.

Ningbo Construction's low P/E ratio is due to its subpar three-year growth. Investors see limited potential for earnings improvement, making a higher P/E ratio unjustifiable. If medium-term earnings trends persist, a significant share price increase seems unlikely.