The company's lower P/E ratio reflects its poor earnings outlook. Shareholders accept this as they anticipate no future earnings surprises. These conditions form a barrier for the share price at these levels.
Guangzhou Restaurant Group's financial performance is promising, with a good ROE and moderate net income growth. The company's efficient reinvestment of profits has led to substantial earnings growth. Forecasts indicate accelerated future earnings.
The falling ROCE at Guangzhou Restaurant Group along with lack of significant sales growth despite higher capital use, may justify the mediocre stock performance over the years. Better multi-bagger prospects might be found elsewhere.
Total Retail Sales of Consumer Goods: December 2022 total retail sales of consumer goods were 405.42 billion yuan, nominal -1.8% YoY (+4.1 pct from previous value), higher than expected, mainly due to the high increase in demand for drugs under the influence of the epidemic in December, as well as benefiting from the Spring Festival + subjective travel intentions to...
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What should I do if I can't operate here at the opening of the domestic market
Guangzhou Restaurant Group Stock Forum
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