Ningbo Tianlong Electronics' high P/E ratio is alarming considering its limited recent growth. Investors' hopes for a business turnaround may lead to disappointment if the P/E aligns with recent growth rates. Continuation of medium-term earnings trends could risk shareholders' investments and potential investors might be paying an excessive premium.

Despite poor growth, the company trades at a high P/S, suggesting investors hope for a business turnaround. However, if P/S aligns with negative growth rates, it could disappoint shareholders. The stock's current value may deter prospective investors if medium-term revenue trends continue.

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...