WuXi Xinje Electric Co.,Ltd.'s low P/E ratio is likely due to investors' belief in the company's poor earnings outlook. Unless conditions improve, this will continue to form a barrier for the share price.
Despite the declining ROCE, the stock price has seen an impressive 61% growth over the last five years. However, if the current trends continue, it is doubtful if the company will be a future multi-bagger.
Wuxi Xinje Electric Stock Forum
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