Zhejiang Tony Electronic Co., Ltd's high P/S ratio may be due to anticipated revenue turnaround. Shareholders' confidence in future revenues supports this high ratio, making a significant share price drop unlikely soon.
The company's debt usage is worrisome due to its EBIT loss and negative free cash flow over the past year. Its strained balance sheet makes the stock a risky investment. Future earnings will determine the health of the company's balance sheet.
Zhejiang Tony Electronic's ability to manage its debt is questioned due to its losses at the EBIT level and significant cash burn over the last year, indicating a high level of risk for its stock.
Zhejiang Tony Electronic Stock Forum
No comment yet