Despite poor growth, Zhejiang Jinghua Laser TechnologyLtd trades at a market-comparable P/E, indicating investor hopes for a business turnaround. However, unless medium-term conditions improve, these prices may be unjustified.

Zhejiang Jinghua Laser TechnologyLtd's ROCE trend is concerning, suggesting potential loss of competitive advantage or market share. Despite investor hopes for a reversal, current trends are unfavorable, hinting at better investment opportunities elsewhere.

Despite poor growth, the company trades at a market-comparable P/E, indicating investor hopes for a business turnaround. However, if P/E aligns with recent negative growth, shareholders may be disappointed. The current P/E is considered high due to declining earnings.