Ningbo Changhong Polymer's high P/S ratio may be due to market expectations of outperformance. However, slower revenue growth poses a risk of share price decline if the P/S ratio aligns with recent growth rates. Without significant medium-term performance improvement, maintaining the current P/S ratio will be challenging.
Ningbo Changhong's diminishing ROCE, hinting at potential market share loss despite reinvestment attempts, is worrisome. Investors should be wary, as deteriorating metrics and falling stock prices suggest a negative path.
Ningbo Changhong Polymer Scientific and Technical Inc. Stock Forum
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