Despite declining revenue, the company's P/S ratio is on par with the industry, suggesting investors may be less bearish. However, continued revenue trends could impact the share price negatively. The current P/S ratio may not sustain positive sentiment given recent performance.
Thelord
:
Thought they just had a reorg a few months ago. Looks like management trying to do fancy stuff rather than focusing on how to improve the business. Market likely going to punish it by dumping very hard
Shanghai Lily&Beauty Cosmetics Stock Forum
The equity of 7 listed companies owned by the original Alibaba.com will be transferred to Hangzhou Haoyue. Such holdings include shares of $YTO Express Group (600233.SH)$ , $RS MACALLINE (01528.HK)$ $Red Star Macalline Group Corporation (601828.SH)$ , $Shanghai Lily&Beauty Cosmetics (605136.SH)$ , $Easyhome New Retail Group Corporation (000785.SZ)$ , ...
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