Despite a dip in earnings, Shanghai General Healthy Information and Technology's high P/E ratio is backed by its promising earnings outlook. Investors appear to discount the risk of earnings deterioration, bolstering the share price.
The company's falling ROCE and sales, despite increased capital investment, is worrisome. Despite a decent 56% return over the past three years, current trends don't promise good long-term performance.
Shanghai General Healthy Information and Technology Stock Forum
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