Jiangsu Favored Nanotechnology Stock Forum

Jiangsu Favored Nanotechnology's high P/S ratio may be due to investors' expectations of a revenue turnaround. The company's strong revenue outlook is keeping the share price buoyant.

Despite the fall in revenues, the market expects a significant recovery, which probably supports the high P/S ratio. The expectation of revenues more than six times the industry growth keeps shareholders optimistic, providing strong support to the stock prices.