Despite the company's inferior earnings outlook, its P/E ratio remains stable. However, the predicted future earnings may not support a more positive sentiment for long. Unless conditions improve, these prices may seem unreasonable.
ROCE trend doesn't inspire confidence, however, increased investments for growth might offer future returns. Despite no improved returns and a 30% stock drop over last year, growth trends look promising.
Guizhou Zhenhua Fengguang Semiconductor Stock Forum
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