Anhui Ronds Science & Technology's high P/E ratio is likely due to investors' expectations of strong future growth. Despite recent earnings decline, investors don't foresee significant risk of further deterioration.

Despite downgraded estimates, Anhui Ronds Science & Technology's growth is expected to exceed industry average. However, due to severe forecast cuts and dropping price target, investors appear cautious. Warning signs, include concerns about earnings quality, are identified.