Analysts are more bearish about Shanghai Mechanical & Electrical Industry Co.,Ltd.'s prospects, with a significant cut to revenue estimates and a reduction in their EPS estimates. The company's revenue growth is expected to slow down substantially, compared to a historical growth rate of 2.3% over the past five years.
The analyst has a more pessimistic outlook on Shanghai Mechanical & Electrical Industry Co.,Ltd. after recent results, with a significant decrease in revenue and EPS estimates. The company's revenue growth is projected to lag behind its historical rate and the industry average.
Qinghai Huading Industrial's high P/S ratio may be due to expectations of outperforming the industry. However, with recent revenue decline and predicted industry growth, these prices may not be sustainable. Continuation of revenue trends could weigh on the share price.
Despite INVT Electric's share price rise, its P/E ratio remains low due to a poor earnings outlook. Shareholders accept this, anticipating no future earnings surprises. This may continue to limit the share price.
Guangzhou Guangri Stock Co.,Ltd.'s P/E trails the market despite strong price move, due to shrinking medium-term earnings and market's expectation of higher growth. If these trends persist, share price may remain stable.
Canny Elevator's P/E trails the market due to investor expectations of limited growth and unwillingness to pay more for the stock. These conditions form a barrier for the share price.
Given the company's liabilities and negative EBIT, it's unwise for it to have any debt. The balance sheet is unfit and the company bled CN¥99m in negative free cash flow over the last year, making it a risky investment.
The slower EPS decline compared to the annual share price reduction may have disappointed investors. The divergence between TSR and share price return in Canny Elevator's case is largely explained by dividend payments.
Shanghai STEP Electric's low P/S ratio is due to declining revenue and expectations of this trend continuing. The company's growth lags behind the industry, and the P/S could fall further without top-line growth improvement. Share price is unlikely to significantly move if recent medium-term revenue trends persist.
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