Despite a superior earnings outlook, the company's low P/E ratio doesn't reflect this positivity, hinting at potential unseen threats to earnings. Investors anticipate future earnings could be volatile, despite low share price risks.

China Conch Environment Protection Holdings' decreasing ROCE trend is concerning. The 58% stock fall in the last year shows investor skepticism. The company's reinvestment has not yielded increasing returns, unusual for multi-baggers.