The company's P/S ratio and momentum may not be sustainable due to weak revenue growth, slower than the industry average. Without significant medium-term performance improvement, the P/S ratio may decline, risking a share price drop.
$PERFECT OPT (08311.HK)$At 11.17 am, September 02, 2021, Yuan Mei Optoelectronics shares appeared abnormal movement, and the stock price rose 16.47% rapidly. As of press time, the unit reported hk $0.290 / share, volume 180,000 shares, turnover rate 0.01%, amplitude 20.48%. In terms of funds, the stock fund inflow of HK $44,670, outflow of HK $0. Recent financial statements show that the unit achieved operating revenue of 231 million Hong Kong dollars, net profit of -3.032 million Hong Kong dollars, earnings per share -0.00 Hong Kong dollars, gross profit of 17.739 million Hong Kong dollars, p/E ratio of -25.49 times. Institutional rating, no institutions on the stock to make "buy, hold, sell" recommendations. The telecommunications-equipment sector in which Yuan Mei optoelectronics shares are based was up 0.09% overall....
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