The company's shift into profitability and increased capital utilization suggest profitable reinvestment opportunities. Despite the low ROCE compared to the industry average, the company's recent trends could lead to significant returns if they continue.

Shanghai Aohua Photoelectricity Endoscope's high P/S ratio is likely due to investor expectations of continued strong revenue performance. The potential for a decrease in revenues is considered remote, keeping the share price buoyant.

Shanghai Aohua Photoelectricity Endoscope's shift to profitability and increased capital use indicates potential for significant stock performance if it upholds its profitable and efficient reinvestment strategies.