Insufficient Growth At Shaanxi Kanghui Pharmaceutical Co., Ltd. (SHSE:603139) Hampers Share Price

Insufficient Growth At Shaanxi Kanghui Pharmaceutical Co., Ltd. (SHSE:603139) Hampers Share Price

With a price-to-sales (or “P/S”) ratio of 1.9x Shaanxi Kanghui Pharmaceutical Co., Ltd. (SHSE:603139) may be sending bullish signals at the moment, given that almost half of all the Pharmaceuticals companies in China have P/S ratios greater than 3.2x and even P/S higher than 7x are not unusual. However, the P/S might be low for a reason and it requires further investigation to determine if it’s justified. See our latest analysis for Shaanxi Kanghui Pharmaceutical SHSE:603139 Price to…
Read More…

Source: https://simplywall.st/stocks/cn/pharmaceuticals-biotech/shse-603139/shaanxi-kanghui-pharmaceutical-shares/news/insufficient-growth-at-shaanxi-kanghui-pharmaceutical-co-ltd