SEHK:2720Leisure
Ridge Outdoor International (SEHK:2720) Stock Faces Margin Pressure Under A 47x P E
Ridge Outdoor International’s stock came into this earnings print with a solid recent run, up about 7% over the past month and quarter, and carrying a rich P/E of 47x that already implied high expectations. The headline today is profit strain. First half 2026 basic earnings per share landed at ¥0.19 on revenue of ¥301.1m, and the latest 12 month net margin sat at 9% compared with 10.5% a year earlier. The market now has to decide whether that squeeze justifies paying a multiple well above...