SEHK:1515Healthcare
China Resources Medical (SEHK:1515) Stock Price Flat As Earnings Cushion Thins
China Resources Medical Holdings stock closed at HK$2.57 today, leaving the share price almost flat over the past month while the real story sat in the income statement. The headline is margin pressure. Net profit margin on the trailing 12 months is 4.6%, lower than the 5.0% level a year earlier, and earnings over the past year moved in the wrong direction despite five year growth.
So the short term price drift masks a tougher question for you: How much weight should investors give to a P/E...