SEHK:2442Construction
Easy Smart (SEHK:2442) Enters Earnings Season With High Valuation but No Profit or Growth Momentum
Easy Smart Group Holdings (SEHK:2442) enters earnings season as an unprofitable company. Despite this, the stock is trading at a Price-To-Sales Ratio of 3.8x, which is far above the peer average of 0.7x and the broader Hong Kong construction industry’s 0.3x multiple. The lack of recent profitability or expected growth in revenue and earnings sets a cautious tone for investors heading into this...