SEHK:895
SEHK:895Commercial Services

Dongjiang Environmental (SEHK:895) Losses Worsen 57.5% Annually, Pressuring Community Turnaround Hopes

Dongjiang Environmental (SEHK:895) remains unprofitable, with losses accelerating at an average rate of 57.5% per year over the last five years. Despite the stock trading at HK$2.46, below both its peer-average Price-To-Sales Ratio of 1.4x and its own estimated fair value of HK$4.34, there has been no improvement in net profit margin, and the company has yet to signal any turnaround in profitability. Investors are left weighing potentially attractive pricing against persistent questions about...