Thursday, October 18, 2018 3:32:00 PM
Then they did a major revamp of their business and created a turnaround story of much lower revenues but very impressive positive earnings / EPS.
Now they've gone back in the other direction, toward higher revenues but profits have gone way down... even posting some EPS figures in the red over some qtrs in the past 12 months.
So the "price to sales" figures don't mean much.
It will be impressive EPS figures that bring buyers back to SINO.
I must say, though, that the price to book figure of 0.50 that you cite is a very healthy one, and, as you noted, far far undervalued compared to the industry avg of 4.87.
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