Guangzhou Friendship: slow growth targeting high-end performance with low valuations

Guangzhou Friendship (000 987) targeting high-end, but the market is not only given its valuation is not high, but in the entire section in department stores at a low level. Wind data, October 28, the company's dynamic price-earnings ratio of 19.93 times lower than the same period in the valuation of many peers. The same day, shares closed at 19.78 yuan, ...Guangzhou Friendship: slow growth targeting high-end performance with low valuations