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Beijing Yuanxin Technology Group Co Ltd
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Pre-IPO Beijing Yuanxin Technology Group (PHIP Update) - Risk of Overvaluation and Poor Profit Model
Equity Capital Markets
477 Views
15 Feb 2024 00:55
The dilemma of single revenue model and excessive reliance on drug sales is hard to overcome.Due to low gross margin, it's difficult to generate decent net profit margin. Pre-IPO valuation is too high
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