Zhejiang Supor's share price drop doesn't align with its EPS growth, hinting at possible past over-hype or disappointing growth. Despite stable revenue and a healthy dividend, the company's total shareholder return was only 8.4% over the past year, including the dividend.

Zhejiang Supor may not yield high returns owing to its mature operations and high liabilities-to-assets ratio. Despite decent returns, shareholders have seen only a 28% return over five years.

Zhejiang Supor's low P/E is due to investors expecting limited growth and not willing to pay a stock premium. The less than ideal earnings outlook contributes to this low P/E, with shareholders accepting this without future surprise expectations.

Despite EPS improvement and a healthy dividend, a falling share price suggests a possible temporary boost or previous over-hype. The unexplained share price drop and positive one-year TSR imply a need for detailed inspection of the company's revenue growth.

Total Retail Sales of Consumer Goods: December 2022 total retail sales of consumer goods were 405.42 billion yuan, nominal -1.8% YoY (+4.1 pct from previous value), higher than expected, mainly due to the high increase in demand for drugs under the influence of the epidemic in December, as well as benefiting from the Spring Festival + subjective travel intentions to...