Despite a recent share price bounce, the company's high P/S ratio and declining revenue may be worrisome. The industry's expected 25% growth contrasts with the company's performance. Investors may hope for a turnaround, but there's a risk of disappointment if the P/S aligns with recent negative growth rates.

Fujian Superpipe's high P/S ratio is alarming considering its recent revenue drop. This trend could pose a substantial risk to shareholders and potential investors. The current positive sentiment towards the stock may not be sustainable.