ZHEJIANG DIBAY ELECTRIC CO.,Ltd.'s high P/E ratio may not be justified due to declining earnings. Investors holding onto their stock could face risk if earnings trends persist. The high P/E ratio and declining earnings make it a risky investment.

The trend in ZHEJIANG DIBAY ELECTRIC Ltd's ROCE is concerning. The company's returns are diminishing despite increasing amounts of capital employed. If this trend continues, better investment opportunities may be found elsewhere.