Decreasing ROCE and increasing capital raises at Zhejiang XC...
Decreasing ROCE and increasing capital raises at Zhejiang XCC Group may signal a less efficient reinvestment in the business. Current trends might make it a doubtful multi-bagger. The recent capital increase and potential delay in utilizing the new funds add uncertainty.
![](https://pubimg-10000538.picsh.myqcloud.com/20220509000002547e7fe5468bd.jpg)
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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