Baoshan Iron & Steel trends are concerning, with declining R...

Moomoo AI Oct 26, 2023 08:14

Baoshan Iron & Steel trends are concerning, with declining ROCE and stagnant sales despite reinvestment for growth. Reduction in liabilities could suggest lowered risk, but likely affects ROCE generation. Market pessimism continues about these trends' short-term improvement.

Baoshan Iron & Steel (SHSE:600019) Might Be Having Difficulty Using Its Capital Effectively

Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates. Read more

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