Decreasing ROCE and increasing capital raises at Zhejiang XC...

Moomoo AI Dec 15, 2023 17:32

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.

Zhejiang XCC GroupLtd (SHSE:603667) Will Be Hoping To Turn Its Returns On Capital Around

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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