Despite reinvestment, the diminishing ROCE at Jiangsu Tongli...

Moomoo AI Dec 21, 2023 20:02

Despite reinvestment, the diminishing ROCE at Jiangsu Tongli Risheng Machinery is concerning. Their stock has fallen 28% in the last year. Signifying the company's lack of multi-bagger traits, and time needed for change in earnings.

Returns On Capital Signal Tricky Times Ahead For Jiangsu Tongli Risheng Machinery (SHSE:605286)

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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