Falling ROCE and increased capital employment at Dongguan Ao...

Moomoo AI Oct 10, 2023 19:25

Falling ROCE and increased capital employment at Dongguan Aohai Technology are alarming as they don't suggest a 'multi-bagger' stock. Despite reinvestment, sales have not grown significantly. The stock has dropped by 47% in the past three years, indicating market skepticism.

Dongguan Aohai Technology (SZSE:002993) Could Be Struggling To Allocate Capital

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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