Fengyuzhu's ROCE is declining due to investments aimed at lo...

Moomoo AI Oct 20, 2023 20:27

Fengyuzhu's ROCE is declining due to investments aimed at long-term growth and a significant reduction in current liabilities; this suggests the company is funding operations with its own funds, impacting ROCE efficiency. The chance of becoming a multi-bagger is skeptical in the light of these trends.

Investors Could Be Concerned With Shanghai Fengyuzhu Culture Technology's (SHSE:603466) Returns On 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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