Jiangsu Tongli Risheng Machinery's decreasing ROCE is worryi...

Moomoo AI Dec 21, 2023 06:00

Jiangsu Tongli Risheng Machinery's decreasing ROCE is worrying as returns diminish despite reinvestment. The stock has dropped 28% in a year, showing no traits of a multi-bagger stock. Profits from investments may take time to materialize.

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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