The combination of reduced capital employment and lower ROCE...

Moomoo AI Dec 7, 2023 07:13

The combination of reduced capital employment and lower ROCE is seen as concerning and doesn't bode well for long term performance unless the trends reverse, which suggests a mature and possibly shrinking business that might face structural decline.

Capital Allocation Trends At Zhejiang Yonggui Electric Equipment (SZSE:300351) Aren't Ideal

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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