The decline in Guoguang Electric Ltd. Chengdu's ROCE despite...

Moomoo AI Nov 23, 2023 09:28

The decline in Guoguang Electric Ltd. Chengdu's ROCE despite increased capital employed raises concerns about its future profitability and competitive positioning. This has reflected on its stock price, which has plummeted 35% over the past year.

Capital Allocation Trends At Guoguang ElectricLtd.Chengdu (SHSE:688776) 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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