The declining ROCE and increasing capital employed by North ...

Moomoo AI Feb 27, 2024 12:46

The declining ROCE and increasing capital employed by North Industries Group Red Arrow are concerning. The company may be losing its competitive advantage or market share. Despite the strong stock performance, the fundamentals do not inspire confidence.

Be Wary Of North Industries Group Red Arrow (SZSE:000519) And Its 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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