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The declining ROCE and revenue despite increased capital dep...
The declining ROCE and revenue despite increased capital deployment could indicate that Guoguang Electric Ltd. Chengdu is losing its competitive advantage or market share. The stock's significant drop over the past year suggests that investors are recognizing these negative changes.
Guoguang ElectricLtd.Chengdu (SHSE:688776) May Have Issues Allocating Its 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.
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