Xiangtan Electric Manufacturing's surprising net income grow...

Moomoo AI Oct 11, 2023 12:42

Xiangtan Electric Manufacturing's surprising net income growth, despite a lower ROE, might be due to good management decisions and a low payout ratio. Its policy of reinvesting all profits into the business may also contribute to its high earnings growth.

Xiangtan Electric Manufacturing Co. Ltd.'s (SHSE:600416) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?

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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