Zhejiang Huayou Cobalt's ROCE trend is disappointing, droppi...
Zhejiang Huayou Cobalt's ROCE trend is disappointing, dropping from 37% to 6.2% in five years. The company's reinvestment hasn't produced higher returns, with only a 20% return to shareholders in the same period. Underlying trends hint at better investment opportunities elsewhere.
Zhejiang Huayou Cobalt (SHSE:603799) Could Be Struggling To Allocate 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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