Zhejiang Taihua New MaterialLtd's ROCE is showing a declinin...

Moomoo AI Oct 24, 2023 08:01

Zhejiang Taihua New MaterialLtd's ROCE is showing a declining trend, lowering the chances of the stock being a big earner moving forward despite a 48% rise in the past five years. The future earnings largely depend on the impact of these long-term investments.

Zhejiang Taihua New MaterialLtd (SHSE:603055) Is Reinvesting At Lower Rates Of Return

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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