The company's low ROE and stagnant earnings growth may be due to ineffective profit reinvestment. The low return rate and high profit retention could be impeding its earnings growth.

Short-term ROCE decline is overshadowed by growth signals promising potential long-term stock performance. Investments, increasing sales and a 59% stock return over five years suggest a positive outlook with ongoing growth trends.

Market may not judge Union OptechLtd on dropping EPS. It's 8.5% growth in annual revenue suggests company growth, despite their falling EPS. In light of a 56% TSR in the past five years, partly from dividends, the sentiment seems positive.

Despite retaining most profits, the company's below-average ROE may not bring anticipated benefits to investors, given its slow earnings growth. Dividend payments remain a management priority, seemingly irrespective of business expansion.

Union OptechLtd's declining ROCE trend is negative, despite encouraging reinvestment in its business. With downward returns and just 23% stock return over five years, investors aiming for a multi-bagger might look elsewhere.