Despite reinvestment efforts, the company continues to generate low returns. Over the past year, shareholder returns have remained flat, suggesting Shenzhen Phoenix Telecom TechnologyLtd may not be a multi-bagger.
Despite seeming low, Shenzhen Phoenix Telecom's ROE outdoes the industry average. Impressive net income growth could be due to wider industry growth or the firm's low payout ratio. Its reinvestment approach suggests a promising future performance, consistent with analyst forecasts.
Shenzhen Phoenix Telecom Technology Stock Forum
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