ZJMI Environmental Energy's falling ROCE trend despite increased capital deployment is worrying. The company's attempts to reinvest for growth seem futile as sales remain stagnant and market share is lost. The reduction in current liabilities may be making the business less efficient at generating ROCE. Unless there's a positive shift in these metrics, consider other investment opportunities.
The declining ROCE coupled with rising capital investment signals potential loss of competitive edge or market share. A fall in current liabilities could be driving this. The flat stock price over the past year shows investor disquiet.
ZJMI Environmental Energy Stock Forum
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