Shanghai New Centurion's ROCE trend is concerning, decreasing over the past five years despite reinvestment efforts. With only a 19% return to shareholders in the last three years, it may not be a promising investment for multi-bagger seekers.
With declining returns, the company's reinvestment seems unlikely to become a multi-bagger, despite efforts to reduce liabilities and risks. The fall in ROCE might worry investors seeking high returns on capital employed.
Shanghai New Centurion Network Information Technology Stock Forum
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