The trend of ROCE for Wuxi Chipown Micro-electronics is not promising as it has been decreasing. The company has been reinvesting in the business, but returns have been falling. Investors seem skeptical about the trends improving.
Based on its falling ROCE and increase in capital employed, even with capital raising activities, Wuxi Chipown Micro-electronics does not demonstrate features of a potential multi-bagger. Market trends do not reflect high hopes for the company's performance to strengthen soon.
Wuxi Chipown Micro-electronics Stock Forum
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