Novoray's declining ROCE trend doesn't inspire confidence fo...
Novoray's declining ROCE trend doesn't inspire confidence for the stock's future prospect. Although this may be tied to reinvestment efforts for long-term growth, the continued return shrinkage raises concerns.
Some Investors May Be Worried About Novoray's (SHSE:688300) Returns On Capital
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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