China National Medicines' reinvestment of capital hasn't sig...

Moomoo AI Nov 30, 2023 18:10

China National Medicines' reinvestment of capital hasn't significantly boosted sales and may take more time to positively impact earnings. Its declining ROCE and high liabilities make it an unlikely multi-bagger, suggesting investors look elsewhere.

China National Medicines (SHSE:600511) Will Be Hoping To Turn Its Returns On Capital Around

Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates. Read more

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