CIG ShangHai's impressive net income growth and higher than ...
CIG ShangHai's impressive net income growth and higher than average industry ROE, despite an initial unattractive ROE, is due to its high reinvestment rate from lack of dividend payments. This could positively impact its share price if growth continues.
Declining Stock and Solid Fundamentals: Is The Market Wrong About CIG ShangHai Co., Ltd. (SHSE:603083)?
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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