Despite a rise in capital and decrease in liabilities, Baowu...

Moomoo AI Dec 18, 2023 20:04

Despite a rise in capital and decrease in liabilities, Baowu Magnesium Technology's ROCE is on a downward trend. However, its shares rose by 184%, signalling misplaced investor optimism amid unimproved underlying factors.

There Are Reasons To Feel Uneasy About Baowu Magnesium Technology's (SZSE:002182) 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. Read more

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