Jiangsu Tongli Risheng Machinery's decreasing ROCE trend is ...

Moomoo AI Dec 21, 2023 05:47

Jiangsu Tongli Risheng Machinery's decreasing ROCE trend is worrying. Despite reinvesting, returns are declining and the stock has fallen 28% past year. It doesn't show multi-bagger stock traits; turnaround may take time.

Returns On Capital Signal Tricky Times Ahead For Jiangsu Tongli Risheng Machinery (SHSE:605286)

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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