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Michael Mauboussin

Why Return On Capital Employed Looks Uninspiring, Shanghai Prime Machinery Company Limited’s (HKG:2345) .

Why Return On Capital Employed Looks Uninspiring, Shanghai Prime Machinery Company Limited’s (HKG:2345) .

October 14, 2019

Today we’ll assess Shanghai Prime Machinery Company Limited (HKG:2345) to decide if it could have potential as a venture thought. In particular, we’ll consider its Return On Capital Employed (ROCE),…

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