Science & Technology

Channels: Science & Technology | Financial Markets | Artificial Intelligence | Blockchain


Is Wuxi Sunlit Science and Technology Company Limited (HKG:1289) Investing Your Capital Efficiently?

[2019.12.03, Tue 01:03] Today we'll look at Wuxi Sunlit Science and Technology Company Limited and reflect on its potential as an investment. Wuxi Sunlit Science and Technology has an ROCE of 0.2%. View our latest analysis for Wuxi Sunlit Science and Technology. Does Wuxi Sunlit Science and Technology Have A Good ROCE?When making comparisons between similar businesses, investors may find ROCE useful. We can see Wuxi Sunlit Science and Technology's ROCE is meaningfully below the Machinery industry average of 11%. This performance is not ideal, as it suggests the company may not be deploying its capital as effectively as some competitors. Regardless of how Wuxi Sunlit Science and Technology stacks up against its industry, its ROCE in absolute terms is quite low. Wuxi Sunlit Science and Technology reported an ROCE of 0.2% - better than 3 years ago, when the company didn't make a profit. The ROCE equation subtracts current liabilities from capital employed, so a company with a lot of current liabilities appears to have less capital employed, and a higher ROCE than otherwise.
Read on YAHOO! >   Google the news >>

<< Back


(c) 2019 Geo Glance