Should You Be Impressed By Haitian International Holdings (HKG:1882) Returns on Capital?
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January 01, 2021 There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we ll want to see a proven
return on capital employed (ROCE) that is increasing, and secondly, an expanding
base of capital employed. Basically this means that a company has profitable initiatives that it can continue to reinvest in, which is a trait of a compounding machine. So, when we ran our eye over
Haitian International Holdings (HKG:1882) trend of ROCE, we liked what we saw. Understanding Return On Capital Employed (ROCE)