09-08-2023, 08:29 AM
Both companies are in the print packaging sector. But when you compare the ROE, MTAG did much better than Tien Wah
Tien Wah is a 45% controlled subsidiary of New Toyo International. It is not exactly an independent operations. Refer to New Toyo International – a fundamental analysis using the moomoo platform
Can this be the reason for the lower returns?
![[Image: Picture1.png]](https://i.postimg.cc/QdSQnCt9/Picture1.png)
Tien Wah is a 45% controlled subsidiary of New Toyo International. It is not exactly an independent operations. Refer to New Toyo International – a fundamental analysis using the moomoo platform
Can this be the reason for the lower returns?