T1 Energy, Corning Reach Deal to Build American-Made Solar Panel Supply Chain
In a joint statement on Aug. 15, the companies said they will work together to produce wholly American photovoltaic solar panels, a market currently dominated by Chinese manufacturers.
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Yahoo
2 hours ago
- Yahoo
The Returns On Capital At Megachem (Catalist:5DS) Don't Inspire Confidence
Explore Megachem's Fair Values from the Community and select yours What trends should we look for it we want to identify stocks that can multiply in value over the long term? One common approach is to try and find a company with returns on capital employed (ROCE) that are increasing, in conjunction with a growing amount 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. However, after briefly looking over the numbers, we don't think Megachem (Catalist:5DS) has the makings of a multi-bagger going forward, but let's have a look at why that may be. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. What Is Return On Capital Employed (ROCE)? Just to clarify if you're unsure, ROCE is a metric for evaluating how much pre-tax income (in percentage terms) a company earns on the capital invested in its business. Analysts use this formula to calculate it for Megachem: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.039 = S$2.7m ÷ (S$107m - S$38m) (Based on the trailing twelve months to June 2025). Therefore, Megachem has an ROCE of 3.9%. Even though it's in line with the industry average of 4.1%, it's still a low return by itself. View our latest analysis for Megachem Historical performance is a great place to start when researching a stock so above you can see the gauge for Megachem's ROCE against it's prior returns. If you want to delve into the historical earnings , check out these free graphs detailing revenue and cash flow performance of Megachem. What Can We Tell From Megachem's ROCE Trend? In terms of Megachem's historical ROCE movements, the trend isn't fantastic. Around five years ago the returns on capital were 6.4%, but since then they've fallen to 3.9%. On the other hand, the company has been employing more capital without a corresponding improvement in sales in the last year, which could suggest these investments are longer term plays. It's worth keeping an eye on the company's earnings from here on to see if these investments do end up contributing to the bottom line. The Key Takeaway In summary, Megachem is reinvesting funds back into the business for growth but unfortunately it looks like sales haven't increased much just yet. Although the market must be expecting these trends to improve because the stock has gained 44% over the last five years. But if the trajectory of these underlying trends continue, we think the likelihood of it being a multi-bagger from here isn't high. Since virtually every company faces some risks, it's worth knowing what they are, and we've spotted 4 warning signs for Megachem (of which 2 make us uncomfortable!) that you should know about. While Megachem may not currently earn the highest returns, we've compiled a list of companies that currently earn more than 25% return on equity. Check out this free list here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
New York Post
3 hours ago
- New York Post
Putin tries to woo Trump at Alaska meeting, claims he wouldn't have invaded Ukraine if Biden hadn't been president
Russian President Vladimir Putin — an ex-KGB agent and master manipulator — attempted to woo President Trump on stage, claiming he would not have invaded Ukraine if former President Biden hadn't been in office. 'I'd like to remind you that in 2022, during the last contact with the previous administration, I tried to convince my previous American colleague the situation should not be brought to the point of no return when it would come to hostilities,' Putin said following his meeting with Trump. 'And I said it quite directly back then. Trump and Putin shook hands as they met on the tarmac in Alaska. AFP via Getty Images 'That's is a big mistake today, when President Trump is saying that if he was the president back then, there will be no war — and I'm quite sure that it would indeed be, so I can confirm that.' Trained in strategic communications during his time as a KGB agent for the Soviet Union, Putin is known for attempting to manipulate world leaders with flattery. 'I think that, overall, me and President Trump have built a very good business-like [relationship],' he added. Trump has often said that he believed Putin would not have invaded if he were president in 2022, but he did not appear to take the dictator's bait Friday. AP While he called Putin's nine-minute pre-written speech 'profound,' Trump did not mention his longstanding talking point after the Russian leader's assertion. Instead, Trump subtly reminded Putin that he would not be making any business deals with Russia until the Kremlin ends its three-year war on Ukraine, pointing out the US' leverage. 'We … have some tremendous Russian business representatives here, and I think everybody wants to deal with us. We've become the hottest country anywhere in the world in a very short period of time,' he said. 'We look forward to dealing — we're going to try and get this over with. '… We'll have a good chance when this is over.'
CNBC
4 hours ago
- CNBC
China's booming bubble tea industry faces a test: Is it here to stay or just a fad?
Bubble tea may have started as a playful drink, but it has grown into an industry worth billions. The global bubble tea market size will grow from $2.83 billion in 2025 to $4.78 billion by 2032, according to a report from Fortune Business Insights. This year, three Chinese bubble tea chains — Mixue Group, Guming Holdings and Auntea Jenny — listed in Hong Kong, and raised more than $700 million as investors bet on China's fast-growing consumer market. "This is the right place at the right time," said William Ma, chief investment officer at Grow Investment Group, said in an interview with "CNBC Explains." "A lot of global investors are trying to invest in sectors less sensitive to the U.S. tariffs. So domestic consumption, younger generation consumption, is a more stable or less vulnerable sector," Ma added. Mixue has emerged as the sector's heavyweight, operating more than 46,000 stores worldwide by the end of 2024. That makes it the world's largest food-and-beverage chain by outlet count — ahead of McDonald's, Starbucks and Subway. Its ultra-low pricing and high-volume model lean heavily on franchising. "In 2024, they are growing at around 22% in terms of new store growth," Ma noted. Franchising is central to the bubble tea industry. Most large bubble tea chains don't run the shops themselves. Nearly every outlet is franchised. Parent companies earn from supplying ingredients and equipment, and collecting fees, while franchisees shoulder the costs of rent, labor and utilities. That model fuels rapid growth but comes with trade-offs: maintaining quality and avoiding store cannibalization gets harder as outlets multiply. "The normal payback period for the business owner, for the franchisee, is between 18 to 24 months," said Ma, estimating store closure rates at roughly 20% across the market. But overseas expansion is no guarantee of success. CNBC's China reporter Elaine Yu noted that replicating the domestic formula abroad comes with added challenges. "Supply chains are harder to control, and consumer tastes differ from city to city. That's why brands are adapting to regional flavors and different store formats to win over local customers," Yu said. Market saturation at home, rising costs and intense price wars are also testing the resilience of these brands. Whether they can sustain their valuations will depend on their ability to balance scale with profitability — and prove they can build more than just a fad.
