A low ROE combined with significant debt use is unappealing....

A low ROE combined with significant debt use is unappealing. High quality businesses can achieve high ROE without debt. Between two companies with same ROE, the less indebted is preferred.

Zhejiang Huayou Cobalt Co., Ltd (SHSE:603799) Delivered A Better ROE Than Its Industry

Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates. Read more

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