Despite a high ROE, the mix of low ROE and significant debt ...

Moomoo AI Oct 18, 2023 21:02

Despite a high ROE, the mix of low ROE and significant debt use is not attractive. High debt levels imply greater risk and thus, better returns are expected from the company.

Should You Be Excited About China Southern Power Grid Energy Efficiency & Clean Energy Co., Ltd.'s (SZSE:003035) 8.3% Return On Equity?

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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