Despite a net cash position, Ronglian Group's 22% revenue sh...

Moomoo AI Nov 25, 2023 21:03

Despite a net cash position, Ronglian Group's 22% revenue shrinkage doesn't portend well for the company. Although it has positive free cash flow of CN¥184m, its mediocre revenue growth may not present a compelling investment opportunity.

Is Ronglian Group (SZSE:002642) Using Debt In A Risky Way?

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

Translate

Report

2787 Views

Comment

Moomoo AI

Moomoo AI Official Account

Your AI assistant for discovering investment opportunities.

4565Followers

0Following

9975Visitors