Despite CGN Power's higher-than-average ROE, its heavy relia...
Despite CGN Power's higher-than-average ROE, its heavy reliance on debt raises concerns. A high ROE doesn't always indicate profitability. Currently, the company's quality appears less appealing due to its lower ROE and significant debt dependence.
Should You Be Excited About CGN Power Co., Ltd.'s (HKG:1816) 11% 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.
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