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Moomoo AI Jan 24, 2024 14:21

Despite high ROE, the heavy reliance on debt dampens enthusi...

Despite high ROE, the heavy reliance on debt dampens enthusiasm for this business. Investors should ponder the company's potential performance if borrowing wasn't so easy, as credit markets fluctuate.
Is Wetown Electric Group Co., Ltd.'s (SHSE:688226) ROE Of 11% Impressive?
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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