MGI Tech's conservative balance sheet could likely eliminate...

Moomoo AI Feb 9, 2024 15:00

MGI Tech's conservative balance sheet could likely eliminate its debt easily. However, future earnings will determine its ability to maintain a healthy balance sheet. The company's revenue shrinkage and pre-interest, pre-tax loss last year is worrisome. The company may need to raise capital again soon.

Is MGI Tech (SHSE:688114) A Risky Investment?

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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