NanJing Pharmaceutical's return on equity level is worrisome...

Moomoo AI Oct 21, 2023 08:11

NanJing Pharmaceutical's return on equity level is worrisome given its significantly utilized debt. Usually, a high ROE firm without debt is seen as superior. Between two firms with analogous debt-to-equity, the preference is for the higher ROE.

What NanJing Pharmaceutical Company Limited's (SHSE:600713) ROE Can Tell Us

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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