Sinopec's average ROE, impeded by high debt levels, reflects...

Moomoo AI Dec 23, 2023 09:59

Sinopec's average ROE, impeded by high debt levels, reflects poorly on the firm's use of significant debt to amplify profits. A preferable situation would involve a firm achieving high ROE without resorting to debt.

Did Sinopec Oilfield Service Corporation (HKG:1033) Use Debt To Deliver Its ROE Of 7.5%?

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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