Strains are seen on the firm's balance sheet. Liabilities su...

Moomoo AI Nov 18, 2023 07:14

Strains are seen on the firm's balance sheet. Liabilities surpass its cash and short term receivables by CN¥433.1m. Concerns raised over its high debt use due to its historical unprofitability and cash burn.

Here's Why Invengo Information TechnologyLtd (SZSE:002161) Can Afford Some Debt

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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