The company's balance sheet is deemed unfit due to its debt ...
The company's balance sheet is deemed unfit due to its debt and liabilities compared to cash. The EBIT loss and negative free cash flow of CN¥32m over the last year increase the stock's risk. However, its market capitalization of CN¥4.03b could potentially allow it to bolster its balance sheet by raising capital if necessary.
Would Ningbo PIA Automation Holding (SHSE:688306) Be Better Off With Less 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.
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