The company's balance sheet shows a risky situation with an ...
The company's balance sheet shows a risky situation with an EBIT loss of CN¥52m and significant liabilities against its cash and near-term receivables. Huafon Microfibre (Shanghai)'s debt level is concerning amid dwindling earnings and cash burn.
![](https://pubimg-10000538.picsh.myqcloud.com/20220509000001559ac498760b5.jpg)
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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