The company's balance sheet shows a risky situation with an ...

Moomoo AI Dec 10, 2023 23:20

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.

Here's Why Huafon Microfibre (Shanghai) (SZSE:300180) 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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