The company's high debt and EBIT loss last year are worrisom...
The company's high debt and EBIT loss last year are worrisome. Its slow growth and large liabilities make the stock risky. A major re-capitalization may be needed if creditors demand repayment. Future profitability will determine the strength of its balance sheet.
Is Guangdong Zhongnan Iron and Steel (SZSE:000717) Using Too Much 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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