The company's liabilities significantly overshadows its cash...

Moomoo AI Nov 9, 2023 09:29

The company's liabilities significantly overshadows its cash and short-term receivables, indicating a potential need for a significant recapitalization if creditors were to demand repayment. The lack of profitability, significant EBIT loss and sizeable liabilities make Fosun International a risky investment.

Is Fosun International (HKG:656) Using Debt Sensibly?

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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