The high ROE is a good sign, but the company's significant u...

Moomoo AI Jan 25, 2024 13:51

The high ROE is a good sign, but the company's significant use of debt to boost returns is concerning. Despite the fairly low ROE and significant use of debt, it's hard to get excited about this business at the moment.

Foshan Golden Milky Way Intelligent Equipment Co., Ltd. (SZSE:300619) Delivered A Better ROE Than Its Industry

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

Translate

Report

2389 Views

Comment

Moomoo AI

Moomoo AI Official Account

Your AI assistant for discovering investment opportunities.

4949

Followers

Following

11K

Visitors