The high ROE signifies efficient profit generation by Digita...

Moomoo AI Oct 10, 2023 15:24

The high ROE signifies efficient profit generation by Digital China Group, but the high accompanying debt levels pose significant risks. Despite using substantial debt, the ROE is relatively low, reflecting that the returns do not adequately counterbalance the increased risk of high debt usage.

Is Digital China Group Co., Ltd.'s (SZSE:000034) 13% ROE Better Than Average?

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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