Despite a rise in debt, Keshun Waterproof Technologies Co.,L...

Despite a rise in debt, Keshun Waterproof Technologies Co.,Ltd. retains a conservative balance sheet and can likely clear its debt. However, its EBIT loss over last year is worrisome with future profitability determining the balance sheet's strength. It is crucial for the company to demonstrate positive free cash flow to inspire confidence. External balance sheet risks also need consideration.