Renxin New Material Ltd's financial position appears weak du...

Moomoo AI Oct 31, 2023 17:40

Renxin New Material Ltd's financial position appears weak due to poor profit to free cash flow conversion, increased accrual ratio and declining earnings per share. Analysts urge scrutiny of statutory profits and highlight four warning signs for investors.

Weak Statutory Earnings May Not Tell The Whole Story For Renxin New MaterialLtd (SZSE:301395)

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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