The company's high ROE is encouraging, but the significant d...
The company's high ROE is encouraging, but the significant debt usage to enhance returns is worrisome. A high ROE doesn't always indicate superior financial performance, especially when a company employs high debt levels. The mix of a relatively low ROE and substantial debt usage is not very attractive.
Should We Be Delighted With Qingdao Huicheng Environmental Technology Group Co., Ltd.'s (SZSE:300779) ROE Of 12%?
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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