The company's low ROE, despite high debt, is disappointing. ...
The company's low ROE, despite high debt, is disappointing. High debt increases risk and limits future options, hence good returns are expected. High quality businesses usually achieve high ROE without excessive debt.
A Closer Look At Guizhou Gas Group Corporation Ltd.'s (SHSE:600903) Uninspiring ROE
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
Comment
Sign in to post a comment