The company's low ROE, despite high debt, is worrying. High-...
The company's low ROE, despite high debt, is worrying. High-quality firms usually have high ROEs and low debt. If two firms have similar debt to equity ratios, the one with a higher ROE is generally better. However, ROE is just part of a bigger picture, as high-quality businesses often trade on high multiples of earnings.
Can Zhuhai Huafa Properties Co.,Ltd (SHSE:600325) Improve Its Returns?
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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