Qingdao Vland Biotech INC.’s (SHSE:603739) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?

Qingdao Vland Biotech INC.’s (SHSE:603739) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?

Qingdao Vland Biotech’s (SHSE:603739) stock is up by a considerable 21% over the past month. However, we decided to pay attention to the company’s fundamentals which don’t appear to give a clear sign about the company’s financial health. Particularly, we will be paying attention to Qingdao Vland Biotech’s ROE today. Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors’ money. In other words, it is a profitability ratio…
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Source: https://simplywall.st/stocks/cn/pharmaceuticals-biotech/shse-603739/qingdao-vland-biotech-shares/news/qingdao-vland-biotech-incs-shse603739-stock-is-rallying-but