Weak Cash FlowPersistent negative operating and free cash flows constrain the company's ability to internally fund capital expenditure, repay debt, or scale renewables. Continued cash deficits increase reliance on external financing and raise execution risk for multi‑year projects and strategic plans.
Thin Gross MarginsA very low gross margin signals limited pricing power or high production costs in core operations, leaving little buffer against input cost inflation. Even with revenue gains, thin gross margins make sustainable profitability fragile and limit funds available for reinvestment.
Low Return On EquityA ROE near 1.7% implies the company struggles to convert invested capital into meaningful profits. Persistently low ROE reduces attractiveness to investors, constrains capital raising, and suggests management must improve asset efficiency or margin generation to drive durable shareholder value.