CDL is considered to have a strong balance sheet, its net debt to equity ratio stands at 0.2 while CDLstands at 0.67. Av. is 0.7, above 1 is risky like heeton, thats why its being undervalued, being mark down, cash flow and cash balance is important too
Heeton cash balance can't pay for the current liabilities.
WIngtai balance is strong, businessmodel seems sound, why is market giving such a big discount?? Poor track records? Losses?? Earning visbility??