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When QR is good , people said too pretty like Serbadk ! When receiveable is bad , people said look like Serbadk ! Hahahaha ! Win Serbadk , lose Serbadk !
Good or not, minor shareholder confirm sure dont know, but what we can see is it's operating cash flow really terrible.. Keeping loan the money for their work, pay interest already can die liao... Money can collect back or on time also yet confirm...
Try to understand their biz modal then u know the reason why their debts is so high, cashflow always negative and intangible asset value is so high. Dun look surface their financial seem making profit, it wil make you loss until pant drop