The company was poorly managed and eventually went under.
Tips
usage
垮 is versatile: buildings can 垮 (collapse), bodies can be 累垮 (worn down from exhaustion), regimes can 垮台 (fall from power), and businesses can 垮 (go bankrupt). The core image is always something giving way under pressure.
Left earth radical, the indexing component. Marks 垮 as something built of earth: a wall, embankment, or earthen structure. The whole character names what happens when such a structure fails — collapsing, caving in. Same radical anchors 城 (city wall), 墙 (wall), 塌 (collapse).
Right-side 夸 supplies the sound: kuā shifts to kuǎ with a tone change. The 'boasting' meaning fits with mild irony — collapse can follow over-extension or bragging. Same kuā/kuǎ phonetic series: 跨 (stride across), 挎 (carry on arm).