Tunghsu Azure Renewable Energy Co.,Ltd.

Tunghsu Azure Renewable Energy Co.,Ltd.verified

000040.SZ

Price:

$0.86

Market Cap:

$1.28B

Tunghsu Azure Renewable Energy Co.,Ltd. provides energy services in China. It operates photovoltaic and wind power stations; and provides smart energy services and clean energy materials, as well as offers ecological management, water environment restoration and operation, soil and mine restoration, and hazardous waste treatment services. The company was formerly known as Baoan Hongji Real Estate Group Co., Ltd. and changed its name to Tunghsu Azure Renewable Energy Co.,Ltd. in July 2016. Tunghsu Azure Renewable Energy Co.,Ltd. was founded in 1950 and is based in Shenzhen, China.

Industry

Renewable Utilities

IPO Date

1994-08-08

Stock Exchange

SHZ

Ticker

000040.SZ

The Current Ratio as of December 2025 (TTM) for Tunghsu Azure Renewable Energy Co.,Ltd. (000040.SZ) is 1.40

According to Tunghsu Azure Renewable Energy Co.,Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.40. This represents a change of 6.91% compared to the average of 1.31 of the last 4 quarters.

Tunghsu Azure Renewable Energy Co.,Ltd. (000040.SZ) Historical Current Ratio (quarterly & annually)

How has 000040.SZ Current Ratio performed in the past?

The mean historical Current Ratio of Tunghsu Azure Renewable Energy Co.,Ltd. over the last ten years is 1.71. The current 1.40 Current Ratio has changed 8.08% with respect to the historical average. Over the past ten years (40 quarters), 000040.SZ's Current Ratio was at its highest in in the June 2016 quarter at 6.86. The Current Ratio was at its lowest in in the September 2021 quarter at 1.08.

Quarterly (TTM)
Annual

Average

1.71

Median

1.44

Minimum

1.17

Maximum

3.58

Tunghsu Azure Renewable Energy Co.,Ltd. (000040.SZ) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Tunghsu Azure Renewable Energy Co.,Ltd. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 85.77%

Maximum Annual Current Ratio = 3.58

Minimum Annual Increase = -45.66%

Minimum Annual Current Ratio = 1.17

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.28-8.98%
20221.4019.82%
20211.17-11.11%
20201.32-7.11%
20191.42-10.92%
20181.59-18.25%
20171.95-45.66%
20163.5885.77%
20151.9331.11%
20141.47-25.59%

Tunghsu Azure Renewable Energy Co.,Ltd. (000040.SZ) Average Current Ratio

How has 000040.SZ Current Ratio performed in the past?

The current Current Ratio of Tunghsu Azure Renewable Energy Co.,Ltd. (000040.SZ) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

1.28

5-year avg

1.32

10-year avg

1.71

Tunghsu Azure Renewable Energy Co.,Ltd. (000040.SZ) Current Ratio vs. Peers

How is 000040.SZ’s Current Ratio compared to its peers?

Tunghsu Azure Renewable Energy Co.,Ltd.’s Current Ratio is greater than Oceanwide Holdings Co., Ltd. (0.74), greater than Shenzhen Neptunus Bioengineering Co., Ltd. (1.03), greater than Shenzhen Centralcon Investment Holding Co., Ltd. (1.19), greater than Shenzhen Zhenye (Group) Co.,Ltd. (0), greater than Shenzhen Zhongjin Lingnan Nonfemet Co. Ltd. (0.89),

Build a custom stock screener for Tunghsu Azure Renewable Energy Co.,Ltd. (000040.SZ) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Tunghsu Azure Renewable Energy Co.,Ltd. using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Tunghsu Azure Renewable Energy Co.,Ltd. (000040.SZ) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Tunghsu Azure Renewable Energy Co.,Ltd. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is Tunghsu Azure Renewable Energy Co.,Ltd.'s Current Ratio?

How is the Current Ratio calculated for Tunghsu Azure Renewable Energy Co.,Ltd. (000040.SZ)?

What is the highest Current Ratio for Tunghsu Azure Renewable Energy Co.,Ltd. (000040.SZ)?

What is the 3-year average Current Ratio for Tunghsu Azure Renewable Energy Co.,Ltd. (000040.SZ)?

What is the 5-year average Current Ratio for Tunghsu Azure Renewable Energy Co.,Ltd. (000040.SZ)?

How does the current Current Ratio for Tunghsu Azure Renewable Energy Co.,Ltd. (000040.SZ) compare to its historical average?