000416.SZ
Price:
$0.45
Market Cap:
$239.34M
Minsheng Holdings Co.,Ltd provides financial services in China. The company offers property, car, civil, and rights certificate pawn services, as well as consultation and evaluation services; and mergers and acquisitions, and equity investment services. It also provides risk management consulting, property and personal insurance brokerage, and reinsurance brokerage services. The company was formerly known as Minsheng Investment Management Co., Ltd. and changed its name to Minsheng Holdings Co.,Ltd in April 2014. Minsheng Holdings Co.,Ltd was founded in 1993 and is based in Beijing, China.
Industry
Asset Management
IPO Date
1996-07-19
Stock Exchange
SHZ
Ticker
000416.SZ
According to Minsheng Holdings Co.,Ltd’s latest financial reports and current stock price. The company's current Current Ratio is 6.73. This represents a change of -69.54% compared to the average of 22.10 of the last 4 quarters.
The mean historical Current Ratio of Minsheng Holdings Co.,Ltd over the last ten years is 22.79. The current 6.73 Current Ratio has changed 2.85% with respect to the historical average. Over the past ten years (40 quarters), 000416.SZ's Current Ratio was at its highest in in the September 2021 quarter at 70.22. The Current Ratio was at its lowest in in the September 2015 quarter at 1.44.
Average
22.79
Median
22.49
Minimum
2.12
Maximum
40.84
Discovering the peaks and valleys of Minsheng Holdings 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 = 1.83%
Maximum Annual Current Ratio = 40.84
Minimum Annual Increase = -87.06%
Minimum Annual Current Ratio = 2.12
| Year | Current Ratio | Change |
|---|---|---|
| 2023 | 6.73 | -80.85% |
| 2022 | 35.15 | 24.59% |
| 2021 | 28.21 | 60.67% |
| 2020 | 17.56 | -35.95% |
| 2019 | 27.41 | -24.57% |
| 2018 | 36.34 | 111.23% |
| 2017 | 17.21 | -57.88% |
| 2016 | 40.84 | 1.83% |
| 2015 | 2.12 | -87.06% |
| 2014 | 16.35 | 99.42% |
The current Current Ratio of Minsheng Holdings Co.,Ltd (000416.SZ) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
23.36
5-year avg
23.01
10-year avg
22.79
Minsheng Holdings Co.,Ltd’s Current Ratio is greater than Dong-E-E-Jiao Co.,Ltd. (3.76), greater than Zhang Jia Jie Tourism Group Co., Ltd (0.14), greater than Shenzhen Neptunus Bioengineering Co., Ltd. (1.03), greater than Nanjing Public Utilities Development Co., Ltd. (0.87), greater than Changsha Tongcheng Holdings Co.Ltd (2.26),
| Company | Current Ratio | Market cap |
|---|---|---|
| 3.76 | $31.37B | |
| 0.14 | $3.21B | |
| 1.03 | $11.13B | |
| 0.87 | $3.99B | |
| 2.26 | $3.83B |
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