000517.SZ
Price:
$1.87
Market Cap:
$5.95B
Rongan Property Co.,Ltd. develops and sells real estate properties in China. The company develops residential and commercial properties, business stores, office buildings, etc. It also provides property management services. The company was founded in 1965 and is based in Ningbo, China.
Industry
Real Estate - Services
IPO Date
1993-08-06
Stock Exchange
SHZ
Ticker
000517.SZ
According to Rongan Property Co.,Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.88. This represents a change of 4.07% compared to the average of 1.80 of the last 4 quarters.
The mean historical Current Ratio of Rongan Property Co.,Ltd. over the last ten years is 1.64. The current 1.88 Current Ratio has changed 11.34% with respect to the historical average. Over the past ten years (40 quarters), 000517.SZ's Current Ratio was at its highest in in the December 2015 quarter at 3.04. The Current Ratio was at its lowest in in the September 2020 quarter at 1.26.
Average
1.64
Median
1.41
Minimum
1.27
Maximum
3.04
Discovering the peaks and valleys of Rongan Property 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 = 26.09%
Maximum Annual Current Ratio = 3.04
Minimum Annual Increase = -41.50%
Minimum Annual Current Ratio = 1.27
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.62 | 26.09% |
| 2023 | 1.29 | 1.74% |
| 2022 | 1.27 | -5.69% |
| 2021 | 1.34 | -3.65% |
| 2020 | 1.39 | 6.47% |
| 2019 | 1.31 | -7.91% |
| 2018 | 1.42 | -26.66% |
| 2017 | 1.94 | 8.96% |
| 2016 | 1.78 | -41.50% |
| 2015 | 3.04 | -19.92% |
The current Current Ratio of Rongan Property Co.,Ltd. (000517.SZ) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.39
5-year avg
1.38
10-year avg
1.64
Rongan Property Co.,Ltd.’s Current Ratio is greater than RiseSun Real Estate Development Co.,Ltd (0), greater than Beijing North Star Company Limited (0), less than Shunfa Hengye Corporation (4.28), less than Ningbo Fuda Company Limited (2.32), greater than 5i5j Holding Group Co., Ltd. (0.76), greater than Zhejiang China Light&Textile Industrial City Group Co.,Ltd (0.51), greater than Jinke Property Group Co., Ltd. (0.72), less than Chengdu New Tianfu Culture Tourism Development Co., Ltd. (2.04), greater than Shenzhen Centralcon Investment Holding Co., Ltd. (1.19), greater than Shenzhen HeungKong Holding Co.,Ltd (1.28),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0 | $6.70B | |
| 0 | $4.63B | |
| 4.28 | $7.83B | |
| 2.32 | $7.95B | |
| 0.76 | $6.97B | |
| 0.51 | $5.70B | |
| 0.72 | $11.21B | |
| 2.04 | $6.90B | |
| 1.19 | $5.26B | |
| 1.28 | $6.11B |
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