Tibet Mineral Development Co., LTD

Tibet Mineral Development Co., LTDverified

000762.SZ

Price:

$18.52

Market Cap:

$9.65B

Tibet Mineral Development Co., LTD engages in mining business. The company explores for chromite, copper, lithium, and boron deposits. The company products include electrolytic copper; industrial-grade lithium carbonate, monohydrate lithium hydroxide, and battery-grade lithium carbonate; and lithium batteries that are used in information products, video cameras, cameras, electric vehicles, and civilian power peak-shaving power supplies. It offers its products for nuclear energy, aerospace, and metallurgical industries applications. The company was incorporated in 1997 and is based in Lhasa, China.

Industry

Industrial Materials

IPO Date

1997-07-08

Stock Exchange

SHZ

Ticker

000762.SZ

The Current Ratio as of June 2025 (TTM) for Tibet Mineral Development Co., LTD (000762.SZ) is 2.35

According to Tibet Mineral Development Co., LTD’s latest financial reports and current stock price. The company's current Current Ratio is 2.35. This represents a change of -39.87% compared to the average of 3.92 of the last 4 quarters.

Tibet Mineral Development Co., LTD (000762.SZ) Historical Current Ratio (quarterly & annually)

How has 000762.SZ Current Ratio performed in the past?

The mean historical Current Ratio of Tibet Mineral Development Co., LTD over the last ten years is 4.18. The current 2.35 Current Ratio has changed 5.53% with respect to the historical average. Over the past ten years (40 quarters), 000762.SZ's Current Ratio was at its highest in in the June 2020 quarter at 13.34. The Current Ratio was at its lowest in in the December 2023 quarter at 2.16.

Quarterly (TTM)
Annual

Average

4.18

Median

4.65

Minimum

2.16

Maximum

5.73

Tibet Mineral Development Co., LTD (000762.SZ) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Tibet Mineral Development 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 = 65.41%

Maximum Annual Current Ratio = 5.73

Minimum Annual Increase = -50.42%

Minimum Annual Current Ratio = 2.16

Quarterly (TTM)
Annual
YearCurrent RatioChange
20242.317.07%
20232.16-18.32%
20222.64-50.42%
20215.331.93%
20205.23-8.75%
20195.7319.00%
20184.8213.24%
20174.25-12.08%
20164.847.87%
20154.4965.41%

Tibet Mineral Development Co., LTD (000762.SZ) Average Current Ratio

How has 000762.SZ Current Ratio performed in the past?

The current Current Ratio of Tibet Mineral Development Co., LTD (000762.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

2.37

5-year avg

3.54

10-year avg

4.18

Tibet Mineral Development Co., LTD (000762.SZ) Current Ratio vs. Peers

How is 000762.SZ’s Current Ratio compared to its peers?

Tibet Mineral Development Co., LTD’s Current Ratio is less than Dawning Information Industry Co., Ltd. (2.40), greater than Bank of Beijing Co., Ltd. (0), greater than Tokyo Gas Co.,Ltd. (1.72), greater than Euro Leder Fashion Limited (1.31), greater than BioMark Diagnostics Inc. (0.10),

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