000985.SZ
Price:
$18.38
Market Cap:
$2.38B
Daqing Huake Company Limited develops, produces, and sells petrochemicals and fine chemicals in China. The company offers chemical products, including heavy aromatics, crude isopentene, crude isoprene, industrial acetonitrile, industrial dicyclopentadiene, light aromatics, ethylene tar, crude pentadiene, hydrogenated pentene, light colour petroleum resins, and intermittent liquid phase bulk polypropylene powder. It also provides plastic products, such as polypropylene woven bag coating special materials and polyethylene insulation for communication cables, as well as medical and health products. The company also exports its products to approximately 20 countries and regions, such as Europe, ...[Read more]
Industry
Chemicals
IPO Date
2000-07-26
Stock Exchange
SHZ
Ticker
000985.SZ
According to Daqing Huake Company Limited’s latest financial reports and current stock price. The company's current Current Ratio is 4.23. This represents a change of -12.74% compared to the average of 4.85 of the last 4 quarters.
The mean historical Current Ratio of Daqing Huake Company Limited over the last ten years is 3.84. The current 4.23 Current Ratio has changed 10.93% with respect to the historical average. Over the past ten years (40 quarters), 000985.SZ's Current Ratio was at its highest in in the January 2023 quarter at 6.61. The Current Ratio was at its lowest in in the March 2016 quarter at 1.66.
Average
3.84
Median
3.75
Minimum
1.78
Maximum
6.61
Discovering the peaks and valleys of Daqing Huake Company Limited 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 = 78.80%
Maximum Annual Current Ratio = 6.61
Minimum Annual Increase = -26.26%
Minimum Annual Current Ratio = 1.78
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 4.87 | -10.78% |
| 2023 | 5.45 | -17.45% |
| 2022 | 6.61 | 26.25% |
| 2021 | 5.23 | 13.41% |
| 2020 | 4.62 | 78.80% |
| 2019 | 2.58 | 21.55% |
| 2018 | 2.12 | -26.26% |
| 2017 | 2.88 | 30.67% |
| 2016 | 2.20 | 23.52% |
| 2015 | 1.78 | -1.62% |
The current Current Ratio of Daqing Huake Company Limited (000985.SZ) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages
3-year avg
5.64
5-year avg
5.36
10-year avg
3.84
Daqing Huake Company Limited’s Current Ratio is greater than Maoming Petro-Chemical Shihua Co., Ltd (0.57), greater than Yangzhou Chenhua New Material Co., Ltd. (2.87), greater than Anhui Annada Titanium Industry Co., Ltd. (1.50), less than Jilin Province Xidian Pharmaceutical Sci-Tech Development Co.,Ltd (6.30), less than Wuxi Honghui New Materials Technology Co., Ltd. (11.92), greater than Changzhou Tiansheng New Materials Co., Ltd. (0.40), greater than Hunan Hengguang Technology Co., Ltd. (1.04), greater than Nantong Acetic Acid Chemical Co., Ltd. (1.60), greater than Henan Qingshuiyuan Technology CO.,Ltd (1.43), greater than Zhejiang Dayang Biology Technology Co.,Ltd. (1.23),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.57 | $2.23B | |
| 2.87 | $2.41B | |
| 1.50 | $2.51B | |
| 6.30 | $2.19B | |
| 11.92 | $2.15B | |
| 0.40 | $2.04B | |
| 1.04 | $2.51B | |
| 1.60 | $2.20B | |
| 1.43 | $4.66B | |
| 1.23 | $2.52B |
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