001219.SZ
Price:
$14.93
Market Cap:
$2.91B
QINGDAO FOODS CO.,LTD. engages in the production and sale of biscuits and other baked food in China. Its products include condiments, confectionery products comprising chocolate and chocolate products, biscuit noodles food, peanut products, red bean products, chocolate candies, dried noodle flour, and snack foods. QINGDAO FOODS CO.,LTD. was founded in 1950 and is headquartered in Qingdao, China.
Industry
Packaged Foods
IPO Date
2021-10-21
Stock Exchange
SHZ
Ticker
001219.SZ
According to Qingdao Foods CO.,LTD.’s latest financial reports and current stock price. The company's current Current Ratio is 4.14. This represents a change of -38.45% compared to the average of 6.73 of the last 4 quarters.
The mean historical Current Ratio of Qingdao Foods CO.,LTD. over the last ten years is 6.69. The current 4.14 Current Ratio has changed 6.09% with respect to the historical average. Over the past ten years (40 quarters), 001219.SZ's Current Ratio was at its highest in in the March 2024 quarter at 16.25. The Current Ratio was at its lowest in in the June 2017 quarter at 0.
Average
6.69
Median
5.52
Minimum
4.34
Maximum
10.72
Discovering the peaks and valleys of Qingdao Foods 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 = 92.27%
Maximum Annual Current Ratio = 10.72
Minimum Annual Increase = -35.91%
Minimum Annual Current Ratio = 4.34
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 6.56 | -35.91% |
| 2023 | 10.24 | 4.21% |
| 2022 | 9.83 | -8.33% |
| 2021 | 10.72 | 92.27% |
| 2020 | 5.58 | 1.95% |
| 2019 | 5.47 | 17.49% |
| 2018 | 4.65 | -8.31% |
| 2017 | 5.08 | 15.14% |
| 2016 | 4.41 | 1.50% |
The current Current Ratio of Qingdao Foods CO.,LTD. (001219.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
8.88
5-year avg
8.58
10-year avg
6.69
Qingdao Foods CO.,LTD.’s Current Ratio is greater than Guangdong Yantang Dairy Co., Ltd. (1.77), less than Solbar Ningbo Protein Technology Co., Ltd. (6.79), greater than Chen Ke Ming Food Manufacturing Co., Ltd. (0.68), less than Anji Foodstuff Co., Ltd (10.17), less than Shanghai Menon Animal Nutrition Technology Co., Ltd. (7.18), greater than Chalkis Health Industry Co., Ltd (0.64), greater than HaiXin Foods Co.,Ltd (1.27), greater than Royal Group Co.,Ltd. (0.79), less than Shanghai Hi-Road Food Technology Co., Ltd. (7.71), greater than Shandong Huifa Foodstuff Co.,Ltd. (0.68),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.77 | $2.79B | |
| 6.79 | $2.56B | |
| 0.68 | $3.20B | |
| 10.17 | $4.58B | |
| 7.18 | $2.57B | |
| 0.64 | $2.98B | |
| 1.27 | $5.29B | |
| 0.79 | $3.27B | |
| 7.71 | $3.18B | |
| 0.68 | $3.37B |
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