002398.SZ
Price:
$5.45
Market Cap:
$3.80B
Lets Holdings Group Co., Ltd. engages in the research and development, production, and sale of construction materials in China and internationally. It provides concrete manufacturing and construction services for the nuclear power, ports, bridges, tunnels, highways, high-speed rail, subways, water conservancy, electric power, and other projects. The company also offers technical construction services, such as surveying, designing, testing, evaluation, consulting, and training for the life cycle of engineering feasibility study, construction, and operation and maintenance. In addition, it provides information and intelligent services for the Chinese construction industry; Internet-based indus...[Read more]
Industry
Construction Materials
IPO Date
2010-05-06
Stock Exchange
SHZ
Ticker
002398.SZ
According to Lets Holdings Group Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 2.68. This represents a change of 6.21% compared to the average of 2.52 of the last 4 quarters.
The mean historical Current Ratio of Lets Holdings Group Co., Ltd. over the last ten years is 2.46. The current 2.68 Current Ratio has changed 10.78% with respect to the historical average. Over the past ten years (40 quarters), 002398.SZ's Current Ratio was at its highest in in the March 2016 quarter at 5.27. The Current Ratio was at its lowest in in the September 2021 quarter at 1.66.
Average
2.46
Median
2.19
Minimum
1.66
Maximum
3.81
Discovering the peaks and valleys of Lets Holdings Group 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 = 27.40%
Maximum Annual Current Ratio = 3.81
Minimum Annual Increase = -27.80%
Minimum Annual Current Ratio = 1.66
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 2.27 | 9.30% |
| 2023 | 2.08 | -1.81% |
| 2022 | 2.12 | 27.40% |
| 2021 | 1.66 | -11.41% |
| 2020 | 1.87 | -8.54% |
| 2019 | 2.05 | -9.11% |
| 2018 | 2.26 | -16.83% |
| 2017 | 2.71 | -27.80% |
| 2016 | 3.76 | -1.43% |
| 2015 | 3.81 | 14.63% |
The current Current Ratio of Lets Holdings Group Co., Ltd. (002398.SZ) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
2.15
5-year avg
2.00
10-year avg
2.46
Lets Holdings Group Co., Ltd.’s Current Ratio is greater than Hubei Sanxia New Building Materials Co., Ltd. (0.61), greater than Jiangsu Baoli International Investment Co., Ltd. (1.85), greater than Sichuan Golden Summit (group) Joint-Stock Co., Ltd. (0.56), greater than BGRIMM Technology Co., Ltd. (1.58), greater than Ruitai Materials Technology Co., Ltd. (1.17), greater than ZYF Lopsking Aluminum Co., Ltd. (1.75), greater than China Railway Prefabricated Construction Co., Ltd. (0.80), greater than Sobute New Materials Co., Ltd (2.09), less than Voneseals Technology (Shanghai) Inc. (3.43), less than Zhejiang Jihua Group Co., Ltd. (6.56),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.61 | $3.43B | |
| 1.85 | $3.45B | |
| 0.56 | $4.77B | |
| 1.58 | $3.41B | |
| 1.17 | $4.54B | |
| 1.75 | $3.72B | |
| 0.80 | $3.86B | |
| 2.09 | $3.97B | |
| 3.43 | $2.93B | |
| 6.56 | $3.37B |
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