002419.SZ
Price:
$5.49
Market Cap:
$6.42B
Rainbow Digital Commercial Co., Ltd. operates a chain of department stores, supermarkets, shopping malls, and convenience stores in China. It operates 101 shopping centers and department stores, 122 supermarkets, and 212 convenience stores. The company was formerly known as Rainbow Department Store Co., Ltd. and changed its name to Rainbow Digital Commercial Co., Ltd. in 2020. Rainbow Digital Commercial Co., Ltd. was founded in 1984 and is based in Shenzhen, China.
Industry
Department Stores
IPO Date
2010-06-01
Stock Exchange
SHZ
Ticker
002419.SZ
According to Rainbow Digital Commercial Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 0.36. This represents a change of 1.59% compared to the average of 0.35 of the last 4 quarters.
The mean historical Current Ratio of Rainbow Digital Commercial Co., Ltd. over the last ten years is 0.88. The current 0.36 Current Ratio has changed 3.92% with respect to the historical average. Over the past ten years (40 quarters), 002419.SZ's Current Ratio was at its highest in in the March 2016 quarter at 1.09. The Current Ratio was at its lowest in in the March 2025 quarter at 0.33.
Average
0.88
Median
0.94
Minimum
0.38
Maximum
1.07
Discovering the peaks and valleys of Rainbow Digital Commercial 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 = 5.35%
Maximum Annual Current Ratio = 1.07
Minimum Annual Increase = -52.74%
Minimum Annual Current Ratio = 0.38
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.38 | -52.74% |
| 2023 | 0.80 | -4.09% |
| 2022 | 0.83 | -1.15% |
| 2021 | 0.84 | -14.33% |
| 2020 | 0.98 | -2.38% |
| 2019 | 1.01 | 5.35% |
| 2018 | 0.95 | 2.94% |
| 2017 | 0.93 | -11.99% |
| 2016 | 1.05 | -1.57% |
| 2015 | 1.07 | 3.23% |
The current Current Ratio of Rainbow Digital Commercial Co., Ltd. (002419.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
0.67
5-year avg
0.77
10-year avg
0.88
Rainbow Digital Commercial Co., Ltd.’s Current Ratio is less than Dashang Co., Ltd. (1.78), less than Jiajiayue Group Co., Ltd. (0.74), less than Maoye Commercial Co., Ltd. (0.43), less than Gansu Guofang Industry & Trade (Group) Co., Ltd. (1.34), less than Chengdu Hongqi Chain Co.,Ltd. (1.53), less than Wushang Group Co., Ltd. (0.41), less than Fujian Dongbai (Group) Co.,Ltd. (0.62), less than Xinjiang Winka Times Department Store Co.,Ltd. (0.37), less than Beijing Hualian Department Store Co., Ltd (1.28), less than Hangzhou Jiebai Group Co., Limited (2.14),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.78 | $6.00B | |
| 0.74 | $7.30B | |
| 0.43 | $10.44B | |
| 1.34 | $6.83B | |
| 1.53 | $7.90B | |
| 0.41 | $7.47B | |
| 0.62 | $8.86B | |
| 0.37 | $4.41B | |
| 1.28 | $5.47B | |
| 2.14 | $5.62B |
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