002642.SZ
Price:
$8.02
Market Cap:
$5.31B
Ronglian Group Ltd. provides IT solutions in China and internationally. It provides infrastructure and data center solutions, such as IT planning, application and system integration, professional operation and maintenance, and specialized services; virtualization, and private and hybrid cloud services; and B2B, smart city, and operation services. The company also offers enterprise cloud services, such as cloud planning and design, service migration, resource management, integration development, and operation monitoring services, as well as industry cloud solutions, such as insurance, exploration, and education. In addition, it provides Internet of Vehicles ecosystem through specialized hardw...[Read more]
Industry
Information Technology Services
IPO Date
2011-12-20
Stock Exchange
SHZ
Ticker
002642.SZ
According to Ronglian Group Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.50. This represents a change of -7.31% compared to the average of 1.61 of the last 4 quarters.
The mean historical Current Ratio of Ronglian Group Ltd. over the last ten years is 2.02. The current 1.50 Current Ratio has changed 7.31% with respect to the historical average. Over the past ten years (40 quarters), 002642.SZ's Current Ratio was at its highest in in the June 2016 quarter at 4.14. The Current Ratio was at its lowest in in the December 2023 quarter at 1.41.
Average
2.02
Median
1.63
Minimum
1.41
Maximum
3.79
Discovering the peaks and valleys of Ronglian Group 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 = 20.33%
Maximum Annual Current Ratio = 3.79
Minimum Annual Increase = -46.95%
Minimum Annual Current Ratio = 1.41
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.61 | 13.92% |
| 2023 | 1.41 | -6.99% |
| 2022 | 1.52 | 5.71% |
| 2021 | 1.44 | -5.72% |
| 2020 | 1.52 | -23.50% |
| 2019 | 1.99 | 20.33% |
| 2018 | 1.66 | -17.74% |
| 2017 | 2.01 | -46.95% |
| 2016 | 3.79 | 18.21% |
| 2015 | 3.21 | 17.00% |
The current Current Ratio of Ronglian Group Ltd. (002642.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
1.51
5-year avg
1.50
10-year avg
2.02
Ronglian Group Ltd.’s Current Ratio is less than Shanghai Newtouch Software Co., Ltd. (1.83), less than COSCO SHIPPING Technology Co., Ltd. (2.11), less than Shenzhen Sinovatio Technology Co., Ltd. (5.15), less than Hangzhou Arcvideo Technology Co., Ltd. (2.05), less than HCR Co., Ltd (4.11), greater than Yunnan Nantian Electronics Information Co.,Ltd. (1.36), greater than Strait Innovation Internet Co., Ltd. (0.43), less than ENC Digital Technology Co., Ltd (2.66), greater than Jilin University Zhengyuan Information Technologies Co., Ltd. (1.28), less than Shanghai Hi-Tech Control System Co., Ltd (1.53),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.83 | $4.69B | |
| 2.11 | $5.68B | |
| 5.15 | $4.84B | |
| 2.05 | $4.79B | |
| 4.11 | $4.78B | |
| 1.36 | $6.58B | |
| 0.43 | $9.40B | |
| 2.66 | $5.07B | |
| 1.28 | $5.21B | |
| 1.53 | $4.42B |
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