002919.SZ
Price:
$23.2
Market Cap:
$6.18B
Mingchen Health Co.,Ltd. engages in the development, production, and sale of personal health care supplies in China. It offers anti-dandruff shampoos and hair conditioners, and akin care lotions. It offers its products under the Did Flower Show, MeiWang, YiCai, High-tech Health, Green effect, and Likoujian brand names. The company was formerly known as Guangdong Ming Chen Co., Ltd. and changed its name to Mingchen Health Co., Ltd. Mingchen Health Co., Ltd was founded in 1994 and is based in Shantou, China.
Industry
Household & Personal Products
IPO Date
2017-12-18
Stock Exchange
SHZ
Ticker
002919.SZ
According to Mingchen Health Co.,Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.80. This represents a change of -17.67% compared to the average of 2.19 of the last 4 quarters.
The mean historical Current Ratio of Mingchen Health Co.,Ltd. over the last ten years is 2.89. The current 1.80 Current Ratio has changed 6.13% with respect to the historical average. Over the past ten years (40 quarters), 002919.SZ's Current Ratio was at its highest in in the March 2019 quarter at 5.89. The Current Ratio was at its lowest in in the March 2017 quarter at 0.
Average
2.89
Median
2.80
Minimum
1.44
Maximum
4.57
Discovering the peaks and valleys of Mingchen Health 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 = 117.28%
Maximum Annual Current Ratio = 4.57
Minimum Annual Increase = -58.53%
Minimum Annual Current Ratio = 1.44
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 2.60 | 32.31% |
| 2023 | 1.96 | 36.20% |
| 2022 | 1.44 | -58.53% |
| 2021 | 3.48 | 15.72% |
| 2020 | 3.00 | -34.27% |
| 2019 | 4.57 | 8.84% |
| 2018 | 4.20 | 0.94% |
| 2017 | 4.16 | 117.28% |
| 2016 | 1.91 | 18.64% |
| 2015 | 1.61 | 8.23% |
The current Current Ratio of Mingchen Health Co.,Ltd. (002919.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
2.00
5-year avg
2.50
10-year avg
2.89
Mingchen Health Co.,Ltd.’s Current Ratio is less than Lafang China Co.,Ltd (5.23), greater than Qingdao Kingking Applied Chemistry Co., Ltd. (1.34), less than Liuzhou Liangmianzhen Co., Ltd. (4.05), less than Tianjin Yiyi Hygiene Products Co.,Ltd (4.56), less than Chengdu Jiafaantai Education Technology Co.,Ltd. (3.18), less than Hangzhou Coco Healthcare Products Co.,Ltd. (1.99), greater than Nanfang Black Sesame Group Co., Ltd. (1.17), greater than Xueda (Xiamen) Education Technology Group Co., Ltd. (0.57), greater than Zhe Jiang Li Zi Yuan Food Co.,Ltd. (1.41), greater than Zhongbai Holdings Group Co.,Ltd (0.40),
| Company | Current Ratio | Market cap |
|---|---|---|
| 5.23 | $4.57B | |
| 1.34 | $4.91B | |
| 4.05 | $3.46B | |
| 4.56 | $5.59B | |
| 3.18 | $4.52B | |
| 1.99 | $3.39B | |
| 1.17 | $4.68B | |
| 0.57 | $4.36B | |
| 1.41 | $4.63B | |
| 0.40 | $4.72B |
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