002946.SZ
Price:
$18.97
Market Cap:
$16.33B
New Hope Dairy Co., Ltd. produces and sells dairy products in China. It offers fresh milk and yoghurt, as well as milk-containing beverages and milk powder. The company is based in Chengdu, China.
Industry
Packaged Foods
IPO Date
2019-01-25
Stock Exchange
SHZ
Ticker
002946.SZ
According to New Hope Dairy Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 0.59. This represents a change of 9.22% compared to the average of 0.54 of the last 4 quarters.
The mean historical Current Ratio of New Hope Dairy Co., Ltd. over the last ten years is 0.50. The current 0.59 Current Ratio has changed 11.64% with respect to the historical average. Over the past ten years (40 quarters), 002946.SZ's Current Ratio was at its highest in in the March 2019 quarter at 0.63. The Current Ratio was at its lowest in in the September 2017 quarter at 0.
Average
0.50
Median
0.49
Minimum
0.46
Maximum
0.61
Discovering the peaks and valleys of New Hope Dairy 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 = 24.94%
Maximum Annual Current Ratio = 0.61
Minimum Annual Increase = -20.09%
Minimum Annual Current Ratio = 0.46
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.54 | 7.48% |
| 2023 | 0.50 | -0.99% |
| 2022 | 0.50 | 4.21% |
| 2021 | 0.48 | -10.44% |
| 2020 | 0.54 | 13.42% |
| 2019 | 0.48 | 4.12% |
| 2018 | 0.46 | -2.42% |
| 2017 | 0.47 | -3.35% |
| 2016 | 0.48 | -20.09% |
| 2015 | 0.61 | 24.94% |
The current Current Ratio of New Hope Dairy Co., Ltd. (002946.SZ) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
0.51
5-year avg
0.51
10-year avg
0.50
New Hope Dairy Co., Ltd.’s Current Ratio is less than Chongqing Fuling Zhacai Group Co., Ltd. (14.20), less than Sichuan Teway Food Group Co.,Ltd (3.36), less than Bright Dairy & Food Co.,Ltd (0.86), less than Qianhe Condiment and Food Co., Ltd. (2.65), less than Yantai China Pet Foods Co., Ltd. (1.70), less than Hebei Hengshui Laobaigan Liquor Co., Ltd. (1.59), less than Shanghai Milkground Food Tech Co., Ltd (1.23), less than Yunnan Shennong Agricultural Industry Group Co.,LTD. (2.10), less than TECON BIOLOGY Co.LTD (1.73), less than Chacha Food Company, Limited (3.23),
| Company | Current Ratio | Market cap |
|---|---|---|
| 14.20 | $15.37B | |
| 3.36 | $13.73B | |
| 0.86 | $11.47B | |
| 2.65 | $13.33B | |
| 1.70 | $16.34B | |
| 1.59 | $14.80B | |
| 1.23 | $14.55B | |
| 2.10 | $14.73B | |
| 1.73 | $10.10B | |
| 3.23 | $11.04B |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like New Hope Dairy Co., Ltd. using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like New Hope Dairy Co., Ltd. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is New Hope Dairy Co., Ltd.'s Current Ratio?
How is the Current Ratio calculated for New Hope Dairy Co., Ltd. (002946.SZ)?
What is the highest Current Ratio for New Hope Dairy Co., Ltd. (002946.SZ)?
What is the 3-year average Current Ratio for New Hope Dairy Co., Ltd. (002946.SZ)?
What is the 5-year average Current Ratio for New Hope Dairy Co., Ltd. (002946.SZ)?
How does the current Current Ratio for New Hope Dairy Co., Ltd. (002946.SZ) compare to its historical average?