0042.HK
Price:
$0.27
Market Cap:
$213.37M
Northeast Electric Development Company Limited, an investment holding company, engages in the research, design, development, production, and sale of products related to power transmission and transformation equipment in the People's Republic of China. It also manufactures and sells electrical equipment, enclosed busbars, and other accessories; and provides hotel management, catering, and accommodation services. In addition, the company offers engineering design, construction, reconnaissance, and consultation services for new energy projects, as well as electric power engineering services. Further, it leases properties. The company was formerly known as Northeast Electricity Transmitting & Tr...[Read more]
Industry
Travel Lodging
IPO Date
1995-07-06
Stock Exchange
HKSE
Ticker
0042.HK
According to Northeast Electric Development Company Limited’s latest financial reports and current stock price. The company's current Current Ratio is 0.34. This represents a change of -0.36% compared to the average of 0.34 of the last 4 quarters.
The mean historical Current Ratio of Northeast Electric Development Company Limited over the last ten years is 0.76. The current 0.34 Current Ratio has changed 4.37% with respect to the historical average. Over the past ten years (40 quarters), 0042.HK's Current Ratio was at its highest in in the September 2016 quarter at 2.52. The Current Ratio was at its lowest in in the March 2023 quarter at 0.30.
Average
0.76
Median
0.41
Minimum
0.34
Maximum
2.37
Discovering the peaks and valleys of Northeast Electric Development Company Limited 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 = 14.60%
Maximum Annual Current Ratio = 2.37
Minimum Annual Increase = -80.82%
Minimum Annual Current Ratio = 0.34
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.34 | 0.21% |
| 2023 | 0.34 | -0.77% |
| 2022 | 0.34 | -18.36% |
| 2021 | 0.42 | 14.53% |
| 2020 | 0.37 | -17.35% |
| 2019 | 0.44 | -3.17% |
| 2018 | 0.46 | 14.60% |
| 2017 | 0.40 | -80.82% |
| 2016 | 2.08 | -12.24% |
| 2015 | 2.37 | 6.29% |
The current Current Ratio of Northeast Electric Development Company Limited (0042.HK) 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
0.34
5-year avg
0.36
10-year avg
0.76
Northeast Electric Development Company Limited’s Current Ratio is less than Century City International Holdings Limited (1.17), greater than S.A.I. Leisure Group Company Limited (0.21), less than i.century Holding Limited (1.03), less than Sino Gas Holdings Group Limited (1.23), less than China Environmental Resources Group Limited (0.76), less than Kai Yuan Holdings Limited (0.65), less than Shun Ho Property Investments Limited (0.52), less than Mexan Limited (5.15), greater than Macau Legend Development Limited (0.05), less than Tang Palace (China) Holdings Limited (1.03),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.17 | $247.41M | |
| 0.21 | $226.80M | |
| 1.03 | $154.00M | |
| 1.23 | $231.12M | |
| 0.76 | $307.92M | |
| 0.65 | $293.91M | |
| 0.52 | $296.74M | |
| 5.15 | $285.13M | |
| 0.05 | $198.42M | |
| 1.03 | $225.97M |
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