0228.HK
Price:
$1.45
Market Cap:
$440.99M
China Energy Development Holdings Limited, an investment holding company, engages in the exploration, development, production, and sale of natural gas. It operates through three segments: Exploration, Production, and Distribution of Natural Gas; Sales of Food and Beverages Business; and Money Lending Business. The company drills, explores for, develops, exploits, and produces oil and/or natural gas from site located in Xinjiang; and distributes natural gas through pipelines in the People's Republic of China. It is also involved in the sale of food and beverages; and provision of loans to third parties. The company was incorporated in 2001 and is headquartered in Central, Hong Kong.
Industry
Oil & Gas Integrated
IPO Date
2002-02-18
Stock Exchange
HKSE
Ticker
0228.HK
According to China Energy Development Holdings Limited’s latest financial reports and current stock price. The company's current Current Ratio is 0.57. This represents a change of 3.92% compared to the average of 0.55 of the last 4 quarters.
The mean historical Current Ratio of China Energy Development Holdings Limited over the last ten years is 0.57. The current 0.57 Current Ratio has changed 9.84% with respect to the historical average. Over the past ten years (40 quarters), 0228.HK's Current Ratio was at its highest in in the June 2009 quarter at 7.75. The Current Ratio was at its lowest in in the June 2006 quarter at 0.
Average
0.57
Median
0.53
Minimum
0.35
Maximum
1.10
Discovering the peaks and valleys of China Energy Development Holdings 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 = 96.94%
Maximum Annual Current Ratio = 1.10
Minimum Annual Increase = -45.49%
Minimum Annual Current Ratio = 0.35
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.45 | -6.67% |
| 2023 | 0.48 | 35.23% |
| 2022 | 0.35 | -12.54% |
| 2021 | 0.40 | -19.73% |
| 2020 | 0.50 | -15.61% |
| 2019 | 0.60 | -45.49% |
| 2018 | 1.10 | 96.94% |
| 2017 | 0.56 | -10.89% |
| 2016 | 0.62 | -5.63% |
| 2015 | 0.66 | -10.84% |
The current Current Ratio of China Energy Development Holdings Limited (0228.HK) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
0.43
5-year avg
0.44
10-year avg
0.57
China Energy Development Holdings Limited’s Current Ratio is less than Yanchang Petroleum International Limited (0.81), less than SPT Energy Group Inc. (1.38), less than Hilong Holding Limited (1.11), less than IRICO Group New Energy Company Limited (0.64), less than Energy International Investments Holdings Limited (3.14), less than Huili Resources (Group) Limited (1.76), less than CHK Oil Limited (2.27), less than Shengli Oil & Gas Pipe Holdings Limited (0.77), less than Solargiga Energy Holdings Limited (1.14), greater than Feishang Anthracite Resources Limited (0.05),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.81 | $396.04M | |
| 1.38 | $386.89M | |
| 1.11 | $354.56M | |
| 0.64 | $354.41M | |
| 3.14 | $351.18M | |
| 1.76 | $506.86M | |
| 2.27 | $273.85M | |
| 0.77 | $302.20M | |
| 1.14 | $295.82M | |
| 0.05 | $158.76M |
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