NewOcean Energy Holdings Limited

NewOcean Energy Holdings Limitedverified

0342.HK

Price:

$0.039

Market Cap:

$57.26M

NewOcean Energy Holdings Limited, an investment holding company, distributes and sells liquefied petroleum gas (LPG) and natural gas, and oil products in the People's Republic of China. It sells LPG to industrial customers, auto-gas operators, wholesalers, bottled LPG end-users, and auto-gas end-users. The company also trades in electronic products, such as integrated circuits and mobile phones. In addition, it is involved in the property dealing, development, and sale activities. The company is headquartered in Quarry Bay, Hong Kong.

Industry

Oil & Gas Refining & Marketing

IPO Date

2003-06-19

Stock Exchange

HKSE

Ticker

0342.HK

The Current Ratio as of December 2025 (TTM) for NewOcean Energy Holdings Limited (0342.HK) is 1.19

According to NewOcean Energy Holdings Limited’s latest financial reports and current stock price. The company's current Current Ratio is 1.19. This represents a change of -11.63% compared to the average of 1.34 of the last 4 quarters.

NewOcean Energy Holdings Limited (0342.HK) Historical Current Ratio (quarterly & annually)

How has 0342.HK Current Ratio performed in the past?

The mean historical Current Ratio of NewOcean Energy Holdings Limited over the last ten years is 1.52. The current 1.19 Current Ratio has changed 7.72% with respect to the historical average. Over the past ten years (40 quarters), 0342.HK's Current Ratio was at its highest in in the December 2015 quarter at 2.03. The Current Ratio was at its lowest in in the January 2003 quarter at 0.

Quarterly (TTM)
Annual

Average

1.52

Median

1.52

Minimum

1.01

Maximum

2.03

NewOcean Energy Holdings Limited (0342.HK) Current Ratio by Quarter and Year

Discovering the peaks and valleys of NewOcean Energy 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 = 49.27%

Maximum Annual Current Ratio = 2.03

Minimum Annual Increase = -30.37%

Minimum Annual Current Ratio = 1.01

Quarterly (TTM)
Annual
YearCurrent RatioChange
20201.19-30.37%
20191.71-11.94%
20181.9415.40%
20171.68-16.02%
20162.00-1.73%
20152.0349.27%
20141.3611.97%
20131.2216.54%
20121.042.91%
20111.01-13.98%

NewOcean Energy Holdings Limited (0342.HK) Average Current Ratio

How has 0342.HK Current Ratio performed in the past?

The current Current Ratio of NewOcean Energy Holdings Limited (0342.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

1.61

5-year avg

1.70

10-year avg

1.52

NewOcean Energy Holdings Limited (0342.HK) Current Ratio vs. Peers

How is 0342.HK’s Current Ratio compared to its peers?

NewOcean Energy Holdings Limited’s Current Ratio is

CompanyCurrent RatioMarket cap

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