0456.HK
Price:
$0.42
Market Cap:
$78.36M
New City Development Group Limited, an investment holding company, engages in the property development and investment activities in the People's Republic of China. It also sells buses; and offers general management services, as well as engages in the supermarket business. The company was formerly known as New City (China) Development Limited and changed its name to New City Development Group Limited in May 2012. The company was incorporated in 1998 and is headquartered in Kwun Tong, Hong Kong.
Industry
Real Estate - Development
IPO Date
1993-07-14
Stock Exchange
HKSE
Ticker
0456.HK
According to New City Development Group Limited’s latest financial reports and current stock price. The company's current Current Ratio is 2.72. This represents a change of 288.27% compared to the average of 0.70 of the last 4 quarters.
The mean historical Current Ratio of New City Development Group Limited over the last ten years is 4.36. The current 2.72 Current Ratio has changed 6.13% with respect to the historical average. Over the past ten years (40 quarters), 0456.HK's Current Ratio was at its highest in in the December 2021 quarter at 11.71. The Current Ratio was at its lowest in in the June 2009 quarter at 0.
Average
4.36
Median
2.95
Minimum
0.02
Maximum
11.71
Discovering the peaks and valleys of New City Development Group 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 = 454.87%
Maximum Annual Current Ratio = 11.71
Minimum Annual Increase = -99.53%
Minimum Annual Current Ratio = 0.02
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.06 | 140.54% |
| 2023 | 0.02 | -99.53% |
| 2022 | 5.09 | -56.54% |
| 2021 | 11.71 | 2.67% |
| 2020 | 11.40 | 454.87% |
| 2019 | 2.06 | -60.13% |
| 2018 | 5.15 | 130.84% |
| 2017 | 2.23 | -38.82% |
| 2016 | 3.65 | 62.03% |
| 2015 | 2.25 | 127.39% |
The current Current Ratio of New City Development Group Limited (0456.HK) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
1.72
5-year avg
5.66
10-year avg
4.36
New City Development Group Limited’s Current Ratio is greater than Shenyang Public Utility Holdings Company Limited (0.36), greater than Xinji Shaxi Group Co., Ltd (0), greater than Deson Development International Holdings Limited (1.89), greater than Golden Wheel Tiandi Holdings Company Limited (0.78), greater than China Sinostar Group Company Limited (1.68), greater than Huijing Holdings Company Limited (0.54), greater than Winfull Group Holdings Limited (1.10), greater than Talent Property Group Limited (2.24), greater than Chen Xing Development Holdings Limited (1.26), greater than Richly Field China Development Limited (0.63),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.36 | $126.09M | |
| 0 | $74.65M | |
| 1.89 | $140.81M | |
| 0.78 | $72.86M | |
| 1.68 | $91.52M | |
| 0.54 | $110.33M | |
| 1.10 | $97.51M | |
| 2.24 | $87.49M | |
| 1.26 | $139.20M | |
| 0.63 | $109.68M |
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