0587.HK
Price:
$0.56
Market Cap:
$928.87M
China Conch Environment Protection Holdings Limited, an investment holding company, provides treatment solutions for industrial solid and hazardous waste primarily utilizing cement kiln waste treatment technologies in the People's Republic of China. It also provides resource recycling and technical consultation services. The company was incorporated in 2020 and is headquartered in Wuhu, China. China Conch Environment Protection Holdings Limited is a subsidiary of China Conch Venture Holdings Limited.
Industry
Waste Management
IPO Date
2022-03-30
Stock Exchange
HKSE
Ticker
0587.HK
According to China Conch Environment Protection Holdings Limited’s latest financial reports and current stock price. The company's current Current Ratio is 0.82. This represents a change of 30.58% compared to the average of 0.63 of the last 4 quarters.
The mean historical Current Ratio of China Conch Environment Protection Holdings Limited over the last ten years is 0.75. The current 0.82 Current Ratio has changed 10.81% with respect to the historical average. Over the past ten years (40 quarters), 0587.HK's Current Ratio was at its highest in in the June 2022 quarter at 0.96. The Current Ratio was at its lowest in in the June 2020 quarter at 0.
Average
0.75
Median
0.68
Minimum
0.53
Maximum
1.17
Discovering the peaks and valleys of China Conch Environment Protection 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 = 26.31%
Maximum Annual Current Ratio = 1.17
Minimum Annual Increase = -40.33%
Minimum Annual Current Ratio = 0.53
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.66 | 26.11% |
| 2023 | 0.53 | -21.04% |
| 2022 | 0.67 | -21.93% |
| 2021 | 0.85 | 26.31% |
| 2020 | 0.68 | -2.88% |
| 2019 | 0.70 | -40.33% |
The current Current Ratio of China Conch Environment Protection Holdings Limited (0587.HK) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
0.62
5-year avg
0.68
10-year avg
0.75
China Conch Environment Protection Holdings Limited’s Current Ratio is less than Capital Environment Holdings Limited (1.12), less than Beijing Enterprises Environment Group Limited (0.89), less than Anhui Conch Material Technology Co Ltd (1.08), less than EverChina Int'l Holdings Company Limited (0.89), less than Yuanda China Holdings Limited (0.97), less than Hope Life International Holdings Limited (4.57), less than ManpowerGroup Greater China Limited (1.95), less than Tysan Holdings Limited (2.82), less than Net-a-Go Technology Company Limited (1.28), less than Tat Hong Equipment Service Co., Ltd. (1.12),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.12 | $1.01B | |
| 0.89 | $840.20M | |
| 1.08 | $1.01B | |
| 0.89 | $977.45M | |
| 0.97 | $1.06B | |
| 4.57 | $811.81M | |
| 1.95 | $994.05M | |
| 2.82 | $1.09B | |
| 1.28 | $817.69M | |
| 1.12 | $1.17B |
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