0645.HK
Price:
$0.125
Market Cap:
$8.24M
Ares Asia Limited engages in the coal trading business. It primarily sells thermal coal purchased from various countries to the People's Republic of China. The company was formerly known as KTP Holdings Limited and changed its name to Ares Asia Limited in April 2012. The company was incorporated in 1993 and is headquartered in Kowloon, Hong Kong. Ares Asia Limited is a subsidiary of Reignwood International Holdings Company Limited.
Industry
Coal
IPO Date
1993-12-22
Stock Exchange
HKSE
Ticker
0645.HK
According to Ares Asia Limited’s latest financial reports and current stock price. The company's current Current Ratio is 10.05. This represents a change of 31.99% compared to the average of 7.62 of the last 4 quarters.
The mean historical Current Ratio of Ares Asia Limited over the last ten years is 3.07. The current 10.05 Current Ratio has changed 32.61% with respect to the historical average. Over the past ten years (40 quarters), 0645.HK's Current Ratio was at its highest in in the September 2013 quarter at 75.03. The Current Ratio was at its lowest in in the September 2009 quarter at 0.
Average
3.07
Median
1.54
Minimum
1.15
Maximum
10.05
Discovering the peaks and valleys of Ares Asia 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 = 412.43%
Maximum Annual Current Ratio = 10.05
Minimum Annual Increase = -27.63%
Minimum Annual Current Ratio = 1.15
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 10.05 | 11.59% |
| 2024 | 9.01 | 412.43% |
| 2023 | 1.76 | 9.32% |
| 2022 | 1.61 | 23.17% |
| 2021 | 1.31 | -27.63% |
| 2020 | 1.80 | 29.96% |
| 2019 | 1.39 | 20.75% |
| 2018 | 1.15 | -2.88% |
| 2017 | 1.18 | -19.75% |
| 2016 | 1.47 | 0.22% |
The current Current Ratio of Ares Asia Limited (0645.HK) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
6.94
5-year avg
4.75
10-year avg
3.07
Ares Asia Limited’s Current Ratio is greater than Grand Ocean Advanced Resources Company Limited (1.48), less than Du Du Holdings Limited (14.33), greater than China Primary Energy Holdings Limited (0.61), greater than Huscoke Holdings Limited (0.30), greater than Petro-king Oilfield Services Limited (0.98), greater than Green Leader Holdings Group Limited (0.03), greater than China CBM Group Company Limited (0.39), greater than Global Strategic Group Limited (0.25), greater than Vico International Holdings Limited (3.23), greater than MIE Holdings Corporation (0.48),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.48 | $78.81M | |
| 14.33 | $55.43M | |
| 0.61 | $82.94M | |
| 0.30 | $55.33M | |
| 0.98 | $91.51M | |
| 0.03 | $42.63M | |
| 0.39 | $124.94M | |
| 0.25 | $61.29M | |
| 3.23 | $128.00M | |
| 0.48 | $101.60M |
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