0743.HK
Price:
$2.59
Market Cap:
$3.69B
Asia Cement (China) Holdings Corporation, an investment holding company, manufactures and sells cement, concrete, and related products in the People's Republic of China. The company offers Portland cement clinker, general purpose Portland cement, moderate and low heat Portland cement, slag powder, limestone powder, ash powder, ready-mix concrete, etc. It also provides transportation services. The company was incorporated in 2004 and is based in Ruichang, the People's Republic of China. Asia Cement (China) Holdings Corporation is a subsidiary of Asia Cement Corporation.
Industry
Construction Materials
IPO Date
2008-05-20
Stock Exchange
HKSE
Ticker
0743.HK
According to Asia Cement (China) Holdings Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 3.59. This represents a change of -26.26% compared to the average of 4.87 of the last 4 quarters.
The mean historical Current Ratio of Asia Cement (China) Holdings Corporation over the last ten years is 2.99. The current 3.59 Current Ratio has changed 11.91% with respect to the historical average. Over the past ten years (40 quarters), 0743.HK's Current Ratio was at its highest in in the March 2023 quarter at 6.24. The Current Ratio was at its lowest in in the June 2016 quarter at 0.83.
Average
2.99
Median
3.00
Minimum
1.10
Maximum
5.10
Discovering the peaks and valleys of Asia Cement (China) Holdings Corporation 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 = 130.81%
Maximum Annual Current Ratio = 5.10
Minimum Annual Increase = -36.37%
Minimum Annual Current Ratio = 1.10
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 4.77 | -3.22% |
| 2023 | 4.92 | -3.46% |
| 2022 | 5.10 | 48.75% |
| 2021 | 3.43 | -9.41% |
| 2020 | 3.79 | 130.81% |
| 2019 | 1.64 | -36.37% |
| 2018 | 2.58 | 107.55% |
| 2017 | 1.24 | -6.15% |
| 2016 | 1.32 | 19.97% |
| 2015 | 1.10 | -2.03% |
The current Current Ratio of Asia Cement (China) Holdings Corporation (0743.HK) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages
3-year avg
4.93
5-year avg
4.40
10-year avg
2.99
Asia Cement (China) Holdings Corporation’s Current Ratio is greater than China Shanshui Cement Group Limited (0.84), greater than Lee & Man Chemical Company Limited (1.44), greater than Dongwu Cement International Limited (1.72), greater than CITIC Resources Holdings Limited (1.13), greater than GT Gold Holdings Limited (1.04), greater than Persistence Resources Group Ltd (2.18), greater than Shandong Chenming Paper Holdings Limited (0.21), greater than Xingfa Aluminium Holdings Limited (1.42), greater than China Tianrui Group Cement Company Limited (1.45), greater than South Manganese Investment Limited (0.72),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.84 | $2.96B | |
| 1.44 | $4.68B | |
| 1.72 | $3.38B | |
| 1.13 | $3.10B | |
| 1.04 | $3.60B | |
| 2.18 | $2.56B | |
| 0.21 | $4.35B | |
| 1.42 | $3.12B | |
| 1.45 | $887.99M | |
| 0.72 | $2.07B |
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