0987.HK
Price:
$0.129
Market Cap:
$323.29M
China Renewable Energy Investment Limited, an investment holding company, engages in the renewable energy business in the People's Republic of China. As of December 31, 2021, the company operated eight wind farms and one distributed solar project with the power generating capacity of 738 megawatts in Hebei, Heilongjiang, Gansu, Inner Mongolia, Henan, and Zhejiang provinces. It also offers human resources management services. The company was formerly known as Hong Kong Energy (Holdings) Limited and changed its name to China Renewable Energy Investment Limited in June 2011. The company was incorporated in 2002 and is headquartered in Tsim Sha Tsui, Hong Kong. China Renewable Energy Investment ...[Read more]
Industry
Renewable Utilities
IPO Date
2002-06-04
Stock Exchange
HKSE
Ticker
0987.HK
According to China Renewable Energy Investment Limited’s latest financial reports and current stock price. The company's current Current Ratio is 7.47. This represents a change of 12.19% compared to the average of 6.66 of the last 4 quarters.
The mean historical Current Ratio of China Renewable Energy Investment Limited over the last ten years is 2.45. The current 7.47 Current Ratio has changed 30.34% with respect to the historical average. Over the past ten years (40 quarters), 0987.HK's Current Ratio was at its highest in in the June 2009 quarter at 113.22. The Current Ratio was at its lowest in in the January 2006 quarter at 0.
Average
2.45
Median
1.73
Minimum
1.09
Maximum
6.90
Discovering the peaks and valleys of China Renewable Energy Investment 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 = 173.06%
Maximum Annual Current Ratio = 6.90
Minimum Annual Increase = -40.43%
Minimum Annual Current Ratio = 1.09
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 6.90 | 32.58% |
| 2023 | 5.21 | 173.06% |
| 2022 | 1.91 | 9.00% |
| 2021 | 1.75 | 10.67% |
| 2020 | 1.58 | 28.18% |
| 2019 | 1.23 | 12.76% |
| 2018 | 1.09 | -7.20% |
| 2017 | 1.18 | -40.43% |
| 2016 | 1.98 | 16.01% |
| 2015 | 1.71 | -14.80% |
The current Current Ratio of China Renewable Energy Investment Limited (0987.HK) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
4.67
5-year avg
3.47
10-year avg
2.45
China Renewable Energy Investment Limited’s Current Ratio is greater than Kong Sun Holdings Limited (1.58), greater than Tonking New Energy Group Holdings Limited (2.06), greater than Tianjin Jinran Public Utilities Company Limited (2.07), greater than Jy Gas Limited (1.41), greater than Chinese People Holdings Company Limited (2.06), greater than Shunfeng International Clean Energy Limited (0.42), greater than Puxing Energy Limited (1.10), greater than Yunnan Water Investment Co., Limited (0.73), greater than Xinda Investment Holdings Limited (5.17), greater than Tianjin Tianbao Energy Co., Ltd. (1.10),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.58 | $254.40M | |
| 2.06 | $186.39M | |
| 2.07 | $332.93M | |
| 1.41 | $264.00M | |
| 2.06 | $303.78M | |
| 0.42 | $121.98M | |
| 1.10 | $701.66M | |
| 0.73 | $217.16M | |
| 5.17 | $148.46M | |
| 1.10 | $103.95M |
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