0988.HK
Price:
$0.186
Market Cap:
$119.37M
Silk Road Logistics Holdings Limited, an investment holding company, primarily engages in the trading of commodities in the People's Republic of China and internationally. The company operates through Commodities Trading, Oil, and Logistics segments. It is also involved in the exploration, refining, production, and sale of oil; and provision of oil well, and logistics and warehousing services. The company was formerly known as Loudong General Nice Resources (China) and changed its name to Silk Road Logistics Holdings Limited in February 2018. Silk Road Logistics Holdings Limited was incorporated in 1993 and is headquartered in Causeway Bay, Hong Kong.
Industry
Financial - Capital Markets
IPO Date
1994-01-21
Stock Exchange
HKSE
Ticker
0988.HK
According to Silk Road Logistics Holdings Limited’s latest financial reports and current stock price. The company's current Current Ratio is 0.07. This represents a change of -46.26% compared to the average of 0.13 of the last 4 quarters.
The mean historical Current Ratio of Silk Road Logistics Holdings Limited over the last ten years is 0.63. The current 0.07 Current Ratio has changed 1.01% with respect to the historical average. Over the past ten years (40 quarters), 0988.HK's Current Ratio was at its highest in in the December 2007 quarter at 118.77. The Current Ratio was at its lowest in in the June 2009 quarter at 0.
Average
0.63
Median
0.57
Minimum
0.07
Maximum
1.42
Discovering the peaks and valleys of Silk Road Logistics 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 = 20.15%
Maximum Annual Current Ratio = 1.42
Minimum Annual Increase = -59.27%
Minimum Annual Current Ratio = 0.07
| Year | Current Ratio | Change |
|---|---|---|
| 2023 | 0.07 | -37.66% |
| 2022 | 0.11 | -59.27% |
| 2021 | 0.28 | 20.15% |
| 2020 | 0.23 | -36.37% |
| 2019 | 0.36 | -53.03% |
| 2018 | 0.77 | -10.77% |
| 2017 | 0.86 | 6.58% |
| 2016 | 0.81 | -42.91% |
| 2015 | 1.42 | 1.24% |
| 2014 | 1.40 | 4.53% |
The current Current Ratio of Silk Road Logistics Holdings Limited (0988.HK) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
0.15
5-year avg
0.21
10-year avg
0.63
Silk Road Logistics Holdings Limited’s Current Ratio is greater than Southwest Securities International Securities Limited (0), less than China Smarter Energy Group Holdings Limited (0.11), less than China Gem Holdings Limited (0.20), less than CL Group (Holdings) Limited (4.07), less than Elife Holdings Limited (1.24), less than Greater China Financial Holdings Limited (0.21), less than Asian Capital Resources (Holdings) Limited (0.78), greater than Hao Wen Holdings Limited (0), less than Asia Standard Hotel Group Limited (2.51), greater than Yangzhou Guangling District Taihe Rural Micro-finance Company Limited (0),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0 | $109.85M | |
| 0.11 | $262.48M | |
| 0.20 | $89.25M | |
| 4.07 | $99.00M | |
| 1.24 | $147.82M | |
| 0.21 | $77.76M | |
| 0.78 | $100.45M | |
| 0 | $46.29M | |
| 2.51 | $161.44M | |
| 0 | $159.00M |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Silk Road Logistics Holdings Limited using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Silk Road Logistics Holdings Limited or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is Silk Road Logistics Holdings Limited's Current Ratio?
How is the Current Ratio calculated for Silk Road Logistics Holdings Limited (0988.HK)?
What is the highest Current Ratio for Silk Road Logistics Holdings Limited (0988.HK)?
What is the 3-year average Current Ratio for Silk Road Logistics Holdings Limited (0988.HK)?
What is the 5-year average Current Ratio for Silk Road Logistics Holdings Limited (0988.HK)?
How does the current Current Ratio for Silk Road Logistics Holdings Limited (0988.HK) compare to its historical average?