1080.HK
Price:
$0.078
Market Cap:
$274.49M
Shengli Oil & Gas Pipe Holdings Limited, an investment holding company, designs, processes, manufactures, and sells welded pipes for oil and gas pipeline, and other construction and manufacturing applications in Mainland China and Hong Kong. The company operates through two segments, Pipes Business and Trading Business. It produces submerged-arc helical and longitudinal welded pipes that are primarily used to transport crude oil, refined petroleum products, natural gas, and other related products, as well as used for the oil and infrastructure industry. The company also engages in the provision of anti-corrosion services for oil and gas pipelines, and other construction and manufacturing app...[Read more]
Industry
Oil & Gas Equipment & Services
IPO Date
2009-12-18
Stock Exchange
HKSE
Ticker
1080.HK
According to Shengli Oil & Gas Pipe Holdings Limited’s latest financial reports and current stock price. The company's current Current Ratio is 0.77. This represents a change of -18.95% compared to the average of 0.95 of the last 4 quarters.
The mean historical Current Ratio of Shengli Oil & Gas Pipe Holdings Limited over the last ten years is 0.97. The current 0.77 Current Ratio has changed 7.83% with respect to the historical average. Over the past ten years (40 quarters), 1080.HK's Current Ratio was at its highest in in the December 2010 quarter at 11.23. The Current Ratio was at its lowest in in the January 2008 quarter at 0.
Average
0.97
Median
0.96
Minimum
0.75
Maximum
1.31
Discovering the peaks and valleys of Shengli Oil & Gas Pipe 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 = 22.31%
Maximum Annual Current Ratio = 1.31
Minimum Annual Increase = -40.42%
Minimum Annual Current Ratio = 0.75
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.97 | -6.53% |
| 2023 | 1.04 | 8.40% |
| 2022 | 0.96 | 22.31% |
| 2021 | 0.78 | 3.96% |
| 2020 | 0.75 | -21.52% |
| 2019 | 0.96 | 15.74% |
| 2018 | 0.83 | 6.89% |
| 2017 | 0.78 | -40.42% |
| 2016 | 1.30 | -0.85% |
| 2015 | 1.31 | -17.63% |
The current Current Ratio of Shengli Oil & Gas Pipe Holdings Limited (1080.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
0.99
5-year avg
0.90
10-year avg
0.97
Shengli Oil & Gas Pipe Holdings Limited’s Current Ratio is less than Energy International Investments Holdings Limited (3.14), less than Hilong Holding Limited (1.11), less than CHK Oil Limited (2.27), less than SPT Energy Group Inc. (1.38), less than Solargiga Energy Holdings Limited (1.14), greater than Feishang Anthracite Resources Limited (0.05), greater than China Energy Development Holdings Limited (0.57), greater than Hidili Industry International Development Limited (0.21), less than Yanchang Petroleum International Limited (0.81), greater than Central Development Holdings Limited (0.73),
| Company | Current Ratio | Market cap |
|---|---|---|
| 3.14 | $351.18M | |
| 1.11 | $346.07M | |
| 2.27 | $252.11M | |
| 1.38 | $384.94M | |
| 1.14 | $279.20M | |
| 0.05 | $164.28M | |
| 0.57 | $440.99M | |
| 0.21 | $303.95M | |
| 0.81 | $412.54M | |
| 0.73 | $171.01M |
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