1122.HK
Price:
$0.7
Market Cap:
$1.57B
Qingling Motors Co., Ltd., together with its subsidiaries, produces and sells Isuzu trucks in the People's Republic of China. The company offers light, medium, and heavy-duty trucks; pick-up trucks; and chassis, automobile parts, engines, accessories, and others. It is also involved in the production of moulds for manufacturing automobile parts; and automobile retailing and after-sales service business. In addition, it exports its products. The company was founded in 1946 and is based in Central, Hong Kong. Qingling Motors Co., Ltd. is a subsidiary of Qingling Motors (Group) Company Limited.
Industry
Agricultural - Machinery
IPO Date
1994-08-17
Stock Exchange
HKSE
Ticker
1122.HK
According to Qingling Motors Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 2.11. This represents a change of -5.68% compared to the average of 2.24 of the last 4 quarters.
The mean historical Current Ratio of Qingling Motors Co., Ltd. over the last ten years is 2.91. The current 2.11 Current Ratio has changed 7.15% with respect to the historical average. Over the past ten years (40 quarters), 1122.HK's Current Ratio was at its highest in in the December 2009 quarter at 3.97. The Current Ratio was at its lowest in in the June 2005 quarter at 0.
Average
2.91
Median
2.96
Minimum
2.09
Maximum
3.86
Discovering the peaks and valleys of Qingling Motors Co., Ltd. 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 = 29.95%
Maximum Annual Current Ratio = 3.86
Minimum Annual Increase = -27.27%
Minimum Annual Current Ratio = 2.09
Year | Current Ratio | Change |
---|---|---|
2024 | 2.11 | -12.61% |
2023 | 2.42 | -11.03% |
2022 | 2.72 | 29.95% |
2021 | 2.09 | -10.38% |
2020 | 2.33 | -27.27% |
2019 | 3.21 | -7.24% |
2018 | 3.46 | 3.03% |
2017 | 3.36 | -12.99% |
2016 | 3.86 | 7.62% |
2015 | 3.59 | -0.21% |
The current Current Ratio of Qingling Motors Co., Ltd. (1122.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
2.42
5-year avg
2.33
10-year avg
2.91
Qingling Motors Co., Ltd.’s Current Ratio is less than Brilliance China Automotive Holdings Limited (7.31), greater than Sinopec Oilfield Service Corporation (0.66), greater than Huadian Power International Corporation Limited (0.39), greater than Great Wall Motor Company Limited (1.11), less than Anhui Expressway Company Limited (2.23),
Company | Current Ratio | Market cap |
---|---|---|
7.31 | $15.24B | |
0.66 | $33.82B | |
0.39 | $56.74B | |
1.11 | $175.17B | |
2.23 | $29.81B |
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