1321.HK
Price:
$0.7
Market Cap:
$1.28B
China New City Commercial Development Limited, an investment holding company, engages in the commercial property development, leasing, and hotel operations in Mainland China and internationally. The company operates through four segments: Commercial Property Development, Property Rental, Hotel Operations, and Others. It develops, owns, operates, and sells integrated commercial complexes in sub-city centers of second-tier cities in the Yangtze River Delta region. The company also leases investment properties, including offices and shopping malls; and provides property, project, health, and theatre management services, as well as education development services. In addition, it owns and operate...[Read more]
Industry
Real Estate - Development
IPO Date
2014-07-10
Stock Exchange
HKSE
Ticker
1321.HK
According to China New City Commercial Development Limited’s latest financial reports and current stock price. The company's current Current Ratio is 1.67. This represents a change of 43.58% compared to the average of 1.17 of the last 4 quarters.
The mean historical Current Ratio of China New City Commercial Development Limited over the last ten years is 1.17. The current 1.67 Current Ratio has changed 14.25% with respect to the historical average. Over the past ten years (40 quarters), 1321.HK's Current Ratio was at its highest in in the December 2020 quarter at 1.69. The Current Ratio was at its lowest in in the January 2011 quarter at 0.
Average
1.17
Median
1.07
Minimum
0.84
Maximum
1.69
Discovering the peaks and valleys of China New City Commercial Development 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 = 68.82%
Maximum Annual Current Ratio = 1.69
Minimum Annual Increase = -37.89%
Minimum Annual Current Ratio = 0.84
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.12 | 32.82% |
| 2023 | 0.84 | -9.49% |
| 2022 | 0.93 | -11.35% |
| 2021 | 1.05 | -37.89% |
| 2020 | 1.69 | 6.30% |
| 2019 | 1.59 | 68.82% |
| 2018 | 0.94 | -10.49% |
| 2017 | 1.05 | -3.65% |
| 2016 | 1.09 | -20.68% |
| 2015 | 1.37 | 42.91% |
The current Current Ratio of China New City Commercial Development Limited (1321.HK) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
0.96
5-year avg
1.12
10-year avg
1.17
China New City Commercial Development Limited’s Current Ratio is less than E-Star Commercial Management Company Limited (3.98), greater than LVGEM (China) Real Estate Investment Company Limited (1.04), greater than China Cultural Tourism and Agriculture Group Limited (0.72), greater than China Merchants Land Limited (1.38), greater than Sino-Ocean Group Holding Limited (0.93), less than Liu Chong Hing Investment Limited (2.04), greater than Shanghai Industrial Urban Development Group Limited (1.32), greater than Midland Holdings Limited (1.28), less than Excellence Commercial Property & Facilities Management Group Limited (2.75), less than New Hope Service Holdings Limited (2.42),
| Company | Current Ratio | Market cap |
|---|---|---|
| 3.98 | $1.40B | |
| 1.04 | $2.22B | |
| 0.72 | $1.26B | |
| 1.38 | $1.37B | |
| 0.93 | $1.32B | |
| 2.04 | $1.67B | |
| 1.32 | $1.58B | |
| 1.28 | $1.71B | |
| 2.75 | $1.10B | |
| 2.42 | $1.61B |
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