1542.HK
Price:
$1.28
Market Cap:
$58.14M
Taizhou Water Group Co., Ltd. engages in supplying municipal, tap, and raw water to end-users in Mainland China. It is also involved in installation of water pipelines. The company was founded in 1993 and is headquartered in Taizhou, China.
Industry
Regulated Water
IPO Date
2019-12-31
Stock Exchange
HKSE
Ticker
1542.HK
According to Taizhou Water Group Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 0.54. This represents a change of 10.90% compared to the average of 0.48 of the last 4 quarters.
The mean historical Current Ratio of Taizhou Water Group Co., Ltd. over the last ten years is 0.94. The current 0.54 Current Ratio has changed 5.62% with respect to the historical average. Over the past ten years (40 quarters), 1542.HK's Current Ratio was at its highest in in the June 2019 quarter at 1.80. The Current Ratio was at its lowest in in the January 2016 quarter at 0.
Average
0.94
Median
0.83
Minimum
0.33
Maximum
1.72
Discovering the peaks and valleys of Taizhou Water Group 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 = 43.70%
Maximum Annual Current Ratio = 1.72
Minimum Annual Increase = -57.98%
Minimum Annual Current Ratio = 0.33
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.46 | -2.21% |
| 2023 | 0.47 | 43.70% |
| 2022 | 0.33 | -5.90% |
| 2021 | 0.35 | -57.98% |
| 2020 | 0.83 | -31.17% |
| 2019 | 1.20 | -24.08% |
| 2018 | 1.59 | 6.87% |
| 2017 | 1.48 | -13.81% |
The current Current Ratio of Taizhou Water Group Co., Ltd. (1542.HK) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
0.42
5-year avg
0.49
10-year avg
0.94
Taizhou Water Group Co., Ltd.’s Current Ratio is less than Yunnan Water Investment Co., Limited (0.73), less than China Water Industry Group Limited (1.28), less than Luzhou Xinglu Water (Group) Co., Ltd. (0.91), less than Kunming Dianchi Water Treatment Co., Ltd. (1.41), greater than Universal Technologies Holdings Limited (0.50), less than Kangda International Environmental Company Limited (1.38),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.73 | $205.23M | |
| 1.28 | $243.39M | |
| 0.91 | $636.61M | |
| 1.41 | $761.67M | |
| 0.50 | $512.11M | |
| 1.38 | $962.55M |
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