1581.HK
Price:
$0.238
Market Cap:
$98.77M
Progressive Path Group Holdings Limited, an investment holding company, engages in the construction works, and construction machinery rental business. It undertakes various construction projects, including the foundation and site formation, builder's, and general building works. The company is also involved in the rental of construction machineries and vehicles, as well as provision of machine operator and transportation services. It serves the construction work companies operating in public and/or private construction projects primarily in Hong Kong. The company was incorporated in 2016 and is headquartered in Tuen Mun, Hong Kong. Progressive Path Group Holdings Limited is a subsidiary of P...[Read more]
Industry
Rental & Leasing Services
IPO Date
2016-12-08
Stock Exchange
HKSE
Ticker
1581.HK
According to Progressive Path Group Holdings Limited’s latest financial reports and current stock price. The company's current Current Ratio is 1.49. This represents a change of 13.05% compared to the average of 1.32 of the last 4 quarters.
The mean historical Current Ratio of Progressive Path Group Holdings Limited over the last ten years is 1.64. The current 1.49 Current Ratio has changed 9.00% with respect to the historical average. Over the past ten years (40 quarters), 1581.HK's Current Ratio was at its highest in in the March 2018 quarter at 2.52. The Current Ratio was at its lowest in in the September 2013 quarter at 0.
Average
1.64
Median
1.50
Minimum
1.10
Maximum
2.52
Discovering the peaks and valleys of Progressive Path Group 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 = 41.19%
Maximum Annual Current Ratio = 2.52
Minimum Annual Increase = -32.37%
Minimum Annual Current Ratio = 1.10
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 1.49 | 14.72% |
| 2024 | 1.30 | 18.17% |
| 2023 | 1.10 | -13.88% |
| 2022 | 1.28 | -14.70% |
| 2021 | 1.50 | -4.81% |
| 2020 | 1.57 | -32.37% |
| 2019 | 2.33 | -7.50% |
| 2018 | 2.52 | 30.15% |
| 2017 | 1.93 | 41.19% |
| 2016 | 1.37 | 28.08% |
The current Current Ratio of Progressive Path Group Holdings Limited (1581.HK) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
1.30
5-year avg
1.33
10-year avg
1.64
Progressive Path Group Holdings Limited’s Current Ratio is greater than Wei Yuan Holdings Limited (1.32), greater than Century Plaza Hotel Group (1.40), less than CircuTech International Holdings Limited (12.99), greater than FDB Holdings Limited (0.99), less than REM Group (Holdings) Limited (5.72), less than Yuk Wing Group Holdings Limited (3.34), less than WMHW Holdings Limited (1.51), greater than Daido Group Limited (0.27), less than Sang Hing Holdings (International) Limited (8.80), greater than Sam Woo Construction Group Limited (0.87),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.32 | $117.04M | |
| 1.40 | $72.10M | |
| 12.99 | $74.99M | |
| 0.99 | $93.24M | |
| 5.72 | $118.80M | |
| 3.34 | $68.40M | |
| 1.51 | $102.63M | |
| 0.27 | $67.89M | |
| 8.80 | $62.00M | |
| 0.87 | $117.60M |
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