1583.HK
Price:
$1.33
Market Cap:
$910.90M
Qinqin Foodstuffs Group (Cayman) Company Limited, an investment holding company, manufactures, sells, and distributes food and snacks products in the People's Republic of China. The company operates through four segments: Jelly Products, Crackers and Chips, Seasoning Products, and Confectionery and Other Products. It offers jelly products, crackers and chips, seasoning products, sesame candy, chocolate, dried fruits, nuts, biscuits, bakery, dried meat, vegetarian snacks, and other food and snacks products under the Qinqin, Shangerry, and A Snack Shop brands. The company also manufactures, sells, and distributes rice wine and beverage products. In addition, it is involved in the trading and o...[Read more]
Industry
Packaged Foods
IPO Date
2016-07-08
Stock Exchange
HKSE
Ticker
1583.HK
According to Qinqin Foodstuffs Group (Cayman) Company Limited’s latest financial reports and current stock price. The company's current Current Ratio is 1.72. This represents a change of 17.90% compared to the average of 1.46 of the last 4 quarters.
The mean historical Current Ratio of Qinqin Foodstuffs Group (Cayman) Company Limited over the last ten years is 2.35. The current 1.72 Current Ratio has changed 7.20% with respect to the historical average. Over the past ten years (40 quarters), 1583.HK's Current Ratio was at its highest in in the June 2019 quarter at 5.58. The Current Ratio was at its lowest in in the January 2013 quarter at 0.
Average
2.35
Median
2.15
Minimum
1.15
Maximum
4.08
Discovering the peaks and valleys of Qinqin Foodstuffs Group (Cayman) Company 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 = 82.24%
Maximum Annual Current Ratio = 4.08
Minimum Annual Increase = -50.75%
Minimum Annual Current Ratio = 1.15
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.32 | 2.45% |
| 2023 | 1.29 | 12.36% |
| 2022 | 1.15 | -0.08% |
| 2021 | 1.15 | -42.94% |
| 2020 | 2.01 | -50.75% |
| 2019 | 4.08 | 5.72% |
| 2018 | 3.86 | 9.07% |
| 2017 | 3.54 | 55.04% |
| 2016 | 2.28 | -19.58% |
| 2015 | 2.84 | 82.24% |
The current Current Ratio of Qinqin Foodstuffs Group (Cayman) Company Limited (1583.HK) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
1.25
5-year avg
1.38
10-year avg
2.35
Qinqin Foodstuffs Group (Cayman) Company Limited’s Current Ratio is less than Vedan International (Holdings) Limited (3.72), less than Shenguan Holdings (Group) Limited (2.50), less than China Starch Holdings Limited (2.14), greater than Four Seas Mercantile Holdings Limited (1.15), less than Soft International Group Ltd. (0), greater than China Gingko Education Group Company Limited (0.40), less than China Xinhua Education Group Limited (4.06), greater than Global Bio-chem Technology Group Company Limited (0.35), less than Ocean One Holding Ltd. (18.22), greater than Shanghai Gench Education Group Limited (0.86),
| Company | Current Ratio | Market cap |
|---|---|---|
| 3.72 | $989.78M | |
| 2.50 | $839.92M | |
| 2.14 | $1.09B | |
| 1.15 | $1.04B | |
| 0 | $990.00M | |
| 0.40 | $1.04B | |
| 4.06 | $916.89M | |
| 0.35 | $620.35M | |
| 18.22 | $1.31B | |
| 0.86 | $1.13B |
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