1596.HK
Price:
$0.65
Market Cap:
$522.89M
Hebei Yichen Industrial Group Corporation Limited provides rail fastening systems to the railway industry in the People's Republic of China. It operates through three segments: Rail Fastening System Products, Flux Cored Wire Products, and Railway Sleeper Products. The company offers high speed rail fastening system, metro series, traditional track series, and heavy haul railway series products, as well as flux cored wire products to the shipbuilding industry; and railway sleeper products. It primarily sells its flux cored wire products through direct sales and e-commerce platforms. Hebei Yichen Industrial Group Corporation Limited was incorporated in 2001 and is headquartered in Shijiazhuang...[Read more]
Industry
Railroads
IPO Date
2016-12-22
Stock Exchange
HKSE
Ticker
1596.HK
According to Hebei Yichen Industrial Group Corporation Limited’s latest financial reports and current stock price. The company's current Current Ratio is 3.09. This represents a change of 17.03% compared to the average of 2.64 of the last 4 quarters.
The mean historical Current Ratio of Hebei Yichen Industrial Group Corporation Limited over the last ten years is 2.61. The current 3.09 Current Ratio has changed 11.73% with respect to the historical average. Over the past ten years (40 quarters), 1596.HK's Current Ratio was at its highest in in the June 2019 quarter at 3.29. The Current Ratio was at its lowest in in the January 2013 quarter at 0.
Average
2.61
Median
2.58
Minimum
2.09
Maximum
3.12
Discovering the peaks and valleys of Hebei Yichen Industrial Group Corporation 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 = 37.84%
Maximum Annual Current Ratio = 3.12
Minimum Annual Increase = -21.49%
Minimum Annual Current Ratio = 2.09
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 2.69 | 11.16% |
| 2023 | 2.42 | 1.74% |
| 2022 | 2.38 | -21.49% |
| 2021 | 3.03 | 27.21% |
| 2020 | 2.38 | -6.74% |
| 2019 | 2.55 | -18.20% |
| 2018 | 3.12 | 19.98% |
| 2017 | 2.60 | -9.52% |
| 2016 | 2.88 | 37.84% |
| 2015 | 2.09 | 24.49% |
The current Current Ratio of Hebei Yichen Industrial Group Corporation Limited (1596.HK) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
2.50
5-year avg
2.58
10-year avg
2.61
Hebei Yichen Industrial Group Corporation Limited’s Current Ratio is greater than Loco Hong Kong Holdings Limited (1.06), greater than Wai Kee Holdings Limited (1.36), greater than Infinity Logistics and Transport Ventures Limited (1.77), greater than MECOM Power and Construction Limited (1.42), greater than China PengFei Group Limited (1.25), greater than China Infrastructure & Logistics Group Ltd. (0.55), less than Asia Energy Logistics Group Limited (8.84), greater than Cornerstone Technologies Holdings Limited (0.68), greater than Ruichang Intl (1.78), greater than VSING Limited (2.00),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.06 | $398.11M | |
| 1.36 | $737.61M | |
| 1.77 | $701.76M | |
| 1.42 | $569.24M | |
| 1.25 | $665.00M | |
| 0.55 | $569.27M | |
| 8.84 | $558.59M | |
| 0.68 | $673.02M | |
| 1.78 | $490.00M | |
| 2.00 | $501.42M |
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