1623.HK
Price:
$0.204
Market Cap:
$314.23M
Hilong Holding Limited, an investment holding company, provides oil field equipment and services worldwide. The company operates through Oilfield Equipment Manufacturing and Services, Line Pipe Technology and Services, Oilfield Services, and Offshore Engineering Services segments. The Oilfield Equipment Manufacturing and Services segment produces and sells oilfield equipment; and offers oil country tubular goods (OCTG) coating services. The Line Pipe Technology and Services segment provides services related to oil and gas pipeline; and produces coating materials for anticorrosive and anti-friction purposes. The Oilfield Services segment offers well drilling services; integrated comprehensive...[Read more]
Industry
Oil & Gas Equipment & Services
IPO Date
2011-04-21
Stock Exchange
HKSE
Ticker
1623.HK
According to Hilong Holding Limited’s latest financial reports and current stock price. The company's current Current Ratio is 1.11. This represents a change of -2.42% compared to the average of 1.14 of the last 4 quarters.
The mean historical Current Ratio of Hilong Holding Limited over the last ten years is 1.73. The current 1.11 Current Ratio has changed 6.29% with respect to the historical average. Over the past ten years (40 quarters), 1623.HK's Current Ratio was at its highest in in the June 2022 quarter at 2.83. The Current Ratio was at its lowest in in the January 2009 quarter at 0.
Average
1.73
Median
1.50
Minimum
0.99
Maximum
2.74
Discovering the peaks and valleys of Hilong Holding 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 = 176.44%
Maximum Annual Current Ratio = 2.74
Minimum Annual Increase = -54.69%
Minimum Annual Current Ratio = 0.99
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.10 | -5.77% |
| 2023 | 1.17 | -54.69% |
| 2022 | 2.58 | -5.90% |
| 2021 | 2.74 | 176.44% |
| 2020 | 0.99 | -32.34% |
| 2019 | 1.47 | -34.69% |
| 2018 | 2.25 | 3.99% |
| 2017 | 2.16 | 40.96% |
| 2016 | 1.53 | 13.41% |
| 2015 | 1.35 | -28.11% |
The current Current Ratio of Hilong Holding Limited (1623.HK) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
1.62
5-year avg
1.72
10-year avg
1.73
Hilong Holding Limited’s Current Ratio is less than SPT Energy Group Inc. (1.38), less than Energy International Investments Holdings Limited (3.14), greater than Shengli Oil & Gas Pipe Holdings Limited (0.77), greater than China Energy Development Holdings Limited (0.57), greater than IRICO Group New Energy Company Limited (0.64), less than CHK Oil Limited (2.27), less than Solargiga Energy Holdings Limited (1.14), greater than Yanchang Petroleum International Limited (0.81), greater than Feishang Anthracite Resources Limited (0.05), less than Huili Resources (Group) Limited (1.76),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.38 | $386.89M | |
| 3.14 | $351.18M | |
| 0.77 | $302.20M | |
| 0.57 | $440.99M | |
| 0.64 | $354.41M | |
| 2.27 | $230.38M | |
| 1.14 | $282.52M | |
| 0.81 | $396.04M | |
| 0.05 | $153.24M | |
| 1.76 | $506.86M |
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