1785.HK
Price:
$2.11
Market Cap:
$3.17B
Chengdu Expressway Co., Ltd. engages in the development, operation, and management of expressways located in Chengdu, Sichuan province, China. It operates in two segments, Expressway and Energy. As of March 24, 2022, the company owned five expressways, which include the Chengguan Expressway, Chengpeng Expressway, Chengwenqiong Expressway, Qiongming Expressway, and Chengdu Airport Expressway, and held equity interest in Chengbei Exit Expressway with a total network mileage of 202.37 kilometers. It is also involved in the retail of refined oil, and operation of compressed natural gas stations and vehicle charging facilities. The company was formerly known as Chengdu Chengguan Expressway Co., L...[Read more]
Industry
Industrial - Infrastructure Operations
IPO Date
2019-01-15
Stock Exchange
HKSE
Ticker
1785.HK
According to Chengdu Expressway Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.90. This represents a change of -24.15% compared to the average of 2.50 of the last 4 quarters.
The mean historical Current Ratio of Chengdu Expressway Co., Ltd. over the last ten years is 1.66. The current 1.90 Current Ratio has changed 11.34% with respect to the historical average. Over the past ten years (40 quarters), 1785.HK's Current Ratio was at its highest in in the September 2024 quarter at 2.81. The Current Ratio was at its lowest in in the June 2015 quarter at 0.
Average
1.66
Median
1.53
Minimum
0.93
Maximum
2.66
Discovering the peaks and valleys of Chengdu Expressway 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 = 59.98%
Maximum Annual Current Ratio = 2.66
Minimum Annual Increase = -37.82%
Minimum Annual Current Ratio = 0.93
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 2.66 | 9.31% |
| 2023 | 2.44 | 59.98% |
| 2022 | 1.52 | -1.38% |
| 2021 | 1.54 | 21.04% |
| 2020 | 1.28 | -1.24% |
| 2019 | 1.29 | 39.39% |
| 2018 | 0.93 | -8.11% |
| 2017 | 1.01 | -37.82% |
| 2016 | 1.62 | -29.98% |
The current Current Ratio of Chengdu Expressway Co., Ltd. (1785.HK) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
2.21
5-year avg
1.89
10-year avg
1.66
Chengdu Expressway Co., Ltd.’s Current Ratio is greater than Qilu Expressway Company Limited (0.48), greater than Datang Environment Industry Group Co., Ltd. (1.25), greater than Canggang Railway Limited (1.28), greater than Pico Far East Holdings Limited (1.38), less than LC Logistics Inc (2.47), greater than China Aircraft Leasing Group Holdings Limited (0.98), greater than Horizon Construction Development (1.15), greater than China High Speed Transmission Equipment Group Co., Ltd. (1.40), less than Tianjin Development Holdings Limited (2.09), less than Dida Inc. (3.19),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.48 | $3.64B | |
| 1.25 | $3.59B | |
| 1.28 | $2.68B | |
| 1.38 | $3.42B | |
| 2.47 | $2.91B | |
| 0.98 | $3.48B | |
| 1.15 | $3.58B | |
| 1.40 | $2.80B | |
| 2.09 | $2.63B | |
| 3.19 | $2.75B |
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