China Gas Industry Investment Holdings Co. Ltd.

China Gas Industry Investment Holdings Co. Ltd.verified

1940.HK

Price:

$0.9

Market Cap:

$976.43M

China Gas Industry Investment Holdings Co., Ltd., an investment holding company, produces and sells industrial gas in the People's Republic of China. The company provides industrial gas products, which include oxygen, nitrogen, argon, hydrogen and carbon dioxide. It primarily engages in the supply of pipeline industrial gas, as well as liquefied industrial gas (LNG) principally to offsite independent third parties through road tanker delivery; and LNG-related business, which includes the supply of LNG and provision of gas transmission services. In addition, the company operates an automobile LNG filling station; and constructs industrial gas projects. It sells its liquefied industrial gas to...[Read more]

Industry

Regulated Gas

IPO Date

2020-12-29

Stock Exchange

HKSE

Ticker

1940.HK

The Current Ratio as of December 2025 (TTM) for China Gas Industry Investment Holdings Co. Ltd. (1940.HK) is 1.43

According to China Gas Industry Investment Holdings Co. Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.43. This represents a change of 1.03% compared to the average of 1.41 of the last 4 quarters.

China Gas Industry Investment Holdings Co. Ltd. (1940.HK) Historical Current Ratio (quarterly & annually)

How has 1940.HK Current Ratio performed in the past?

The mean historical Current Ratio of China Gas Industry Investment Holdings Co. Ltd. over the last ten years is 1.11. The current 1.43 Current Ratio has changed 12.71% with respect to the historical average. Over the past ten years (40 quarters), 1940.HK's Current Ratio was at its highest in in the December 2024 quarter at 1.54. The Current Ratio was at its lowest in in the January 2017 quarter at 0.

Quarterly (TTM)
Annual

Average

1.11

Median

1.03

Minimum

0.92

Maximum

1.54

China Gas Industry Investment Holdings Co. Ltd. (1940.HK) Current Ratio by Quarter and Year

Discovering the peaks and valleys of China Gas Industry Investment Holdings 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 = 20.29%

Maximum Annual Current Ratio = 1.54

Minimum Annual Increase = -1.80%

Minimum Annual Current Ratio = 0.92

Quarterly (TTM)
Annual
YearCurrent RatioChange
20241.5420.29%
20231.2810.84%
20221.1511.95%
20211.031.76%
20201.01-1.80%
20191.037.41%
20180.964.02%

China Gas Industry Investment Holdings Co. Ltd. (1940.HK) Average Current Ratio

How has 1940.HK Current Ratio performed in the past?

The current Current Ratio of China Gas Industry Investment Holdings Co. Ltd. (1940.HK) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

1.32

5-year avg

1.20

10-year avg

1.11

China Gas Industry Investment Holdings Co. Ltd. (1940.HK) Current Ratio vs. Peers

How is 1940.HK’s Current Ratio compared to its peers?

China Gas Industry Investment Holdings Co. Ltd.’s Current Ratio is greater than Beijing Gas Blue Sky Holdings Limited (0.29), greater than Kunming Dianchi Water Treatment Co., Ltd. (1.41), greater than JiaXing Gas Group Co., Ltd. (1.22), greater than Luzhou Xinglu Water (Group) Co., Ltd. (0.91), greater than Kangda International Environmental Company Limited (1.38), greater than Binhai Investment Company Limited (0.29), greater than China Water Industry Group Limited (1.28), less than Tianjin Jinran Public Utilities Company Limited (2.07), greater than Jy Gas Limited (1.41), less than Chinese People Holdings Company Limited (2.06),

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