1996.HK
Price:
$0.034
Market Cap:
$103.02M
Redsun Properties Group Limited, together with its subsidiaries, engages in the property development business in the People's Republic of China. It operates through three segments: Property Development, Commercial Property Investment and Operations, and Hotel Operations. The company focuses on the development of residential properties; and development, operation, and management of commercial and other properties. It also leases properties; and operates hotels. The company was founded in 1999 and is headquartered in Shanghai, the People's Republic of China. Redsun Properties Group Limited is a subsidiary of Redsun Properties Group (Holdings) Limited.
Industry
Real Estate - Development
IPO Date
2018-07-12
Stock Exchange
HKSE
Ticker
1996.HK
According to Redsun Properties Group Limited’s latest financial reports and current stock price. The company's current Current Ratio is 0.84. This represents a change of -7.26% compared to the average of 0.91 of the last 4 quarters.
The mean historical Current Ratio of Redsun Properties Group Limited over the last ten years is 1.19. The current 0.84 Current Ratio has changed 7.00% with respect to the historical average. Over the past ten years (40 quarters), 1996.HK's Current Ratio was at its highest in in the June 2021 quarter at 1.40. The Current Ratio was at its lowest in in the January 2015 quarter at 0.
Average
1.19
Median
1.23
Minimum
0.87
Maximum
1.39
Discovering the peaks and valleys of Redsun Properties Group 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 = 12.99%
Maximum Annual Current Ratio = 1.39
Minimum Annual Increase = -19.72%
Minimum Annual Current Ratio = 0.87
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.87 | -11.72% |
| 2023 | 0.98 | -11.19% |
| 2022 | 1.11 | -19.72% |
| 2021 | 1.38 | -0.93% |
| 2020 | 1.39 | 6.37% |
| 2019 | 1.31 | -2.23% |
| 2018 | 1.34 | 6.10% |
| 2017 | 1.26 | 5.23% |
| 2016 | 1.20 | 12.99% |
The current Current Ratio of Redsun Properties Group Limited (1996.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
0.98
5-year avg
1.14
10-year avg
1.19
Redsun Properties Group Limited’s Current Ratio is less than SOCAM Development Limited (0.92), greater than Zhenro Properties Group Limited (0.83), less than Ganglong China Property Group Limited (1.57), greater than DIT Group Limited (0.64), less than Redsun Services Group Limited (2.11), greater than Yida China Holdings Limited (0.54), greater than Cosmopolitan International Holdings Limited (0), less than Legend Upstar Holdings Limited (2.68), greater than Yuzhou Group Holdings Company Limited (0.64), greater than Y. T. Realty Group Limited (0),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.92 | $134.40M | |
| 0.83 | $152.87M | |
| 1.57 | $126.50M | |
| 0.64 | $133.35M | |
| 2.11 | $166.00M | |
| 0.54 | $126.61M | |
| 0 | $151.38M | |
| 2.68 | $135.40M | |
| 0.64 | $119.85M | |
| 0 | $119.93M |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Redsun Properties Group Limited using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Redsun Properties Group Limited or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is Redsun Properties Group Limited's Current Ratio?
How is the Current Ratio calculated for Redsun Properties Group Limited (1996.HK)?
What is the highest Current Ratio for Redsun Properties Group Limited (1996.HK)?
What is the 3-year average Current Ratio for Redsun Properties Group Limited (1996.HK)?
What is the 5-year average Current Ratio for Redsun Properties Group Limited (1996.HK)?
How does the current Current Ratio for Redsun Properties Group Limited (1996.HK) compare to its historical average?