Canggang Railway Limited

Canggang Railway Limitedverified

2169.HK

Price:

$0.69

Market Cap:

$2.43B

Canggang Railway Limited operates freight railway and railway yards in Hebei Province. The company provides rail freight transportation services through the Canggang Railway Line, which transports a range of cargo, primarily coal, as well as petroleum, ore, and other cargo, including PVC, asphalt, gravel, bauxite, and chemicals between Cangzhou and Port Huanghua. It also offers ancillary services comprising loading and unloading, as well as road freight transportation services. In addition, the company provides construction, maintenance, and repair services, primarily include the operation, repair, and maintenance of special service lines and railway roadbed and other railway facility constr...[Read more]

Industry

Railroads

IPO Date

2020-10-23

Stock Exchange

HKSE

Ticker

2169.HK

The Current Ratio as of December 2025 (TTM) for Canggang Railway Limited (2169.HK) is 1.28

According to Canggang Railway Limited’s latest financial reports and current stock price. The company's current Current Ratio is 1.28. This represents a change of -30.15% compared to the average of 1.83 of the last 4 quarters.

Canggang Railway Limited (2169.HK) Historical Current Ratio (quarterly & annually)

How has 2169.HK Current Ratio performed in the past?

The mean historical Current Ratio of Canggang Railway Limited over the last ten years is 1.26. The current 1.28 Current Ratio has changed 10.08% with respect to the historical average. Over the past ten years (40 quarters), 2169.HK's Current Ratio was at its highest in in the June 2024 quarter at 3.10. The Current Ratio was at its lowest in in the June 2017 quarter at 0.

Quarterly (TTM)
Annual

Average

1.26

Median

1.33

Minimum

0.48

Maximum

1.63

Canggang Railway Limited (2169.HK) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Canggang Railway 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 = 238.29%

Maximum Annual Current Ratio = 1.63

Minimum Annual Increase = -57.23%

Minimum Annual Current Ratio = 0.48

Quarterly (TTM)
Annual
YearCurrent RatioChange
20241.6323.50%
20231.32-1.76%
20221.3421.81%
20211.10-31.80%
20201.61238.29%
20190.48-57.23%
20181.11-23.54%

Canggang Railway Limited (2169.HK) Average Current Ratio

How has 2169.HK Current Ratio performed in the past?

The current Current Ratio of Canggang Railway Limited (2169.HK) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

1.43

5-year avg

1.40

10-year avg

1.26

Canggang Railway Limited (2169.HK) Current Ratio vs. Peers

How is 2169.HK’s Current Ratio compared to its peers?

Canggang Railway Limited’s Current Ratio is less than Chengdu Expressway Co., Ltd. (1.90), less than Pico Far East Holdings Limited (1.38), greater than Datang Environment Industry Group Co., Ltd. (1.25), greater than Horizon Construction Development (1.15), less than LC Logistics Inc (2.47), less than Tianjin Development Holdings Limited (2.09), greater than China Aircraft Leasing Group Holdings Limited (0.98), greater than Qilu Expressway Company Limited (0.48), less than Dida Inc. (3.19), less than FSE Lifestyle Services Limited (1.49),

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