2322.HK
Price:
$0.071
Market Cap:
$313.86M
Established in 2002 and headquartered in Wan Chai, Hong Kong, Hong Kong ChaoShang Group Limited operates as an investment holding company, conducting a range of business activities across the People's Republic of China and Hong Kong. The company's diverse operations are structured into several segments, including trading, money lending and factoring, finance leasing, and various financial services. Its trading division deals in products such as electronic goods, seafood, frozen food, methanol, and mould. Financial offerings extend to factoring, entrusted loans, finance leasing, and sale-leaseback services. Additionally, the group provides a comprehensive suite of financial solutions, encompa...[Read more]
Industry
Marine Shipping
IPO Date
2003-04-09
Stock Exchange
HKSE
Ticker
2322.HK
According to Modern Innovative Digital Technology Company Limited’s latest financial reports and current stock price. The company's current Current Ratio is 9.15. This represents a change of -30.25% compared to the average of 13.11 of the last 4 quarters.
The mean historical Current Ratio of Modern Innovative Digital Technology Company Limited over the last ten years is 9.51. The current 9.15 Current Ratio has changed 9.52% with respect to the historical average. Over the past ten years (40 quarters), 2322.HK's Current Ratio was at its highest in in the September 2014 quarter at 61.84. The Current Ratio was at its lowest in in the September 2006 quarter at 0.
Average
9.51
Median
9.24
Minimum
2.99
Maximum
16.91
Discovering the peaks and valleys of Modern Innovative Digital Technology Company 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 = 105.02%
Maximum Annual Current Ratio = 16.91
Minimum Annual Increase = -45.90%
Minimum Annual Current Ratio = 2.99
| Year | Current Ratio | Change |
|---|---|---|
| 2026 | 9.15 | -45.90% |
| 2025 | 16.91 | 27.61% |
| 2024 | 13.25 | 41.92% |
| 2023 | 9.34 | -21.09% |
| 2022 | 11.83 | 61.88% |
| 2021 | 7.31 | -12.11% |
| 2020 | 8.31 | -22.58% |
| 2019 | 10.74 | 105.02% |
| 2018 | 5.24 | 75.25% |
| 2017 | 2.99 | -12.66% |
The current Current Ratio of Modern Innovative Digital Technology Company Limited (2322.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
13.10
5-year avg
12.09
10-year avg
9.51
Modern Innovative Digital Technology Company Limited’s Current Ratio is greater than China Infrastructure & Logistics Group Ltd. (0.54), greater than Asia Energy Logistics Group Limited (7.33), greater than Xinyi Electric Storage Holdings Limited (1.03), greater than Chinney Kin Wing Holdings Limited (1.37), greater than Renze Harvest International Limited (1.51), greater than YTO International Express and Supply Chain Technology Limited (2.27), less than Hollwin Urban Operation Service Group Co., Ltd (941.89), greater than Baguio Green Group Limited (1.62), greater than Dragon Rise Group Holdings Limited (2.58), greater than Ruichang Intl (1.85),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.54 | $465.77M | |
| 7.33 | $538.64M | |
| 1.03 | $267.08M | |
| 1.37 | $397.50M | |
| 1.51 | $370.00M | |
| 2.27 | $604.00M | |
| 941.89 | $448.00M | |
| 1.62 | $311.25M | |
| 2.58 | $498.24M | |
| 1.85 | $592.50M |
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