2358.HK
Price:
$0.012
Market Cap:
$65.66M
Jiu Rong Holdings Limited, an investment holding company, engages in the research, development, manufacture, and sale of digital televisions (TVs), high definition liquid crystal display TVs, and set-top boxes in the People's Republic of China and Hong Kong. The company operates through six segments: Digital Video Business, New Energy Vehicles Business, Cloud Ecological Big Data Business, Properties Development, Properties Investments, and General Trading. It also provides solutions, such as integration of telecommunication, TV, and internet in the digital audio visual industry. In addition, the company is involved in the construction, application, and management of new energy vehicles and r...[Read more]
Industry
Consumer Electronics
IPO Date
2004-07-15
Stock Exchange
HKSE
Ticker
2358.HK
According to Jiu Rong Holdings Limited’s latest financial reports and current stock price. The company's current Current Ratio is 0.47. This represents a change of -9.15% compared to the average of 0.52 of the last 4 quarters.
The mean historical Current Ratio of Jiu Rong Holdings Limited over the last ten years is 1.19. The current 0.47 Current Ratio has changed 3.86% with respect to the historical average. Over the past ten years (40 quarters), 2358.HK's Current Ratio was at its highest in in the December 2016 quarter at 4.06. The Current Ratio was at its lowest in in the June 2005 quarter at 0.
Average
1.19
Median
0.71
Minimum
0.47
Maximum
4.06
Discovering the peaks and valleys of Jiu Rong Holdings 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 = 80.46%
Maximum Annual Current Ratio = 4.06
Minimum Annual Increase = -71.76%
Minimum Annual Current Ratio = 0.47
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.47 | -7.66% |
| 2023 | 0.51 | -21.20% |
| 2022 | 0.65 | -8.10% |
| 2021 | 0.70 | -8.35% |
| 2020 | 0.77 | 31.15% |
| 2019 | 0.58 | -19.26% |
| 2018 | 0.72 | -36.84% |
| 2017 | 1.15 | -71.76% |
| 2016 | 4.06 | 80.46% |
| 2015 | 2.25 | -8.54% |
The current Current Ratio of Jiu Rong Holdings Limited (2358.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
0.54
5-year avg
0.62
10-year avg
1.19
Jiu Rong Holdings Limited’s Current Ratio is less than China United Venture Investment Limited (1.34), less than Jolimark Holdings Limited (0.60), less than Contel Technology Company Limited (1.15), less than Digital Hollywood Interactive Limited (3.36), less than OneForce Holdings Limited (1.77), less than China Fortune Holdings Limited (0.76), less than Mobicon Group Limited (2.05), less than Atlinks Group Limited (1.15), less than Vodatel Networks Holdings Limited (1.49), less than Tongda Hong Tai Holdings Limited (2.66),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.34 | $61.95M | |
| 0.60 | $43.51M | |
| 1.15 | $74.63M | |
| 3.36 | $77.97M | |
| 1.77 | $65.39M | |
| 0.76 | $58.32M | |
| 2.05 | $82.00M | |
| 1.15 | $72.00M | |
| 1.49 | $77.01M | |
| 2.66 | $66.37M |
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