2499.HK
Price:
$6.02
Market Cap:
$1.89B
Folangsi Co., Ltd., provides on-site logistics equipment solutions in China. It offers intralogistics equipment subscription; maintenance and repair services; sales of intralogistics equipment and parts; and an intelligent asset and operation management platform. The company's intralogistics equipment includes counterbalanced, reach, and warehouse forklifts. Folangsi Co., Ltd. was incorporated in 2007 and is headquartered in Guangzhou, China.
Industry
Agricultural - Machinery
IPO Date
Stock Exchange
HKSE
Ticker
2499.HK
According to Folangsi Co Ltd’s latest financial reports and current stock price. The company's current Current Ratio is 0.64. This represents a change of -5.66% compared to the average of 0.68 of the last 4 quarters.
The mean historical Current Ratio of Folangsi Co Ltd over the last ten years is 0.74. The current 0.64 Current Ratio has changed 8.54% with respect to the historical average. Over the past ten years (40 quarters), 2499.HK's Current Ratio was at its highest in in the December 2019 quarter at 0.88. The Current Ratio was at its lowest in in the June 2019 quarter at 0.
Average
0.74
Median
0.73
Minimum
0.62
Maximum
0.88
Discovering the peaks and valleys of Folangsi 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 = 31.08%
Maximum Annual Current Ratio = 0.88
Minimum Annual Increase = -29.39%
Minimum Annual Current Ratio = 0.62
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.64 | -15.46% |
| 2023 | 0.76 | 7.61% |
| 2022 | 0.70 | -13.97% |
| 2021 | 0.82 | 31.08% |
| 2020 | 0.62 | -29.39% |
The current Current Ratio of Folangsi Co Ltd (2499.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
0.70
5-year avg
0.71
10-year avg
0.74
Folangsi Co Ltd’s Current Ratio is less than Qingling Motors Co., Ltd. (2.86), less than Beijing Urban Construction Design & Development Group Co., Limited (1.24), less than Sino-Synergy Hydrogen Energy (2.53), less than Glorious Sun Enterprises Limited (2.28), less than Build King Holdings Limited (1.29), less than EVA Precision Industrial Holdings Limited (1.50), less than Chenqi Technology Limited (4.28), less than Baoye Group Company Limited (1.23), less than Hao Tian International Construction Investment Group Limited (2.02), less than Leoch International Technology Limited (1.07),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.86 | $2.04B | |
| 1.24 | $1.85B | |
| 2.53 | $1.85B | |
| 2.28 | $2.10B | |
| 1.29 | $1.79B | |
| 1.50 | $1.49B | |
| 4.28 | $1.92B | |
| 1.23 | $2.08B | |
| 2.02 | $943.11M | |
| 1.07 | $2.46B |
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