2722.HK
Price:
$1.94
Market Cap:
$6.46B
Chongqing Machinery & Electric Co., Ltd., together with its subsidiaries, designs, manufactures, and sells clean energy equipment and high-end smart manufacturing equipment. It manufactures and sells engines, hydroelectric generation equipment, electrical wires and cables, general machinery, machinery tools, high-voltage transformers, and other products. The company also designs, manufactures, and sells vehicle parts and components; industrial robots, intelligent equipment, etc.; processes electronic products; develops, produces, and leases laser, machinery, and testing equipment; turbines, governors, and auxiliary devices; gear processing machine tools and lathes; automation, intelligent eq...[Read more]
Industry
Industrial - Machinery
IPO Date
2008-06-13
Stock Exchange
HKSE
Ticker
2722.HK
According to Chongqing Machinery & Electric Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.40. This represents a change of -7.63% compared to the average of 1.51 of the last 4 quarters.
The mean historical Current Ratio of Chongqing Machinery & Electric Co., Ltd. over the last ten years is 1.52. The current 1.40 Current Ratio has changed 9.11% with respect to the historical average. Over the past ten years (40 quarters), 2722.HK's Current Ratio was at its highest in in the December 2011 quarter at 1.81. The Current Ratio was at its lowest in in the January 2007 quarter at 0.
Average
1.52
Median
1.52
Minimum
1.33
Maximum
1.65
Discovering the peaks and valleys of Chongqing Machinery & Electric 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 = 15.20%
Maximum Annual Current Ratio = 1.65
Minimum Annual Increase = -17.88%
Minimum Annual Current Ratio = 1.33
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.52 | -4.78% |
| 2023 | 1.60 | 5.64% |
| 2022 | 1.51 | -8.04% |
| 2021 | 1.65 | 8.77% |
| 2020 | 1.51 | 2.59% |
| 2019 | 1.48 | -5.61% |
| 2018 | 1.56 | 5.16% |
| 2017 | 1.49 | -3.02% |
| 2016 | 1.53 | 15.20% |
| 2015 | 1.33 | -17.88% |
The current Current Ratio of Chongqing Machinery & Electric Co., Ltd. (2722.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
1.55
5-year avg
1.56
10-year avg
1.52
Chongqing Machinery & Electric Co., Ltd.’s Current Ratio is less than Beijing Jingcheng Machinery Electric Company Limited (1.89), greater than Yuexiu Transport Infrastructure Limited (0.58), less than L.K. Technology Holdings Limited (1.51), less than Impro Precision Industries Limited (1.72), greater than Shenzhen Investment Holdings Bay Area Development Company Limited (0.41), less than Honbridge Holdings Limited (4.07), greater than Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. (1.12), less than Chervon Holdings Limited (2.15), less than PAX Global Technology Limited (5.89), less than COSCO SHIPPING International (Hong Kong) Co., Ltd. (5.23),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.89 | $5.83B | |
| 0.58 | $7.73B | |
| 1.51 | $4.60B | |
| 1.72 | $8.98B | |
| 0.41 | $5.70B | |
| 4.07 | $6.82B | |
| 1.12 | $2.74B | |
| 2.15 | $10.85B | |
| 5.89 | $5.55B | |
| 5.23 | $9.05B |
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