2889.HK
Price:
$181.1
Market Cap:
$22.82B
PATEO CONNECT Technology (Shanghai) Corp. provides smart cockpit solutions and vehicle connectivity support services. It also offers integrated capabilities in hardware, software and cloud-based vehicle connectivity. The company was founded by Zhen Kai Ying on October 20, 2009 and is headquartered in Shanghai, China.
Industry
Software - Services
IPO Date
2025-09-30
Stock Exchange
HKSE
Ticker
2889.HK
According to PATEO CONNECT Technology (Shanghai) Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 1.54. This represents a change of 4.16% compared to the average of 1.47 of the last 4 quarters.
The mean historical Current Ratio of PATEO CONNECT Technology (Shanghai) Corporation over the last ten years is 1.43. The current 1.54 Current Ratio has changed 10.64% with respect to the historical average. Over the past ten years (40 quarters), 2889.HK's Current Ratio was at its highest in in the May 2025 quarter at 1.47. The Current Ratio was at its lowest in in the May 2025 quarter at 1.47.
Average
1.43
Median
1.52
Minimum
1.23
Maximum
1.54
Discovering the peaks and valleys of PATEO CONNECT Technology (Shanghai) Corporation 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 = 24.51%
Maximum Annual Current Ratio = 1.54
Minimum Annual Increase = -18.92%
Minimum Annual Current Ratio = 1.23
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.54 | 24.51% |
| 2023 | 1.23 | -18.92% |
The current Current Ratio of PATEO CONNECT Technology (Shanghai) Corporation (2889.HK) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.43
5-year avg
1.43
10-year avg
1.43
PATEO CONNECT Technology (Shanghai) Corporation’s Current Ratio is greater than TCL Electronics Holdings Limited (1.10), greater than Kingsoft Cloud Holdings Limited (0.93), greater than Legend Holdings Corporation (0.70), less than Fortior (0), less than Beijing Geekplus Technology Co., Ltd. – Warrant (0), less than Beijing Fourth Paradigm Tech (3.97), greater than Cowell e Holdings Inc. (1.54), less than Robosense Technology Co., Ltd (4.92), less than TravelSky Technology Limited (3.03), less than Newborn Town Inc. (2.30),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.10 | $28.06B | |
| 0.93 | $25.65B | |
| 0.70 | $22.34B | |
| 0 | $18.22B | |
| 0 | $33.22B | |
| 3.97 | $21.16B | |
| 1.54 | $25.57B | |
| 4.92 | $15.43B | |
| 3.03 | $31.22B | |
| 2.30 | $12.88B |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like PATEO CONNECT Technology (Shanghai) Corporation using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like PATEO CONNECT Technology (Shanghai) Corporation or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is PATEO CONNECT Technology (Shanghai) Corporation's Current Ratio?
How is the Current Ratio calculated for PATEO CONNECT Technology (Shanghai) Corporation (2889.HK)?
What is the highest Current Ratio for PATEO CONNECT Technology (Shanghai) Corporation (2889.HK)?
What is the 3-year average Current Ratio for PATEO CONNECT Technology (Shanghai) Corporation (2889.HK)?
What is the 5-year average Current Ratio for PATEO CONNECT Technology (Shanghai) Corporation (2889.HK)?
How does the current Current Ratio for PATEO CONNECT Technology (Shanghai) Corporation (2889.HK) compare to its historical average?