2892.HK
Price:
$0.34
Market Cap:
$231.54M
Million Cities Holdings Limited, an investment holding company, develops and sells properties in the People's Republic of China. The company primarily focuses on the development of properties that are principally for residential use mixed with ancillary facilities. It also sells developed properties; leases developed and unsold developed properties, such as kindergarten and retail stores; and manages properties. The company was founded in 2003 and is headquartered in Tai Po, Hong Kong. Million Cities Holdings Limited is a subsidiary of Happy Family Trust.
Industry
Real Estate - Development
IPO Date
2018-12-20
Stock Exchange
HKSE
Ticker
2892.HK
According to Million Cities Holdings Limited’s latest financial reports and current stock price. The company's current Current Ratio is 1.56. This represents a change of 2.73% compared to the average of 1.51 of the last 4 quarters.
The mean historical Current Ratio of Million Cities Holdings Limited over the last ten years is 1.27. The current 1.56 Current Ratio has changed 12.11% with respect to the historical average. Over the past ten years (40 quarters), 2892.HK's Current Ratio was at its highest in in the June 2025 quarter at 1.56. The Current Ratio was at its lowest in in the January 2015 quarter at 0.
Average
1.27
Median
1.27
Minimum
1.00
Maximum
1.49
Discovering the peaks and valleys of Million Cities 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 = 23.46%
Maximum Annual Current Ratio = 1.49
Minimum Annual Increase = -1.40%
Minimum Annual Current Ratio = 1.00
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.49 | 1.87% |
| 2023 | 1.47 | -0.74% |
| 2022 | 1.48 | 5.21% |
| 2021 | 1.41 | 10.39% |
| 2020 | 1.27 | 0.34% |
| 2019 | 1.27 | -0.35% |
| 2018 | 1.27 | 23.46% |
| 2017 | 1.03 | -1.40% |
| 2016 | 1.05 | 4.09% |
The current Current Ratio of Million Cities Holdings Limited (2892.HK) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.48
5-year avg
1.42
10-year avg
1.27
Million Cities Holdings Limited’s Current Ratio is greater than Ronshine China Holdings Limited (0.87), less than Weiye Holdings Limited (1.57), greater than Lai Fung Holdings Limited (0), greater than JY Grandmark Holdings Limited (1.15), greater than Times China Holdings Limited (0.79), less than Chuang's China Investments Limited (8.95), greater than Zhongliang Holdings Group Company Limited (1.14), greater than Central China Real Estate Limited (0.81), greater than CNQC International Holdings Limited (1.24), less than Jiande International Holdings Limited (3.41),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.87 | $234.00M | |
| 1.57 | $451.11M | |
| 0 | $331.03M | |
| 1.15 | $243.63M | |
| 0.79 | $275.32M | |
| 8.95 | $258.17M | |
| 1.14 | $330.08M | |
| 0.81 | $206.66M | |
| 1.24 | $286.96M | |
| 3.41 | $210.17M |
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