300973.SZ
Price:
$41.25
Market Cap:
$6.87B
Ligao Foods Co.Ltd together with its subsidiaries, engages in the research and development, production, and selling of bakery and frozen baked foods in China. It offers cream, chocolate, fruit product, and snack food filling series. The company also provides cream series comprising of chocolate and mousse powder. In addition, the company offers fruit soluble series, such as concentrated fruit drink, fiber, sunflower jam, fruit melting, and juice beverage concentrate series, as well as snack food series. The company was founded in 2000 and is headquartered in Guangzhou, China.
Industry
Packaged Foods
IPO Date
2021-04-15
Stock Exchange
SHZ
Ticker
300973.SZ
According to Ligao Foods Co.Ltd’s latest financial reports and current stock price. The company's current Current Ratio is 1.88. This represents a change of -8.13% compared to the average of 2.05 of the last 4 quarters.
The mean historical Current Ratio of Ligao Foods Co.Ltd over the last ten years is 1.85. The current 1.88 Current Ratio has changed 10.08% with respect to the historical average. Over the past ten years (40 quarters), 300973.SZ's Current Ratio was at its highest in in the June 2023 quarter at 4.19. The Current Ratio was at its lowest in in the September 2019 quarter at 0.
Average
1.85
Median
1.66
Minimum
0.89
Maximum
3.46
Discovering the peaks and valleys of Ligao Foods 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 = 94.78%
Maximum Annual Current Ratio = 3.46
Minimum Annual Increase = -49.60%
Minimum Annual Current Ratio = 0.89
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.74 | -49.60% |
| 2023 | 3.46 | 94.78% |
| 2022 | 1.78 | -35.67% |
| 2021 | 2.76 | 77.54% |
| 2020 | 1.56 | -0.91% |
| 2019 | 1.57 | 53.63% |
| 2018 | 1.02 | 14.21% |
The current Current Ratio of Ligao Foods Co.Ltd (300973.SZ) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages
3-year avg
2.33
5-year avg
2.26
10-year avg
1.85
Ligao Foods Co.Ltd’s Current Ratio is greater than Xinjiang Guannong Fruit & Antler Co.,Ltd. (1.77), less than Sirio Pharma Co., Ltd. (1.89), less than Zhongyin Babi Food Co., Ltd. (2.63), less than Shenzhen Cereals Holdings Co., Ltd. (2.15), greater than Beingmate Co., Ltd. (1.10), greater than Beijing Sanyuan Foods Co., Ltd. (0.67), less than Namchow Food Group (Shanghai) Co., Ltd. (3.35), greater than Yantai Shuangta Food Co., Ltd. (1.12), less than YouYou Foods Co., Ltd. (3.31), greater than Shanghai Bright Meat Group Co. Ltd. Class A (1.22),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.77 | $6.97B | |
| 1.89 | $7.71B | |
| 2.63 | $6.99B | |
| 2.15 | $7.78B | |
| 1.10 | $6.83B | |
| 0.67 | $8.75B | |
| 3.35 | $8.99B | |
| 1.12 | $6.72B | |
| 3.31 | $5.59B | |
| 1.22 | $6.17B |
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