3990.HK
Price:
$4.13
Market Cap:
$5.35B
Midea Real Estate Holding Limited, an investment holding company, operates as a property developer in the People's Republic of China. The company operates through four segments: Property Development and Sales; Property Management Services; Investment and Operation of Commercial Properties; and Real Estate Technologies. It develops and sells residential and industrial properties, as well as provides property management services; and invests in and operates commercial properties, such as urban complexes, community centers, long-term rental apartments, hotel, and cultural-tourism projects. The company also offers smart home and smart communities services; and process design consultation and int...[Read more]
Industry
Real Estate - Services
IPO Date
2018-10-11
Stock Exchange
HKSE
Ticker
3990.HK
According to Midea Real Estate Holding Limited’s latest financial reports and current stock price. The company's current Current Ratio is 0.91. This represents a change of -22.13% compared to the average of 1.16 of the last 4 quarters.
The mean historical Current Ratio of Midea Real Estate Holding Limited over the last ten years is 1.32. The current 0.91 Current Ratio has changed 6.78% with respect to the historical average. Over the past ten years (40 quarters), 3990.HK's Current Ratio was at its highest in in the June 2019 quarter at 1.43. The Current Ratio was at its lowest in in the June 2017 quarter at 0.
Average
1.32
Median
1.30
Minimum
1.11
Maximum
1.51
Discovering the peaks and valleys of Midea Real Estate Holding 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 = 21.00%
Maximum Annual Current Ratio = 1.51
Minimum Annual Increase = -14.25%
Minimum Annual Current Ratio = 1.11
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.11 | -14.25% |
| 2023 | 1.30 | 0.74% |
| 2022 | 1.29 | 2.28% |
| 2021 | 1.26 | -3.03% |
| 2020 | 1.30 | -3.35% |
| 2019 | 1.34 | -3.89% |
| 2018 | 1.40 | -7.07% |
| 2017 | 1.51 | 3.06% |
| 2016 | 1.46 | 21.00% |
The current Current Ratio of Midea Real Estate Holding Limited (3990.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
1.23
5-year avg
1.25
10-year avg
1.32
Midea Real Estate Holding Limited’s Current Ratio is less than Binjiang Service Group Co. Ltd. (1.35), less than Miramar Hotel and Investment Company, Limited (8.05), less than Greentown Management Holdings Company Limited (1.54), less than Tian An China Investments Company Limited (1.15), greater than GR Life Style Company Limited (0.78), less than K. Wah International Holdings Limited (2.73), less than Tomson Group Limited (1.79), greater than Beijing North Star Company Limited (0), less than Poly Property Group Co., Limited (1.83), less than Shenzhen Investment Limited (1.27),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.35 | $6.64B | |
| 8.05 | $6.92B | |
| 1.54 | $5.66B | |
| 1.15 | $6.71B | |
| 0.78 | $9.37B | |
| 2.73 | $6.68B | |
| 1.79 | $5.69B | |
| 0 | $5.29B | |
| 1.83 | $7.64B | |
| 1.27 | $7.39B |
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 Midea Real Estate Holding Limited 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 Midea Real Estate Holding Limited 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 Midea Real Estate Holding Limited's Current Ratio?
How is the Current Ratio calculated for Midea Real Estate Holding Limited (3990.HK)?
What is the highest Current Ratio for Midea Real Estate Holding Limited (3990.HK)?
What is the 3-year average Current Ratio for Midea Real Estate Holding Limited (3990.HK)?
What is the 5-year average Current Ratio for Midea Real Estate Holding Limited (3990.HK)?
How does the current Current Ratio for Midea Real Estate Holding Limited (3990.HK) compare to its historical average?