600048.SS
Price:
$7.18
Market Cap:
$85.19B
Poly Developments and Holdings Group Co., Ltd. develops, invests in, operates, and manages real estate properties in China and internationally. The company develops residential and office buildings, hotels, shopping centers, etc. It also engages in the construction and agency businesses; exhibition services and venue rental business; catering business; Mercure business; and provision of engineering design, supervision, and consulting services. Poly Developments and Holdings Group Co., Ltd. was founded in 1992 and is headquartered in Guangzhou, China.
Industry
Real Estate - Development
IPO Date
2006-07-31
Stock Exchange
SHH
Ticker
600048.SS
According to Poly Developments and Holdings Group Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.66. This represents a change of 0.88% compared to the average of 1.64 of the last 4 quarters.
The mean historical Current Ratio of Poly Developments and Holdings Group Co., Ltd. over the last ten years is 1.63. The current 1.66 Current Ratio has changed 10.08% with respect to the historical average. Over the past ten years (40 quarters), 600048.SS's Current Ratio was at its highest in in the March 2018 quarter at 1.85. The Current Ratio was at its lowest in in the December 2020 quarter at 1.51.
Average
1.63
Median
1.59
Minimum
1.51
Maximum
1.78
Discovering the peaks and valleys of Poly Developments and Holdings Group 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 = 3.60%
Maximum Annual Current Ratio = 1.78
Minimum Annual Increase = -9.32%
Minimum Annual Current Ratio = 1.51
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.62 | 3.60% |
| 2023 | 1.56 | 0.97% |
| 2022 | 1.54 | 1.35% |
| 2021 | 1.52 | 0.79% |
| 2020 | 1.51 | -3.26% |
| 2019 | 1.56 | -9.32% |
| 2018 | 1.72 | -3.23% |
| 2017 | 1.78 | 2.61% |
| 2016 | 1.73 | 0.05% |
| 2015 | 1.73 | -7.42% |
The current Current Ratio of Poly Developments and Holdings Group Co., Ltd. (600048.SS) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.57
5-year avg
1.55
10-year avg
1.63
Poly Developments and Holdings Group Co., Ltd.’s Current Ratio is greater than China Merchants Shekou Industrial Zone Holdings Co., Ltd. (1.58), greater than China Vanke Co., Ltd. (1.31), greater than Zhejiang China Commodities City Group Co., Ltd. (0.61), greater than Shanghai Zhangjiang Hi-Tech Park Development Co., Ltd. (1.03), greater than Seazen Holdings Co., Ltd (0), greater than Shanghai Lujiazui Finance & Trade Zone Development Co., Ltd. (1.10), greater than Hangzhou Binjiang Real Estate Group Co.,Ltd (1.29), less than Hainan Airport Infrastructure Co., Ltd (2.19), greater than Quzhou Xin'an Development Co.,Ltd. Class A (1.15), less than Tibet Urban Development and Investment Co.,LTD (1.77),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.58 | $84.45B | |
| 1.31 | $73.23B | |
| 0.61 | $96.57B | |
| 1.03 | $62.43B | |
| 0 | $31.20B | |
| 1.10 | $36.96B | |
| 1.29 | $32.67B | |
| 2.19 | $63.18B | |
| 1.15 | $35.75B | |
| 1.77 | $12.23B |
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