Guangzhou Development Group Incorporated

Guangzhou Development Group Incorporated - Current Ratioverified

600098.SS

Price:

$6.25

Market Cap:

$21.91B

Established in Guangzhou, China, in 1997, Guangzhou Development Group Incorporated operates a diverse portfolio within the energy sector throughout China. The company's core activities include the generation and sale of thermal electricity, boasting an impressive installed capacity of 4,045,800 kilowatts. Beyond this, it is responsible for natural gas distribution via its extensive pipeline network, provides coal supplies, and undertakes the development of oil storage facilities. Additionally, the group is committed to renewable energy production, harnessing wind, waste, biomass, and solar power for electricity generation, and pursuing other sustainable energy initiatives. Guangzhou Developm...[Read more]

Industry

Regulated Electric

IPO Date

1997-07-18

Stock Exchange

SHH

Ticker

600098.SS

The Current Ratio as of August 2026 (TTM) for Guangzhou Development Group Incorporated (600098.SS) is 0.69

According to Guangzhou Development Group Incorporated’s latest financial reports and current stock price. The company's current Current Ratio is 0.69. This represents a change of 2.43% compared to the average of 0.67 of the last 4 quarters.

Guangzhou Development Group Incorporated (600098.SS) Historical Current Ratio (quarterly & annually)

How has 600098.SS Current Ratio performed in the past?

The mean historical Current Ratio of Guangzhou Development Group Incorporated over the last ten years is 0.94. The current 0.69 Current Ratio has changed 7.24% with respect to the historical average. Over the past ten years (40 quarters), 600098.SS's Current Ratio was at its highest in in the September 2023 quarter at 1.32. The Current Ratio was at its lowest in in the March 2017 quarter at 0.66.

Quarterly (TTM)
Annual

Average

0.94

Median

0.89

Minimum

0.66

Maximum

1.24

Guangzhou Development Group Incorporated (600098.SS) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Guangzhou Development Group Incorporated 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 = 83.40%

Maximum Annual Current Ratio = 1.24

Minimum Annual Increase = -40.11%

Minimum Annual Current Ratio = 0.66

Quarterly (TTM)
Annual
YearCurrent RatioChange
20250.66-6.37%
20240.71-12.27%
20230.81-4.98%
20220.85-23.38%
20211.11-2.86%
20201.14-8.47%
20191.2433.97%
20180.93-25.38%
20171.2483.40%
20160.68-40.11%

Guangzhou Development Group Incorporated (600098.SS) Average Current Ratio

How has 600098.SS Current Ratio performed in the past?

The current Current Ratio of Guangzhou Development Group Incorporated (600098.SS) 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

0.72

5-year avg

0.83

10-year avg

0.94

Guangzhou Development Group Incorporated (600098.SS) Current Ratio vs. Peers

How is 600098.SS’s Current Ratio compared to its peers?

Guangzhou Development Group Incorporated’s Current Ratio is greater than Grandblue Environment Co., Ltd. (0), less than An Hui Wenergy Company Limited (0.79), less than GEPIC Energy Development Co., Ltd. (1.57), greater than SPIC Green Energy Co., Ltd. (0.60), less than Chengdu Xingrong Environment Co., Ltd. (1.12), less than Chongqing Water Group Co., Ltd. (1.19), greater than China Suntien Green Energy Corporation Limited (0.67), less than Luenmei Quantum Co.,Ltd (3.62), less than Fujian Funeng Co., Ltd. (3.25), less than GCL Energy Technology Co.,Ltd. (1.24),

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