600098.SS
Price:
$6.79
Market Cap:
$23.80B
Guangzhou Development Group Incorporated engages in the integrated energy business in China. The company generates and sells thermal electricity with an installed capacity of 4,045,800 kilowatts; distributes natural gas through pipeline network; supplies coal; and constructs oil depots. It also generates electricity using wind, waste, biomass, and solar resources, as well as engages in other renewable energy business. Guangzhou Development Group Incorporated was founded in 1997 and is based in Guangzhou, China. Guangzhou Development Group Incorporated operates as a subsidiary of GF Securities Co., Ltd.
Industry
Regulated Electric
IPO Date
1997-07-18
Stock Exchange
SHH
Ticker
600098.SS
According to Guangzhou Development Group Incorporated’s latest financial reports and current stock price. The company's current Current Ratio is 0.67. This represents a change of -4.86% compared to the average of 0.71 of the last 4 quarters.
The mean historical Current Ratio of Guangzhou Development Group Incorporated over the last ten years is 0.98. The current 0.67 Current Ratio has changed 6.73% 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.
Average
0.98
Median
1.02
Minimum
0.68
Maximum
1.24
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 = 0.68
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.71 | -12.27% |
| 2023 | 0.81 | -4.98% |
| 2022 | 0.85 | -23.38% |
| 2021 | 1.11 | -2.86% |
| 2020 | 1.14 | -8.47% |
| 2019 | 1.24 | 33.97% |
| 2018 | 0.93 | -25.38% |
| 2017 | 1.24 | 83.40% |
| 2016 | 0.68 | -40.11% |
| 2015 | 1.13 | -17.07% |
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
0.79
5-year avg
0.92
10-year avg
0.98
Guangzhou Development Group Incorporated’s Current Ratio is less than Grandblue Environment Co., Ltd. (1.01), greater than An Hui Wenergy Company Limited (0.62), less than GEPIC Energy Development Co., Ltd. (1.16), less than Jilin Electric Power Co.,Ltd. (0.82), less than Chengdu Xingrong Environment Co., Ltd. (1.02), less than Chongqing Water Group Co.,Ltd. (1.08), less than China Suntien Green Energy Corporation Limited (0.71), less than Luenmei Quantum Co.,Ltd (2.69), less than Fujian Funeng Co., Ltd. (2.54), less than GCL Energy Technology Co.,Ltd. (0.97),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.01 | $23.73B | |
| 0.62 | $18.61B | |
| 1.16 | $21.41B | |
| 0.82 | $20.42B | |
| 1.02 | $21.52B | |
| 1.08 | $21.41B | |
| 0.71 | $25.32B | |
| 2.69 | $15.86B | |
| 2.54 | $27.63B | |
| 0.97 | $15.80B |
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