600283.SS
Price:
$9.36
Market Cap:
$5.25B
Qian Jiang Water Resources Development Co.,Ltd, together with its subsidiaries, engages in the water supply business in China. It is also involved in the treatment of sewage and sludge. The company was founded in 1998 and is headquartered in Hangzhou, China.
Industry
Regulated Water
IPO Date
2000-10-18
Stock Exchange
SHH
Ticker
600283.SS
According to Qianjiang Water Resources Development Co., Ltd. Class A’s latest financial reports and current stock price. The company's current Current Ratio is 0.80. This represents a change of -0.40% compared to the average of 0.81 of the last 4 quarters.
The mean historical Current Ratio of Qianjiang Water Resources Development Co., Ltd. Class A over the last ten years is 0.73. The current 0.80 Current Ratio has changed 10.93% with respect to the historical average. Over the past ten years (40 quarters), 600283.SS's Current Ratio was at its highest in in the December 2016 quarter at 0.95. The Current Ratio was at its lowest in in the December 2023 quarter at 0.59.
Average
0.73
Median
0.69
Minimum
0.59
Maximum
0.95
Discovering the peaks and valleys of Qianjiang Water Resources Development Co., Ltd. Class A 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 = 38.86%
Maximum Annual Current Ratio = 0.95
Minimum Annual Increase = -26.65%
Minimum Annual Current Ratio = 0.59
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.81 | 38.86% |
| 2023 | 0.59 | -14.27% |
| 2022 | 0.68 | 2.08% |
| 2021 | 0.67 | -14.27% |
| 2020 | 0.78 | 12.36% |
| 2019 | 0.70 | 9.66% |
| 2018 | 0.63 | -8.72% |
| 2017 | 0.69 | -26.65% |
| 2016 | 0.95 | 21.00% |
| 2015 | 0.78 | 4.53% |
The current Current Ratio of Qianjiang Water Resources Development Co., Ltd. Class A (600283.SS) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
0.69
5-year avg
0.71
10-year avg
0.73
Qianjiang Water Resources Development Co., Ltd. Class A’s Current Ratio is less than Jiangsu Jiangnan Water Co., Ltd. (1.51), less than Suntar Environmental Technology Co., Ltd. (2.85), less than Haitian Water Group Co.,Ltd (1.24), greater than LIAONING ENERGY INDUSTRY Co.,LTD (0.77), less than Ningbo Energy Group Co.,Ltd. (0.81), less than Sichuan Mingxing Electric Power Co., Ltd. (1.41), less than Fujian Haixia Environmental Protection Group Co.,Ltd. (1.11), less than Guangxi Nanning Waterworks Co.,Ltd. (0.85), less than Wuhan Sanzhen Industry Holding Co.,Ltd (0.88), less than Heilongjiang Interchina Water Treatment Co.,Ltd. (5.12),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.51 | $5.36B | |
| 2.85 | $5.74B | |
| 1.24 | $4.89B | |
| 0.77 | $5.31B | |
| 0.81 | $5.05B | |
| 1.41 | $4.99B | |
| 1.11 | $4.57B | |
| 0.85 | $4.49B | |
| 0.88 | $4.31B | |
| 5.12 | $4.15B |
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 Qianjiang Water Resources Development Co., Ltd. Class A 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 Qianjiang Water Resources Development Co., Ltd. Class A 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 Qianjiang Water Resources Development Co., Ltd. Class A's Current Ratio?
How is the Current Ratio calculated for Qianjiang Water Resources Development Co., Ltd. Class A (600283.SS)?
What is the highest Current Ratio for Qianjiang Water Resources Development Co., Ltd. Class A (600283.SS)?
What is the 3-year average Current Ratio for Qianjiang Water Resources Development Co., Ltd. Class A (600283.SS)?
What is the 5-year average Current Ratio for Qianjiang Water Resources Development Co., Ltd. Class A (600283.SS)?
How does the current Current Ratio for Qianjiang Water Resources Development Co., Ltd. Class A (600283.SS) compare to its historical average?