600340.SS
Price:
$2.57
Market Cap:
$10.00B
China Fortune Land Development Co., Ltd. engages in the investment, development, construction, and operation of new industrial cities and commercial real estate in China, Indonesia, and internationally. The company was formerly known as China Fortune Real Estate Development Co., Ltd. and changed its name to China Fortune Land Development Co., Ltd. in December 2007. The company was founded in 1998 and is headquartered in Beijing, China.
Industry
Real Estate - Development
IPO Date
2003-12-30
Stock Exchange
SHH
Ticker
600340.SS
According to China Fortune Land Development Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.65. This represents a change of -6.89% compared to the average of 1.77 of the last 4 quarters.
The mean historical Current Ratio of China Fortune Land Development Co., Ltd. over the last ten years is 1.54. The current 1.65 Current Ratio has changed 10.61% with respect to the historical average. Over the past ten years (40 quarters), 600340.SS's Current Ratio was at its highest in in the December 2023 quarter at 1.98. The Current Ratio was at its lowest in in the December 2021 quarter at 1.08.
Average
1.54
Median
1.53
Minimum
1.08
Maximum
1.98
Discovering the peaks and valleys of China Fortune Land Development 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 = 42.40%
Maximum Annual Current Ratio = 1.98
Minimum Annual Increase = -30.19%
Minimum Annual Current Ratio = 1.08
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.88 | -4.83% |
| 2023 | 1.98 | 28.68% |
| 2022 | 1.54 | 42.40% |
| 2021 | 1.08 | -30.19% |
| 2020 | 1.54 | -2.16% |
| 2019 | 1.58 | 4.07% |
| 2018 | 1.52 | -0.74% |
| 2017 | 1.53 | 9.15% |
| 2016 | 1.40 | 3.64% |
| 2015 | 1.35 | 6.36% |
The current Current Ratio of China Fortune Land Development Co., Ltd. (600340.SS) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.80
5-year avg
1.60
10-year avg
1.54
China Fortune Land Development Co., Ltd.’s Current Ratio is greater than Financial Street Holdings Co., Ltd. (0), greater than RiseSun Real Estate Development Co.,Ltd (0), greater than Jinke Property Group Co., Ltd. (0.72), less than Suning Universal Co.,Ltd (3.28), less than Bright Real Estate Group Co.,Limited (3.26), less than Lushang Freda Pharmaceutical Co., Ltd. Class A (4.51), greater than Shenzhen New Nanshan Holding (Group) Co., Ltd. (1.31), less than Beijing Urban Construction Investment & Development Co., Ltd. (1.82), less than Zhuhai Huafa Properties Co.,Ltd (2.09), greater than Shanghai Shibei Hi-Tech Co.,Ltd. (1.48),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0 | $8.49B | |
| 0 | $7.13B | |
| 0.72 | $11.28B | |
| 3.28 | $7.56B | |
| 3.26 | $7.47B | |
| 4.51 | $7.57B | |
| 1.31 | $8.29B | |
| 1.82 | $9.96B | |
| 2.09 | $8.80B | |
| 1.48 | $8.30B |
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