600449.SS
Price:
$12.45
Market Cap:
$5.95B
Ningxia Building Materials Group Co.,Ltd manufactures and sells cement, cement clinkers, commercial concrete, and related cement products in China. The compnoffers dam and oil well cement; and ordinary, composite, slag, fly ash, road, medium-low-heat, and sulfate-resistant Portland cement under the Saima, Qingtongxia, Shuanglu, Liupanshan, Ningzhongning, and Grassland brands. The company was formerly known as Ningxia Saima Industry Co., Ltd. and changed its name to Ningxia Building Materials Group Co.,Ltd in December 2011. Ningxia Building Materials Group Co.,Ltd was founded in 1998 and is based in Yinchuan, China.
Industry
Construction Materials
IPO Date
2003-08-29
Stock Exchange
SHH
Ticker
600449.SS
According to Ningxia Building Materials Group Co.,Ltd’s latest financial reports and current stock price. The company's current Current Ratio is 2.26. This represents a change of 5.10% compared to the average of 2.15 of the last 4 quarters.
The mean historical Current Ratio of Ningxia Building Materials Group Co.,Ltd over the last ten years is 1.67. The current 2.26 Current Ratio has changed 13.43% with respect to the historical average. Over the past ten years (40 quarters), 600449.SS's Current Ratio was at its highest in in the December 2021 quarter at 2.37. The Current Ratio was at its lowest in in the December 2015 quarter at 0.94.
Average
1.67
Median
1.85
Minimum
0.94
Maximum
2.37
Discovering the peaks and valleys of Ningxia Building Materials 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 = 42.68%
Maximum Annual Current Ratio = 2.37
Minimum Annual Increase = -19.26%
Minimum Annual Current Ratio = 0.94
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 2.04 | 7.83% |
| 2023 | 1.89 | -1.36% |
| 2022 | 1.92 | -19.26% |
| 2021 | 2.37 | 9.86% |
| 2020 | 2.16 | 18.89% |
| 2019 | 1.82 | 42.68% |
| 2018 | 1.27 | -5.12% |
| 2017 | 1.34 | 39.37% |
| 2016 | 0.96 | 2.26% |
| 2015 | 0.94 | 4.94% |
The current Current Ratio of Ningxia Building Materials Group Co.,Ltd (600449.SS) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.95
5-year avg
2.08
10-year avg
1.67
Ningxia Building Materials Group Co.,Ltd’s Current Ratio is greater than Shanghai Yaohua Pilkington Glass Group Co., Ltd. (1.25), greater than Xinjiang Qingsong Building Materials and Chemicals (Group) Co, Ltd. (1.96), less than Shenzhen Jdd Tech New Material Co Ltd (5.41), less than Sichuan Guoguang Agrochemical Co., Ltd. (5.99), greater than Hainan RuiZe New Building Material Co.,Ltd (1.26), greater than Zhejiang Jianfeng Group Co., Ltd. (1.00), greater than Daoming Optics&Chemical Co.,Ltd (2.18), greater than Jiangsu Huaxicun Co.,Ltd. (1.72), less than Luyang Energy-Saving Materials Co., Ltd. (3.75), greater than Fujian Yuanli Active Carbon Co.,Ltd. (1.69),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.25 | $6.02B | |
| 1.96 | $6.84B | |
| 5.41 | $5.64B | |
| 5.99 | $6.48B | |
| 1.26 | $6.14B | |
| 1.00 | $4.60B | |
| 2.18 | $7.68B | |
| 1.72 | $7.06B | |
| 3.75 | $5.56B | |
| 1.69 | $5.58B |
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