600708.SS
Price:
$3.22
Market Cap:
$7.18B
Bright Real Estate Group Co.,Limited develops residential and commercial real estate properties in China. The company is also involved in the logistics business; construction engineering business; and business operations, including construction, planning and positioning, investment and leasing, sales agency, real estate replacement, property management financing, and property management activities. In addition, it designs, processes, produces, and installs building materials, including aluminum alloys, and plastic steel doors and windows. The company is based in Shanghai, China.
Industry
Real Estate - Development
IPO Date
1996-06-06
Stock Exchange
SHH
Ticker
600708.SS
According to Bright Real Estate Group Co.,Limited’s latest financial reports and current stock price. The company's current Current Ratio is 3.26. This represents a change of 7.60% compared to the average of 3.03 of the last 4 quarters.
The mean historical Current Ratio of Bright Real Estate Group Co.,Limited over the last ten years is 1.91. The current 3.26 Current Ratio has changed 17.02% with respect to the historical average. Over the past ten years (40 quarters), 600708.SS's Current Ratio was at its highest in in the September 2025 quarter at 3.26. The Current Ratio was at its lowest in in the June 2016 quarter at 1.44.
Average
1.91
Median
1.77
Minimum
1.52
Maximum
2.75
Discovering the peaks and valleys of Bright Real Estate Group Co.,Limited 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 = 195.47%
Maximum Annual Current Ratio = 2.75
Minimum Annual Increase = -18.02%
Minimum Annual Current Ratio = 1.52
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 2.75 | 13.75% |
| 2023 | 2.41 | 10.28% |
| 2022 | 2.19 | 38.88% |
| 2021 | 1.58 | 3.77% |
| 2020 | 1.52 | -18.02% |
| 2019 | 1.85 | 0.48% |
| 2018 | 1.84 | 8.37% |
| 2017 | 1.70 | 2.61% |
| 2016 | 1.66 | 6.72% |
| 2015 | 1.55 | 195.47% |
The current Current Ratio of Bright Real Estate Group Co.,Limited (600708.SS) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
2.45
5-year avg
2.09
10-year avg
1.91
Bright Real Estate Group Co.,Limited’s Current Ratio is greater than Financial Street Holdings Co., Ltd. (0), greater than China Fortune Land Development Co., Ltd. (1.65), greater than Shenzhen New Nanshan Holding (Group) Co., Ltd. (1.31), greater than Beijing Urban Construction Investment & Development Co., Ltd. (1.82), greater than Zhuhai Huafa Properties Co.,Ltd (2.09), greater than Jinke Property Group Co., Ltd. (0.72), less than Suning Universal Co.,Ltd (3.28), greater than Guanghui Logistics Co.Ltd (0.41), greater than RiseSun Real Estate Development Co.,Ltd (0), less than Lushang Freda Pharmaceutical Co., Ltd. Class A (4.51),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0 | $8.31B | |
| 1.65 | $8.99B | |
| 1.31 | $7.88B | |
| 1.82 | $9.40B | |
| 2.09 | $8.55B | |
| 0.72 | $11.21B | |
| 3.28 | $7.13B | |
| 0.41 | $7.76B | |
| 0 | $6.78B | |
| 4.51 | $7.61B |
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