600708.SS
Price:
$3.04
Market Cap:
$6.78B
Bright Real Estate Group Co., Limited primarily engages in the development of both residential and commercial properties throughout China. Beyond its core real estate endeavors, the enterprise also operates in the logistics sector and provides construction engineering services. Its extensive business portfolio further includes a range of operational activities such as project construction, strategic planning and market placement, investment and rental management, sales representation, real estate asset exchange, property management financing, and direct property oversight. Additionally, the company is involved in the complete lifecycle of building materials like aluminum alloys and plastic-s...[Read more]
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 2.79. This represents a change of -14.26% compared to the average of 3.26 of the last 4 quarters.
The mean historical Current Ratio of Bright Real Estate Group Co.,Limited over the last ten years is 2.11. The current 2.79 Current Ratio has changed 13.17% 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 December 2025 quarter at 3.55. The Current Ratio was at its lowest in in the June 2021 quarter at 1.49.
Average
2.11
Median
1.85
Minimum
1.52
Maximum
3.55
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 = 38.88%
Maximum Annual Current Ratio = 3.55
Minimum Annual Increase = -18.02%
Minimum Annual Current Ratio = 1.52
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 3.55 | 29.45% |
| 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% |
The current Current Ratio of Bright Real Estate Group Co.,Limited (600708.SS) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
2.91
5-year avg
2.50
10-year avg
2.11
Bright Real Estate Group Co.,Limited’s Current Ratio is less than Financial Street Holdings Co., Ltd. (6.72), greater than China Fortune Land Development Co., Ltd. (1.53), greater than Shenzhen New Nanshan Holding (Group) Co., Ltd. (1.21), greater than Beijing Urban Construction Investment & Development Co., Ltd. (1.93), greater than Zhuhai Huafa Properties Co.,Ltd (2.08), greater than Jinke Property Group Co., Ltd. (2.03), less than Suning Universal Co.,Ltd (3.20), greater than Guanghui Logistics Co.Ltd (0.54), greater than RiseSun Real Estate Development Co.,Ltd (1.01), less than Lushang Freda Pharmaceutical Co.,Ltd. (4.55),
| Company | Current Ratio | Market cap |
|---|---|---|
| 6.72 | $7.77B | |
| 1.53 | $4.20B | |
| 1.21 | $6.07B | |
| 1.93 | $8.93B | |
| 2.08 | $7.08B | |
| 2.03 | $13.19B | |
| 3.20 | $6.04B | |
| 0.54 | $5.69B | |
| 1.01 | $5.22B | |
| 4.55 | $5.77B |
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