600724.SS
Price:
$5.47
Market Cap:
$7.91B
Ningbo Fuda Company Limited engages in the real estate business in China. It develops and manages urban commercial real estate properties; and manufactures cement building materials. The company was founded in 1989 and is headquartered in Yuyao, China. Ningbo Fuda Company Limited is a subsidiary of Ningbo Urban Construction Investment Holding Co.,Ltd.
Industry
Real Estate - Services
IPO Date
1996-07-16
Stock Exchange
SHH
Ticker
600724.SS
According to Ningbo Fuda Company Limited’s latest financial reports and current stock price. The company's current Current Ratio is 2.32. This represents a change of 27.49% compared to the average of 1.82 of the last 4 quarters.
The mean historical Current Ratio of Ningbo Fuda Company Limited over the last ten years is 2.32. The current 2.32 Current Ratio has changed 9.93% with respect to the historical average. Over the past ten years (40 quarters), 600724.SS's Current Ratio was at its highest in in the March 2019 quarter at 3.99. The Current Ratio was at its lowest in in the December 2015 quarter at 1.32.
Average
2.32
Median
2.44
Minimum
1.32
Maximum
3.55
Discovering the peaks and valleys of Ningbo Fuda Company 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 = 77.72%
Maximum Annual Current Ratio = 3.55
Minimum Annual Increase = -31.26%
Minimum Annual Current Ratio = 1.32
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.51 | -31.26% |
| 2023 | 2.20 | -20.17% |
| 2022 | 2.76 | -22.36% |
| 2021 | 3.55 | 9.02% |
| 2020 | 3.26 | 13.34% |
| 2019 | 2.88 | 7.67% |
| 2018 | 2.67 | 77.72% |
| 2017 | 1.50 | -1.51% |
| 2016 | 1.53 | 16.00% |
| 2015 | 1.32 | -14.84% |
The current Current Ratio of Ningbo Fuda Company Limited (600724.SS) is greater than its 3-year, less than than its 5-year, and greater than its 10-year historical averages
3-year avg
2.16
5-year avg
2.66
10-year avg
2.32
Ningbo Fuda Company Limited’s Current Ratio is less than Lushang Freda Pharmaceutical Co., Ltd. Class A (4.51), less than Shunfa Hengye Corporation (4.28), greater than Rongan Property Co.,Ltd. (1.88), greater than 5i5j Holding Group Co., Ltd. (0.76), greater than Guanghui Logistics Co.Ltd (0.41), greater than Jinke Property Group Co., Ltd. (0.72), greater than RiseSun Real Estate Development Co.,Ltd (0), less than Suning Universal Co.,Ltd (3.28), greater than China Fortune Land Development Co., Ltd. (1.65), greater than Shanghai Shibei Hi-Tech Co.,Ltd. (1.48),
| Company | Current Ratio | Market cap |
|---|---|---|
| 4.51 | $7.61B | |
| 4.28 | $7.88B | |
| 1.88 | $5.99B | |
| 0.76 | $6.97B | |
| 0.41 | $7.76B | |
| 0.72 | $11.21B | |
| 0 | $6.78B | |
| 3.28 | $7.13B | |
| 1.65 | $8.99B | |
| 1.48 | $7.71B |
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