600777.SS
Price:
$3.85
Market Cap:
$26.18B
Shandong Xinchao Energy Corporation Limited engages in the exploration, production, and sale of oil and natural gas. It holds interest in oil fields in Crosby County, Texas; and shale oil reservoir assets in Howard county, Maryland and Borden county, Texas. The company was formerly known as Yantai Xinchao Industry Co., Ltd. and changed its name to Shandong Xinchao Energy Corporation Limited in June 2016. The company was founded in 1985 and is headquartered in Beijing, China.
Industry
Oil & Gas Exploration & Production
IPO Date
1996-11-21
Stock Exchange
SHH
Ticker
600777.SS
According to Shandong Xinchao Energy Corporation Limited’s latest financial reports and current stock price. The company's current Current Ratio is 2.36. This represents a change of 17.27% compared to the average of 2.01 of the last 4 quarters.
The mean historical Current Ratio of Shandong Xinchao Energy Corporation Limited over the last ten years is 1.50. The current 2.36 Current Ratio has changed 15.60% with respect to the historical average. Over the past ten years (40 quarters), 600777.SS's Current Ratio was at its highest in in the December 2016 quarter at 5.08. The Current Ratio was at its lowest in in the December 2017 quarter at 0.51.
Average
1.50
Median
1.06
Minimum
0.51
Maximum
5.08
Discovering the peaks and valleys of Shandong Xinchao Energy Corporation 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 = 354.56%
Maximum Annual Current Ratio = 5.08
Minimum Annual Increase = -89.97%
Minimum Annual Current Ratio = 0.51
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.68 | -1.78% |
| 2023 | 1.71 | 69.16% |
| 2022 | 1.01 | 0.84% |
| 2021 | 1.00 | -17.16% |
| 2020 | 1.21 | 38.08% |
| 2019 | 0.88 | 7.31% |
| 2018 | 0.82 | 60.22% |
| 2017 | 0.51 | -89.97% |
| 2016 | 5.08 | 354.56% |
| 2015 | 1.12 | -31.41% |
The current Current Ratio of Shandong Xinchao Energy Corporation Limited (600777.SS) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.47
5-year avg
1.32
10-year avg
1.50
Shandong Xinchao Energy Corporation Limited’s Current Ratio is greater than Shan Xi Huayang Group New Energy Co.,Ltd. (0.79), greater than Guanghui Energy Co., Ltd. (0.45), greater than Offshore Oil Engineering Co.,Ltd (1.71), less than Jinneng Holding Shanxi Coal Industry Co.,ltd. (3.05), greater than Jiangxi Jovo Energy Co., Ltd (2.21), greater than Shanghai Aiko Solar Energy Co., Ltd. (0.56), greater than Shanxi Meijin Energy Co.,Ltd. (0.44), greater than Shaanxi Energy Investment (0.59), greater than Sinopec Shanghai Petrochemical Company Limited (1.11), greater than Sinopec Oilfield Service Corporation (0.70),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.79 | $28.07B | |
| 0.45 | $32.15B | |
| 1.71 | $23.92B | |
| 3.05 | $23.36B | |
| 2.21 | $24.84B | |
| 0.56 | $23.92B | |
| 0.44 | $20.70B | |
| 0.59 | $34.24B | |
| 1.11 | $26.40B | |
| 0.70 | $29.26B |
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