600882.SS
Price:
$28.52
Market Cap:
$14.55B
Shanghai Milkground Food Tech Co., Ltd manufactures and sells cheese and liquid milk products to consumers and industrial clients in China. The company provides ready-to-eat nutrition series cheese sticks, adult shredded cheese sticks, children's growing cups, mozzarella cheese, cheese slices, cream cheese, butter, grilled cheese, etc., as well as milk and related products through distributors, self-operated e-commerce channels, large shopping malls, and supermarkets. Shanghai Milkground Food Tech Co., Ltd was founded in 1998 and is headquartered in Shanghai, China.
Industry
Packaged Foods
IPO Date
1995-12-06
Stock Exchange
SHH
Ticker
600882.SS
According to Shanghai Milkground Food Tech Co., Ltd’s latest financial reports and current stock price. The company's current Current Ratio is 1.23. This represents a change of -13.41% compared to the average of 1.43 of the last 4 quarters.
The mean historical Current Ratio of Shanghai Milkground Food Tech Co., Ltd over the last ten years is 1.61. The current 1.23 Current Ratio has changed 7.55% with respect to the historical average. Over the past ten years (40 quarters), 600882.SS's Current Ratio was at its highest in in the June 2021 quarter at 4.16. The Current Ratio was at its lowest in in the June 2017 quarter at 0.98.
Average
1.61
Median
1.51
Minimum
1.04
Maximum
2.71
Discovering the peaks and valleys of Shanghai Milkground Food Tech 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 = 109.63%
Maximum Annual Current Ratio = 2.71
Minimum Annual Increase = -45.56%
Minimum Annual Current Ratio = 1.04
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.69 | -6.54% |
| 2023 | 1.81 | -9.02% |
| 2022 | 1.99 | -26.62% |
| 2021 | 2.71 | 109.63% |
| 2020 | 1.29 | 14.08% |
| 2019 | 1.13 | 8.68% |
| 2018 | 1.04 | -45.56% |
| 2017 | 1.92 | 55.51% |
| 2016 | 1.23 | -7.03% |
| 2015 | 1.32 | -44.28% |
The current Current Ratio of Shanghai Milkground Food Tech Co., Ltd (600882.SS) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
1.83
5-year avg
1.90
10-year avg
1.61
Shanghai Milkground Food Tech Co., Ltd’s Current Ratio is less than Qianhe Condiment and Food Co., Ltd. (2.65), less than Sichuan Teway Food Group Co.,Ltd (3.36), greater than Bright Dairy & Food Co.,Ltd (0.86), less than Chacha Food Company, Limited (3.23), greater than New Hope Dairy Co., Ltd. (0.59), less than Lotus Health Group Company (1.84), less than TECON BIOLOGY Co.LTD (1.73), less than Sanquan Food Co., Ltd. (1.38), less than Jiangsu Hengshun Vinegar-Industry Co.,Ltd (2.94), less than Three Squirrels Inc. (1.70),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.65 | $13.33B | |
| 3.36 | $13.73B | |
| 0.86 | $11.47B | |
| 3.23 | $11.04B | |
| 0.59 | $16.33B | |
| 1.84 | $10.69B | |
| 1.73 | $10.10B | |
| 1.38 | $10.47B | |
| 2.94 | $8.95B | |
| 1.70 | $9.73B |
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