600917.SS
Price:
$5.53
Market Cap:
$8.63B
Chongqing Gas Group Corporation Ltd. engages in the design, manufacture, installation, maintenance, sale, management, and technical consultation of gas in China. It is also involved in the storage, transportation, supply, distribution, and sale of gas through pipeline network. In addition, the company engages in the supply of heating, cooling, and combined heat and power; high-tech gas development; pipe anti-corrosion processing; and gas appliance sales and other business operations. It supplies natural gas to 5.12 million customers in 25 districts and counties in Chongqing. The company is based in Chongqing, China.
Industry
Regulated Gas
IPO Date
2014-10-08
Stock Exchange
SHH
Ticker
600917.SS
According to Chongqing Gas Group Corporation Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 0.68. This represents a change of -2.44% compared to the average of 0.69 of the last 4 quarters.
The mean historical Current Ratio of Chongqing Gas Group Corporation Ltd. over the last ten years is 1.02. The current 0.68 Current Ratio has changed 6.50% with respect to the historical average. Over the past ten years (40 quarters), 600917.SS's Current Ratio was at its highest in in the March 2016 quarter at 1.41. The Current Ratio was at its lowest in in the June 2020 quarter at 0.64.
Average
1.02
Median
1.01
Minimum
0.73
Maximum
1.40
Discovering the peaks and valleys of Chongqing Gas Group Corporation 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 = 11.97%
Maximum Annual Current Ratio = 1.40
Minimum Annual Increase = -17.65%
Minimum Annual Current Ratio = 0.73
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.73 | -15.87% |
| 2023 | 0.87 | -0.16% |
| 2022 | 0.87 | 11.97% |
| 2021 | 0.78 | -15.34% |
| 2020 | 0.92 | -17.65% |
| 2019 | 1.12 | 2.64% |
| 2018 | 1.09 | -6.74% |
| 2017 | 1.17 | -8.90% |
| 2016 | 1.28 | -8.16% |
| 2015 | 1.40 | -14.95% |
The current Current Ratio of Chongqing Gas Group Corporation Ltd. (600917.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
0.83
5-year avg
0.84
10-year avg
1.02
Chongqing Gas Group Corporation Ltd.’s Current Ratio is less than Chengdu Gas Group Corporation Ltd. (1.28), greater than Henan Yuneng Holdings Co.,Ltd. (0.51), less than Guangdong Shunkong Development Co.,Ltd. (1.20), less than Guizhou Gas Group Corporation Ltd. (0.75), less than Wedge Industrial Co.,Ltd. (1.34), less than Jinneng Holding Shanxi Electric Power Co.,LTD. (0.98), less than Henan Lantian Gas Co.,Ltd. (1.01), less than Hangzhou Cogeneration Group Co., Ltd. (1.70), greater than Bestsun Energy Co., Ltd. (0.48), less than Xinjiang Xintai Natural Gas Co., Ltd. (1.85),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.28 | $8.76B | |
| 0.51 | $8.38B | |
| 1.20 | $8.63B | |
| 0.75 | $7.75B | |
| 1.34 | $11.06B | |
| 0.98 | $8.77B | |
| 1.01 | $5.52B | |
| 1.70 | $8.05B | |
| 0.48 | $5.48B | |
| 1.85 | $11.46B |
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