600965.SS
Price:
$5.7
Market Cap:
$4.67B
Fortune Ng Fung Food (Hebei) Co.,Ltd engages in the beef cattle breeding and slaughtering, and food processing businesses in China. The company is also involved catering chain and funeral services. Its products include meat, fast food, and dairy products. The company was founded in 1998 and is based in Sanhe, China.
Industry
Packaged Foods
IPO Date
2004-07-13
Stock Exchange
SHH
Ticker
600965.SS
According to Fortune Ng Fung Food (Hebei) Co.,Ltd’s latest financial reports and current stock price. The company's current Current Ratio is 3.41. This represents a change of -7.28% compared to the average of 3.68 of the last 4 quarters.
The mean historical Current Ratio of Fortune Ng Fung Food (Hebei) Co.,Ltd over the last ten years is 3.50. The current 3.41 Current Ratio has changed 9.65% with respect to the historical average. Over the past ten years (40 quarters), 600965.SS's Current Ratio was at its highest in in the September 2022 quarter at 6.67. The Current Ratio was at its lowest in in the December 2016 quarter at 1.87.
Average
3.50
Median
3.43
Minimum
1.87
Maximum
5.80
Discovering the peaks and valleys of Fortune Ng Fung Food (Hebei) 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 = 82.85%
Maximum Annual Current Ratio = 5.80
Minimum Annual Increase = -42.75%
Minimum Annual Current Ratio = 1.87
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 3.37 | -14.68% |
| 2023 | 3.95 | -31.93% |
| 2022 | 5.80 | 44.99% |
| 2021 | 4.00 | -4.58% |
| 2020 | 4.19 | 20.04% |
| 2019 | 3.49 | 34.02% |
| 2018 | 2.60 | 4.86% |
| 2017 | 2.48 | 32.53% |
| 2016 | 1.87 | -42.75% |
| 2015 | 3.27 | 82.85% |
The current Current Ratio of Fortune Ng Fung Food (Hebei) Co.,Ltd (600965.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
4.37
5-year avg
4.26
10-year avg
3.50
Fortune Ng Fung Food (Hebei) Co.,Ltd’s Current Ratio is greater than Qingdao Richen Foods Co., Ltd. (1.28), greater than Zhengzhou Qianweiyangchu Food Co., Ltd. (2.00), less than Petpal Pet Nutrition Technology Co., Ltd. (8.71), less than Zhongjing Food Co., Ltd. (5.38), greater than Zhanjiang Guolian Aquatic Products Co., Ltd. (1.09), less than Suzhou Weizhixiang Food Co., Ltd. (5.77), greater than Shenzhen Kingsino Technology Co.,Ltd. (0.45), greater than Daodaoquan Grain and Oil Co.,Ltd. (1.07), less than Wenzhou Yuanfei pet toy products Co., Ltd. (5.58), greater than Zhe Jiang Li Zi Yuan Food Co.,Ltd. (1.41),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.28 | $3.36B | |
| 2.00 | $3.65B | |
| 8.71 | $4.33B | |
| 5.38 | $4.20B | |
| 1.09 | $4.60B | |
| 5.77 | $3.80B | |
| 0.45 | $4.92B | |
| 1.07 | $3.71B | |
| 5.58 | $4.26B | |
| 1.41 | $4.63B |
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