600982.SS
Price:
$4.44
Market Cap:
$4.96B
Ningbo Energy Group Co.,Ltd., together with its subsidiaries, engages in the cogeneration business in China. It operates coal-fired power plants, coal-fired gas-fired thermal power plants, and renewable energy power plants. The company is also involved in the production and consulting services of electricity, heat, and ash; heat supply activities; and construction and operation of charging piles and other cities energy infrastructure. In addition, it engages in the new energy development; investment management; equity investment; bulk commodity and energy trading; financial leasing; and waterway transportation activities. The company was formerly known as NINGBO THERMAL POWER CO.,LTD. and ch...[Read more]
Industry
Regulated Electric
IPO Date
2004-07-06
Stock Exchange
SHH
Ticker
600982.SS
According to Ningbo Energy Group Co.,Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 0.81. This represents a change of 8.74% compared to the average of 0.74 of the last 4 quarters.
The mean historical Current Ratio of Ningbo Energy Group Co.,Ltd. over the last ten years is 2.18. The current 0.81 Current Ratio has changed 3.60% with respect to the historical average. Over the past ten years (40 quarters), 600982.SS's Current Ratio was at its highest in in the December 2015 quarter at 8.16. The Current Ratio was at its lowest in in the December 2024 quarter at 0.68.
Average
2.18
Median
1.25
Minimum
0.68
Maximum
8.16
Discovering the peaks and valleys of Ningbo Energy Group 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 = 19.86%
Maximum Annual Current Ratio = 8.16
Minimum Annual Increase = -51.55%
Minimum Annual Current Ratio = 0.68
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.68 | -20.96% |
| 2023 | 0.86 | 15.58% |
| 2022 | 0.74 | -32.24% |
| 2021 | 1.09 | 18.60% |
| 2020 | 0.92 | -45.50% |
| 2019 | 1.69 | 19.86% |
| 2018 | 1.41 | -38.01% |
| 2017 | 2.28 | -42.34% |
| 2016 | 3.95 | -51.55% |
| 2015 | 8.16 | -24.37% |
The current Current Ratio of Ningbo Energy Group Co.,Ltd. (600982.SS) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
0.76
5-year avg
0.86
10-year avg
2.18
Ningbo Energy Group Co.,Ltd.’s Current Ratio is greater than LIAONING ENERGY INDUSTRY Co.,LTD (0.77), greater than Zhejiang Fuchunjiang Environmental Thermoelectric Co.,LTD. (0.79), greater than Qianjiang Water Resources Development Co., Ltd. Class A (0.80), less than GuangDong ShaoNeng Group Co., Ltd. (1.39), greater than Sichuan Xichang Electric Power Co.,Ltd. (0.64), less than Jiangsu Jiangnan Water Co., Ltd. (1.51), less than Suntar Environmental Technology Co., Ltd. (2.85), less than Sichuan Guangan Aaapublic Co.,Ltd (0.87), less than Sichuan Mingxing Electric Power Co., Ltd. (1.41), less than Guangzhou Hengyun Enterprises Holding Ltd (0.89),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.77 | $5.14B | |
| 0.79 | $4.22B | |
| 0.80 | $5.10B | |
| 1.39 | $5.11B | |
| 0.64 | $4.72B | |
| 1.51 | $5.30B | |
| 2.85 | $5.49B | |
| 0.87 | $5.55B | |
| 1.41 | $5.05B | |
| 0.89 | $6.72B |
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