Ningxia Baofeng Energy Group Co., Ltd.

Ningxia Baofeng Energy Group Co., Ltd. - Current Ratioverified

600989.SS

Price:

$23.55

Market Cap:

$172.70B

Ningxia Baofeng Energy Group Co., Ltd. engages in the comprehensive cycle of producing, processing, and distributing a wide array of energy and chemical products. Their operations encompass coal mining, washing, and coking, as well as the refinement of coal tar, crude benzene, C4 deep-processed derivatives, methanol, and various olefins. Among their specific offerings are polyethylene, polypropylene, coke, benzene, asphalt, and MTBE. Founded in 2005, the company initially operated as Ningxia Baofeng Energy Co., Ltd. before adopting its current name in January 2014. Its corporate headquarters are located in Yinchuan, China.

Industry

Chemicals

IPO Date

2019-05-17

Stock Exchange

SHH

Ticker

600989.SS

The Current Ratio as of August 2026 (TTM) for Ningxia Baofeng Energy Group Co., Ltd. (600989.SS) is 0.39

According to Ningxia Baofeng Energy Group Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 0.39. This represents a change of -0.59% compared to the average of 0.39 of the last 4 quarters.

Ningxia Baofeng Energy Group Co., Ltd. (600989.SS) Historical Current Ratio (quarterly & annually)

How has 600989.SS Current Ratio performed in the past?

The mean historical Current Ratio of Ningxia Baofeng Energy Group Co., Ltd. over the last ten years is 0.43. The current 0.39 Current Ratio has changed 8.89% with respect to the historical average. Over the past ten years (40 quarters), 600989.SS's Current Ratio was at its highest in in the June 2019 quarter at 1.35. The Current Ratio was at its lowest in in the December 2024 quarter at 0.23.

Quarterly (TTM)
Annual

Average

0.43

Median

0.38

Minimum

0.23

Maximum

0.86

Ningxia Baofeng Energy Group Co., Ltd. (600989.SS) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Ningxia Baofeng 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 = 88.69%

Maximum Annual Current Ratio = 0.86

Minimum Annual Increase = -51.61%

Minimum Annual Current Ratio = 0.23

Quarterly (TTM)
Annual
YearCurrent RatioChange
20250.3033.02%
20240.23-6.16%
20230.24-38.53%
20220.39-6.53%
20210.42-51.61%
20200.8650.35%
20190.5788.69%
20180.30-17.56%
20170.37-43.10%
20160.6566.66%

Ningxia Baofeng Energy Group Co., Ltd. (600989.SS) Average Current Ratio

How has 600989.SS Current Ratio performed in the past?

The current Current Ratio of Ningxia Baofeng Energy Group Co., Ltd. (600989.SS) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

0.25

5-year avg

0.31

10-year avg

0.43

Ningxia Baofeng Energy Group Co., Ltd. (600989.SS) Current Ratio vs. Peers

How is 600989.SS’s Current Ratio compared to its peers?

Ningxia Baofeng Energy Group Co., Ltd.’s Current Ratio is less than Ganfeng Lithium Co., Ltd. (1.03), less than Jiangxi Copper Company Limited (1.23), less than Anhui Conch Cement Company Limited (3.64), less than Qinghai Salt Lake Industry Co.,Ltd (5.59), less than Wanhua Chemical Group Co., Ltd. (0.72), less than Zhejiang Juhua Co., Ltd. (1.32), less than Rongsheng Petrochemical Co., Ltd. (0.49), less than Baoshan Iron & Steel Co., Ltd. (0.97), less than Aluminum Corporation of China Limited (1.57), less than Inner Mongolia Junzheng Energy & Chemical Group Co.,Ltd. (1.36),

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