Fujian Highton Development

Fujian Highton Developmentverified

603162.SS

Price:

$13.05

Market Cap:

$12.08B

Fujian Highton Development Co., Ltd. engages in the coastal and international ocean dry bulk transportation business in China and internationally. The company transports coal, iron ore, slag, and other dry bulk goods, as well as fertilizers, grain, and other goods. It is involved in the voyage and time charter businesses; and cargo transportation services. In addition, it has a 19 long-term leased dry bulk ships and 32 self-operated dry bulk ships. Fujian Highton Development Co., Ltd. was founded in 2009 and is based in Fuzhou, China.

Industry

Marine Shipping

IPO Date

2023-03-29

Stock Exchange

SHH

Ticker

603162.SS

The Current Ratio as of December 2025 (TTM) for Fujian Highton Development (603162.SS) is 1.29

According to Fujian Highton Development’s latest financial reports and current stock price. The company's current Current Ratio is 1.29. This represents a change of -6.44% compared to the average of 1.38 of the last 4 quarters.

Fujian Highton Development (603162.SS) Historical Current Ratio (quarterly & annually)

How has 603162.SS Current Ratio performed in the past?

The mean historical Current Ratio of Fujian Highton Development over the last ten years is 10.26. The current 1.29 Current Ratio has changed 1.16% with respect to the historical average. Over the past ten years (40 quarters), 603162.SS's Current Ratio was at its highest in in the June 2016 quarter at 10.64. The Current Ratio was at its lowest in in the June 2015 quarter at -6.05.

Quarterly (TTM)
Annual

Average

10.26

Median

1.75

Minimum

-3.39

Maximum

89.90

Fujian Highton Development (603162.SS) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Fujian Highton Development 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 = 160.14%

Maximum Annual Current Ratio = 89.90

Minimum Annual Increase = -188.69%

Minimum Annual Current Ratio = -3.39

Quarterly (TTM)
Annual
YearCurrent RatioChange
20241.43-52.88%
20233.04-1.96%
20223.1061.24%
20211.92160.14%
20200.7446.77%
20190.50-68.03%
20161.58-146.52%
2015-3.39-188.69%
20143.82-95.75%

Fujian Highton Development (603162.SS) Average Current Ratio

How has 603162.SS Current Ratio performed in the past?

The current Current Ratio of Fujian Highton Development (603162.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

2.53

5-year avg

2.05

10-year avg

10.26

Fujian Highton Development (603162.SS) Current Ratio vs. Peers

How is 603162.SS’s Current Ratio compared to its peers?

Fujian Highton Development’s Current Ratio is greater than Rizhao Port Co., Ltd. (0.32), less than Wuhan East Lake High Technology Group Co., Ltd. (2.14), less than Beijing Lier High-temperature Materials Co.,Ltd. (1.99), less than Fujian Expressway Development Co.,Ltd (3.58), greater than Xiamen Port Development Co., Ltd. (1.20), less than L&K Engineering (Suzhou) Co.,Ltd. (1.55), less than Asian Star Anchor Chain Co., Ltd. Jiangsu (4.44), less than Ningbo Haitian Precision Machinery Co.,Ltd. (1.81), less than Ningbo Dechang Electrical Machinery Made Co., Ltd. (1.50), less than Jade Bird Fire Co., Ltd. (2.89),

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