603329.SS
Price:
$11.4
Market Cap:
$2.32B
Shanghai Ace Investment & Development Co., Ltd. engages in the supply chain logistics and supply chain execution trading businesses in China. The company offers multimodal transport of railways, highways, and waterways; third-party logistics services; bonded warehousing; loading and unloading operations; and warehousing and logistics supervision services. It also provides logistics and trade services of sulfur, fertilizers, non-ferrous metals, mineral products, and other goods. The company was founded in 2003 and is headquartered in Shanghai, China. Shanghai Ace Investment & Development Co., Ltd. operates as a subsidiary of Jiangsu Yashi Investment Group Co., Ltd.
Industry
Marine Shipping
IPO Date
2018-01-12
Stock Exchange
SHH
Ticker
603329.SS
According to Shanghai Ace Investment & Development Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.19. This represents a change of -2.84% compared to the average of 1.22 of the last 4 quarters.
The mean historical Current Ratio of Shanghai Ace Investment & Development Co., Ltd. over the last ten years is 2.00. The current 1.19 Current Ratio has changed 5.84% with respect to the historical average. Over the past ten years (40 quarters), 603329.SS's Current Ratio was at its highest in in the March 2018 quarter at 4.34. The Current Ratio was at its lowest in in the September 2016 quarter at 0.
Average
2.00
Median
1.97
Minimum
1.30
Maximum
2.85
Discovering the peaks and valleys of Shanghai Ace Investment & Development 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 = 23.60%
Maximum Annual Current Ratio = 2.85
Minimum Annual Increase = -33.88%
Minimum Annual Current Ratio = 1.30
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.30 | -33.88% |
| 2023 | 1.97 | 0.49% |
| 2022 | 1.96 | 9.80% |
| 2021 | 1.79 | 23.60% |
| 2020 | 1.44 | -17.78% |
| 2019 | 1.76 | -16.91% |
| 2018 | 2.11 | -25.90% |
| 2017 | 2.85 | 11.96% |
| 2016 | 2.55 | 11.07% |
| 2015 | 2.29 | 5.20% |
The current Current Ratio of Shanghai Ace Investment & Development Co., Ltd. (603329.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
1.74
5-year avg
1.69
10-year avg
2.00
Shanghai Ace Investment & Development Co., Ltd.’s Current Ratio is less than Super-Dragon Engineering Plastics Co., Ltd (2.11), less than Suzhou Institute of Building Science Group Co.,Ltd (1.76), less than Shenzhen Mingdiao Decoration Co., Ltd. (1.47), less than Xuchang KETOP Testing Research Institute Co.,Ltd (15.80), less than Suzhou Mingzhi Technology Co., Ltd. (3.26), less than Ningbo United Group Co.,Ltd. (2.76), less than Hangzhou Xili Intelligent Technology Co.,Ltd (3.43), less than Shenzhen Sine Electric Co.,Ltd. (4.43), less than Ningbo Xianfeng New Material Co.,Ltd (9.58), less than Jiangsu Hongde Special Parts Co.,Ltd. (3.32),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.11 | $2.24B | |
| 1.76 | $2.30B | |
| 1.47 | $3.06B | |
| 15.80 | $2.43B | |
| 3.26 | $2.25B | |
| 2.76 | $2.40B | |
| 3.43 | $2.24B | |
| 4.43 | $2.13B | |
| 9.58 | $2.09B | |
| 3.32 | $2.31B |
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