605028.SS
Price:
$28.34
Market Cap:
$4.53B
Ningbo Shimao Energy Co., Ltd. engages in the generation of industrial steam and electricity. It operates through the following business segments: Domestic Waste Incineration, Cogeneration and Environmental Management. The Domestic Waste Incineration segment provides garbage disposal services. The Cogeneration segment includes thermal power generation and supply. The Environmental Management segment promotes disclosure and monitoring of environmental protection data and information. The company was founded on December 10, 2003 and is headquartered in Yuyao, China.
Industry
Renewable Utilities
IPO Date
2021-07-12
Stock Exchange
SHH
Ticker
605028.SS
According to Ningbo Shimao Energy Co.,Ltd’s latest financial reports and current stock price. The company's current Current Ratio is 6.06. This represents a change of 5.54% compared to the average of 5.74 of the last 4 quarters.
The mean historical Current Ratio of Ningbo Shimao Energy Co.,Ltd over the last ten years is 3.80. The current 6.06 Current Ratio has changed 15.83% with respect to the historical average. Over the past ten years (40 quarters), 605028.SS's Current Ratio was at its highest in in the September 2021 quarter at 9.91. The Current Ratio was at its lowest in in the March 2020 quarter at 0.
Average
3.80
Median
2.13
Minimum
0.46
Maximum
9.27
Discovering the peaks and valleys of Ningbo Shimao Energy 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 = 335.42%
Maximum Annual Current Ratio = 9.27
Minimum Annual Increase = -60.09%
Minimum Annual Current Ratio = 0.46
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 5.23 | 4.58% |
| 2023 | 5.00 | -42.24% |
| 2022 | 8.66 | -6.54% |
| 2021 | 9.27 | 335.42% |
| 2020 | 2.13 | 291.02% |
| 2019 | 0.54 | 19.44% |
| 2018 | 0.46 | -45.99% |
| 2017 | 0.84 | -60.09% |
The current Current Ratio of Ningbo Shimao Energy Co.,Ltd (605028.SS) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
6.30
5-year avg
6.06
10-year avg
3.80
Ningbo Shimao Energy Co.,Ltd’s Current Ratio is greater than Sinoma Energy Conservation Ltd. (1.50), less than Zhejiang Xinzhonggang Thermal Power Co., Ltd. (8.37), greater than Fujian Mindong Electric Power Limited Company (4.34), greater than Wuhan Sanzhen Industry Holding Co.,Ltd (0.88), greater than Changchun Gas Co,.Ltd (0.47), greater than Dayu Irrigation Group Co.,Ltd. (1.22), greater than Zhejiang Fuchunjiang Environmental Thermoelectric Co.,LTD. (0.79), greater than Fujian Haixia Environmental Protection Group Co.,Ltd. (1.11), greater than Xinjiang East Universe Gas Co.Ltd. (1.87), greater than Haitian Water Group Co.,Ltd (1.24),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.50 | $4.28B | |
| 8.37 | $3.65B | |
| 4.34 | $6.52B | |
| 0.88 | $4.28B | |
| 0.47 | $3.69B | |
| 1.22 | $3.93B | |
| 0.79 | $4.32B | |
| 1.11 | $4.71B | |
| 1.87 | $3.79B | |
| 1.24 | $4.91B |
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