605368.SS
Price:
$9.38
Market Cap:
$6.70B
Henan Lantian Gas Co.,Ltd. transports and sells natural gas pipelines. The company develops and utilizes natural gas related products, as well as involved in natural gas pipeline management services. It also engages in natural gas long-distance pipeline and downstream gas businesses. The company was founded in 2002 and is based in Zhumadian City, China. Henan Lantian Gas Co., Ltd. operates as a subsidiary of Henan Lantian Group Co.,Ltd.
Industry
Regulated Gas
IPO Date
2021-01-29
Stock Exchange
SHH
Ticker
605368.SS
According to Henan Lantian Gas Co.,Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.01. This represents a change of -15.89% compared to the average of 1.20 of the last 4 quarters.
The mean historical Current Ratio of Henan Lantian Gas Co.,Ltd. over the last ten years is 0.71. The current 1.01 Current Ratio has changed 13.97% with respect to the historical average. Over the past ten years (40 quarters), 605368.SS's Current Ratio was at its highest in in the March 2024 quarter at 1.83. The Current Ratio was at its lowest in in the March 2017 quarter at 0.
Average
0.71
Median
0.52
Minimum
0.31
Maximum
1.54
Discovering the peaks and valleys of Henan Lantian Gas 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 = 69.99%
Maximum Annual Current Ratio = 1.54
Minimum Annual Increase = -71.84%
Minimum Annual Current Ratio = 0.31
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.25 | -18.56% |
| 2023 | 1.54 | 69.99% |
| 2022 | 0.90 | 4.99% |
| 2021 | 0.86 | 65.59% |
| 2020 | 0.52 | -1.44% |
| 2019 | 0.53 | 7.17% |
| 2018 | 0.49 | 17.39% |
| 2017 | 0.42 | 30.28% |
| 2016 | 0.32 | 3.59% |
| 2015 | 0.31 | -71.84% |
The current Current Ratio of Henan Lantian Gas Co.,Ltd. (605368.SS) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages
3-year avg
1.23
5-year avg
1.02
10-year avg
0.71
Henan Lantian Gas Co.,Ltd.’s Current Ratio is greater than Bestsun Energy Co., Ltd. (0.48), greater than Guangzhou Hengyun Enterprises Holding Ltd (0.89), less than Top Energy Company Ltd.Shanxi (1.86), less than Xinjiang East Universe Gas Co.Ltd. (1.87), greater than Guizhou Gas Group Corporation Ltd. (0.75), greater than GuiZhou QianYuan Power Co., Ltd. (0.25), less than Chengdu Gas Group Corporation Ltd. (1.28), less than Suntar Environmental Technology Co., Ltd. (2.85), greater than Sichuan Guangan Aaapublic Co.,Ltd (0.87), greater than Chongqing Gas Group Corporation Ltd. (0.68),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.48 | $5.71B | |
| 0.89 | $6.72B | |
| 1.86 | $6.74B | |
| 1.87 | $3.79B | |
| 0.75 | $7.89B | |
| 0.25 | $7.78B | |
| 1.28 | $8.84B | |
| 2.85 | $5.72B | |
| 0.87 | $5.81B | |
| 0.68 | $8.88B |
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