605580.SS
Price:
$38.31
Market Cap:
$10.73B
Hengsheng Energy Co., Ltd produces and supplies electric power and heat. It is involved in the generation, transmission, distribution, and transformation of thermal power, as well as provision of steam and hot water. The company was formerly known as Zhejiang Longyou Hengsheng Heating Co., Ltd. Hengsheng Energy Co., Ltd was founded in 2007 and is headquartered in Quzhou, China.
Industry
Renewable Utilities
IPO Date
2021-08-19
Stock Exchange
SHH
Ticker
605580.SS
According to Hengsheng Energy Co., Ltd’s latest financial reports and current stock price. The company's current Current Ratio is 0.73. This represents a change of -14.84% compared to the average of 0.86 of the last 4 quarters.
The mean historical Current Ratio of Hengsheng Energy Co., Ltd over the last ten years is 1.26. The current 0.73 Current Ratio has changed 5.72% with respect to the historical average. Over the past ten years (40 quarters), 605580.SS's Current Ratio was at its highest in in the September 2022 quarter at 4.65. The Current Ratio was at its lowest in in the March 2016 quarter at 0.
Average
1.26
Median
0.83
Minimum
0.49
Maximum
2.96
Discovering the peaks and valleys of Hengsheng 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 = 371.69%
Maximum Annual Current Ratio = 2.96
Minimum Annual Increase = -50.83%
Minimum Annual Current Ratio = 0.49
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.26 | -20.90% |
| 2023 | 1.60 | -45.96% |
| 2022 | 2.96 | 0.58% |
| 2021 | 2.94 | 371.69% |
| 2020 | 0.62 | 23.54% |
| 2019 | 0.50 | 3.00% |
| 2018 | 0.49 | -50.83% |
| 2017 | 1.00 | 48.82% |
| 2016 | 0.67 | 21.33% |
The current Current Ratio of Hengsheng Energy Co., Ltd (605580.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
1.94
5-year avg
1.88
10-year avg
1.26
Hengsheng Energy Co., Ltd’s Current Ratio is less than Zhongmin Energy Co., Ltd. (2.82), less than Hangzhou Cogeneration Group Co., Ltd. (1.70), less than Ningxia Jiaze Renewables Corporation Limited (1.95), less than Jiangsu New Energy Development Co., Ltd. (2.30), less than Jinneng Holding Shanxi Electric Power Co.,LTD. (0.98), less than Chongqing Three Gorges Water Conservancy and Electric Power Co., Ltd. (0.74), less than Chengdu Gas Group Corporation Ltd. (1.28), greater than Henan Yuneng Holdings Co.,Ltd. (0.51), greater than Chongqing Gas Group Corporation Ltd. (0.68), greater than Jiangxi Ganneng Co., Ltd. (0.57),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.82 | $11.55B | |
| 1.70 | $8.36B | |
| 1.95 | $10.64B | |
| 2.30 | $10.79B | |
| 0.98 | $8.92B | |
| 0.74 | $12.45B | |
| 1.28 | $8.85B | |
| 0.51 | $8.45B | |
| 0.68 | $8.91B | |
| 0.57 | $9.87B |
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