6898.HK
Price:
$0.74
Market Cap:
$707.72M
China Aluminum Cans Holdings Limited, an investment holding company, primarily manufactures and trades in aluminum aerosol cans in Mainland China, Africa, the United States, and rest of Asia. The company offers aluminum aerosol cans for packaging of fast-moving personal care products, such as sanitizer, body deodorants, hair styling products, and shaving creams; and pharmaceutical products, including pain relieving and antiseptic sprays, and spray dressings. The company was incorporated in 2012 and is headquartered in Zhongshan, the People's Republic of China. China Aluminum Cans Holdings Limited is a subsidiary of Wellmass International Limited.
Industry
Packaging & Containers
IPO Date
2013-07-12
Stock Exchange
HKSE
Ticker
6898.HK
According to China Aluminum Cans Holdings Limited’s latest financial reports and current stock price. The company's current Current Ratio is 5.31. This represents a change of -2.85% compared to the average of 5.46 of the last 4 quarters.
The mean historical Current Ratio of China Aluminum Cans Holdings Limited over the last ten years is 4.42. The current 5.31 Current Ratio has changed 11.90% with respect to the historical average. Over the past ten years (40 quarters), 6898.HK's Current Ratio was at its highest in in the June 2023 quarter at 7.33. The Current Ratio was at its lowest in in the January 2012 quarter at 0.
Average
4.42
Median
4.06
Minimum
1.99
Maximum
7.27
Discovering the peaks and valleys of China Aluminum Cans Holdings Limited 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 = 70.28%
Maximum Annual Current Ratio = 7.27
Minimum Annual Increase = -17.20%
Minimum Annual Current Ratio = 1.99
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 5.38 | -17.20% |
| 2023 | 6.50 | -10.60% |
| 2022 | 7.27 | 2.31% |
| 2021 | 7.10 | 70.28% |
| 2020 | 4.17 | 5.58% |
| 2019 | 3.95 | 29.24% |
| 2018 | 3.06 | 9.38% |
| 2017 | 2.79 | 40.26% |
| 2016 | 1.99 | -0.97% |
| 2015 | 2.01 | -13.18% |
The current Current Ratio of China Aluminum Cans Holdings Limited (6898.HK) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages
3-year avg
6.38
5-year avg
6.08
10-year avg
4.42
China Aluminum Cans Holdings Limited’s Current Ratio is greater than Pacific Millennium Packaging Group Corporation (0.98), greater than Fulu Holdings Limited (3.73), greater than Imperium Technology Group Limited (0.21), greater than Lippo China Resources Limited (0.86), greater than Apollo Future Mobility Group Limited (1.81), less than Jiangsu Horizon (0), greater than Lisi Group (Holdings) Limited (1.74), greater than Miko International Holdings Limited (2.59), less than Time Watch Investments Limited (8.57), greater than Pegasus International Holdings Limited (5.00),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.98 | $751.58M | |
| 3.73 | $546.85M | |
| 0.21 | $463.71M | |
| 0.86 | $744.14M | |
| 1.81 | $756.60M | |
| 0 | $1.04B | |
| 1.74 | $725.21M | |
| 2.59 | $703.14M | |
| 8.57 | $679.16M | |
| 5.00 | $730.65M |
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