6988.HK
Price:
$0.119
Market Cap:
$282.26M
Joy Spreader Group Inc., a marketing technology company, provides digital marketing services in the People's Republic of China. The company provides mobile new media performance-based marketing services to interactive entertainment and other digital products providers, such as game developers, online literature providers, app and other digital product developers, etc. It also distributes and publishes products and mobile new media content for subscribers to purchase, download, install, or top up for the content, as well as provides video e-commerce marketing services. Joy Spreader Group Inc. was founded in 2008 and is headquartered in Beijing, the People's Republic of China.
Industry
Advertising Agencies
IPO Date
2020-09-23
Stock Exchange
HKSE
Ticker
6988.HK
According to Joy Spreader Group Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.86. This represents a change of -0.08% compared to the average of 1.86 of the last 4 quarters.
The mean historical Current Ratio of Joy Spreader Group Inc. over the last ten years is 7.87. The current 1.86 Current Ratio has changed 2.26% with respect to the historical average. Over the past ten years (40 quarters), 6988.HK's Current Ratio was at its highest in in the March 2022 quarter at 49.06. The Current Ratio was at its lowest in in the March 2016 quarter at 0.
Average
7.87
Median
7.71
Minimum
1.49
Maximum
20.63
Discovering the peaks and valleys of Joy Spreader Group Inc. 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 = 135.78%
Maximum Annual Current Ratio = 20.63
Minimum Annual Increase = -75.98%
Minimum Annual Current Ratio = 1.49
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.86 | -75.98% |
| 2023 | 7.75 | 1.13% |
| 2022 | 7.67 | -53.97% |
| 2021 | 16.66 | -19.22% |
| 2020 | 20.63 | 135.78% |
| 2019 | 8.75 | 5.64% |
| 2018 | 8.28 | 133.95% |
| 2017 | 3.54 | 75.02% |
| 2016 | 2.02 | 35.87% |
The current Current Ratio of Joy Spreader Group Inc. (6988.HK) 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
5.76
5-year avg
10.91
10-year avg
7.87
Joy Spreader Group Inc.’s Current Ratio is greater than Asiaray Media Group Limited (0.74), less than SEEC Media Group Limited (2.10), greater than Duiba Group Limited (1.81), greater than ShiFang Holding Limited (0.64), greater than Sinco Pharmaceuticals Holdings Limited (1.16), greater than Bright Future Technology Holdings Limited (1.63), less than Culturecom Holdings Limited (3.52), greater than Winto Group (Holdings) Limited (0.41), greater than Dowway Holdings Limited (1.03), greater than China Parenting Network Holdings Limited (0.43),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.74 | $291.00M | |
| 2.10 | $850.82M | |
| 1.81 | $267.05M | |
| 0.64 | $290.37M | |
| 1.16 | $386.25M | |
| 1.63 | $276.00M | |
| 3.52 | $295.35M | |
| 0.41 | $22.21M | |
| 1.03 | $223.30M | |
| 0.43 | $24.63M |
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