8246.HK
Price:
$0.084
Market Cap:
$305.27M
Zhonghua Gas Holdings Limited, an investment holding company, provides integrated new energy services primarily in the People's Republic of China. Its New Energy Business segment provides integrated new energy services, including technological development, construction, and consultancy services for heat supply and coal-to-natural gas conversion. This segment also supplies liquefied natural gas, as well as trades in new energy related industrial products. The company's Property Investments segment leases investment properties. It also provides money lending and corporate services. The company was formerly known as Northern New Energy Holdings Limited and changed its name to Zhonghua Gas Holdi...[Read more]
Industry
Engineering & Construction
IPO Date
2011-12-30
Stock Exchange
HKSE
Ticker
8246.HK
According to Zhonghua Gas Holdings Limited’s latest financial reports and current stock price. The company's current Current Ratio is 2.03. This represents a change of 15.00% compared to the average of 1.76 of the last 4 quarters.
The mean historical Current Ratio of Zhonghua Gas Holdings Limited over the last ten years is 2.45. The current 2.03 Current Ratio has changed 8.20% with respect to the historical average. Over the past ten years (40 quarters), 8246.HK's Current Ratio was at its highest in in the December 2019 quarter at 4.11. The Current Ratio was at its lowest in in the September 2015 quarter at 0.
Average
2.45
Median
2.26
Minimum
1.46
Maximum
4.11
Discovering the peaks and valleys of Zhonghua Gas 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 = 77.71%
Maximum Annual Current Ratio = 4.11
Minimum Annual Increase = -40.00%
Minimum Annual Current Ratio = 1.46
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.70 | 5.36% |
| 2023 | 1.61 | 10.52% |
| 2022 | 1.46 | -33.78% |
| 2021 | 2.20 | -40.00% |
| 2020 | 3.67 | -10.62% |
| 2019 | 4.11 | 77.71% |
| 2018 | 2.31 | -6.42% |
| 2017 | 2.47 | -12.82% |
| 2016 | 2.83 | 36.38% |
| 2015 | 2.08 | 69.80% |
The current Current Ratio of Zhonghua Gas Holdings Limited (8246.HK) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
1.59
5-year avg
2.13
10-year avg
2.45
Zhonghua Gas Holdings Limited’s Current Ratio is greater than Yau Lee Holdings Limited (1.09), greater than Zhonggan Communication (Group) Holdings Limited (1.34), greater than Hanison Construction Holdings Limited (0.96), greater than TBK & Sons Holdings Limited (1.92), less than Man Shun Group (Holdings) Limited (10.03), greater than CT Vision S.L. (International) Holdings Limited (1.17), greater than Ka Shui International Holdings Limited (1.64), less than Yues International Holdings Group Limited (2.84), greater than CHTC Fong's International Company Limited (0.58), less than D&G Technology Holding Company Limited (2.84),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.09 | $297.88M | |
| 1.34 | $288.00M | |
| 0.96 | $268.27M | |
| 1.92 | $230.00M | |
| 10.03 | $310.00M | |
| 1.17 | $273.66M | |
| 1.64 | $344.10M | |
| 2.84 | $386.91M | |
| 0.58 | $330.06M | |
| 2.84 | $225.71M |
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