8328.HK
Price:
$0.65
Market Cap:
$510.60M
Xinyi Electric Storage Holdings Limited, an investment holding company, engages in energy storage, EPC services, automobile glass repair and replacement services, and other businesses in the People's Republic of China. It offers lithium battery products; and battery pack and energy storage system facilities with lithium batteries, including power banks for manufacturing facilities to facilitate load shifting and power stabilization, as well as uninterruptible power supply and power banks for households. The company also provides contract processing services; engineering, procurement, and construction services (EPC Services) for photovoltaic power stations; and automobile glass repair and rep...[Read more]
Industry
Electrical Equipment & Parts
IPO Date
2016-07-11
Stock Exchange
HKSE
Ticker
8328.HK
According to Xinyi Electric Storage Holdings Limited’s latest financial reports and current stock price. The company's current Current Ratio is 1.06. This represents a change of -1.13% compared to the average of 1.07 of the last 4 quarters.
The mean historical Current Ratio of Xinyi Electric Storage Holdings Limited over the last ten years is 2.32. The current 1.06 Current Ratio has changed 4.46% with respect to the historical average. Over the past ten years (40 quarters), 8328.HK's Current Ratio was at its highest in in the June 2016 quarter at 10.76. The Current Ratio was at its lowest in in the September 2015 quarter at 0.
Average
2.32
Median
1.68
Minimum
1.08
Maximum
4.63
Discovering the peaks and valleys of Xinyi Electric Storage 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 = 325.21%
Maximum Annual Current Ratio = 4.63
Minimum Annual Increase = -62.48%
Minimum Annual Current Ratio = 1.08
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.08 | -12.19% |
| 2023 | 1.23 | -8.05% |
| 2022 | 1.34 | -24.91% |
| 2021 | 1.79 | -35.70% |
| 2020 | 2.78 | -21.03% |
| 2019 | 3.52 | -23.90% |
| 2018 | 4.63 | 325.21% |
| 2017 | 1.09 | -30.67% |
| 2016 | 1.57 | -62.48% |
| 2015 | 4.18 | -29.13% |
The current Current Ratio of Xinyi Electric Storage Holdings Limited (8328.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
1.22
5-year avg
1.65
10-year avg
2.32
Xinyi Electric Storage Holdings Limited’s Current Ratio is less than HG Semiconductor Limited (6.47), less than Modern Innovative Digital Technology Company Limited (16.91), less than Chinney Kin Wing Holdings Limited (1.28), less than China Titans Energy Technology Group Co., Limited (1.99), less than Dragon Rise Group Holdings Limited (2.54), less than GME Group Holdings Limited (2.15), less than Renze Harvest International Limited (1.35), less than Baguio Green Group Limited (1.40), less than Hollwin Urban Operation Service Group Co., Ltd (1.58), less than Wai Kee Holdings Limited (1.36),
| Company | Current Ratio | Market cap |
|---|---|---|
| 6.47 | $497.57M | |
| 16.91 | $473.87M | |
| 1.28 | $525.00M | |
| 1.99 | $279.01M | |
| 2.54 | $794.88M | |
| 2.15 | $501.71M | |
| 1.35 | $353.95M | |
| 1.40 | $547.80M | |
| 1.58 | $472.06M | |
| 1.36 | $729.67M |
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