Ocean Line Port Development Limited

Ocean Line Port Development Limitedverified

8502.HK

Price:

$0.28

Market Cap:

$205.00M

Ocean Line Port Development Limited, an inland terminal operator, provides port logistic services in the People's Republic of China. The company operates two port terminals, including Jiangkou Terminal and Niutoushan Terminal located in Chizhou City, Anhui. It offers cargo uploading and unloading of cargoes, bulk cargoes handling, container handling, storage, short distance land transportation, and related ancillary port services. The company was founded in 2007 and is headquartered in Chizhou, the People's Republic of China. Ocean Line Port Development Limited is a subsidiary of Vital Force Development Limited.

Industry

Industrial - Infrastructure Operations

IPO Date

2018-07-10

Stock Exchange

HKSE

Ticker

8502.HK

The Current Ratio as of June 2025 (TTM) for Ocean Line Port Development Limited (8502.HK) is 2.82

According to Ocean Line Port Development Limited’s latest financial reports and current stock price. The company's current Current Ratio is 2.82. This represents a change of 5.02% compared to the average of 2.69 of the last 4 quarters.

Ocean Line Port Development Limited (8502.HK) Historical Current Ratio (quarterly & annually)

How has 8502.HK Current Ratio performed in the past?

The mean historical Current Ratio of Ocean Line Port Development Limited over the last ten years is 1.42. The current 2.82 Current Ratio has changed 19.81% with respect to the historical average. Over the past ten years (40 quarters), 8502.HK's Current Ratio was at its highest in in the September 2024 quarter at 2.82. The Current Ratio was at its lowest in in the January 2015 quarter at 0.

Quarterly (TTM)
Annual

Average

1.42

Median

1.13

Minimum

0.77

Maximum

2.82

Ocean Line Port Development Limited (8502.HK) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Ocean Line Port Development 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 = 46.43%

Maximum Annual Current Ratio = 2.82

Minimum Annual Increase = -33.12%

Minimum Annual Current Ratio = 0.77

Quarterly (TTM)
Annual
YearCurrent RatioChange
20242.8231.88%
20232.147.31%
20222.0026.01%
20211.5846.43%
20201.0818.77%
20190.9117.99%
20180.77-1.58%
20170.78-33.12%
20161.1727.99%

Ocean Line Port Development Limited (8502.HK) Average Current Ratio

How has 8502.HK Current Ratio performed in the past?

The current Current Ratio of Ocean Line Port Development Limited (8502.HK) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

2.32

5-year avg

1.92

10-year avg

1.42

Ocean Line Port Development Limited (8502.HK) Current Ratio vs. Peers

How is 8502.HK’s Current Ratio compared to its peers?

Ocean Line Port Development Limited’s Current Ratio is less than Hyfusin Group Holdings Limited (4.12), greater than i.century Holding Limited (0.91), greater than Wan Leader International Limited (2.15), less than Amuse Group Holding Limited (5.32), greater than Jia Group Holdings Limited (0.48),

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