CHWRF
Price:
$1.38
Market Cap:
$197.90B
China Tower Corporation Limited provides telecommunication tower infrastructure services in the People's Republic of China. The company engages in the construction, maintenance, and operation of base station ancillary facilities, such as telecommunications towers and public network coverage in high-speed railways and subways, and large-scale indoor distributed antenna systems. It offers towers, and shelters or cabinets; and ancillary equipment to telecommunication services providers for installation of the telecommunications equipment. The company also provides maintenance services, including monitoring equipment operation, routine inspection, device breakdown handling, property upkeep, work...[Read more]
Industry
Telecommunications Services
IPO Date
2018-10-05
Stock Exchange
OTC
Ticker
CHWRF
According to China Tower Corporation Limited’s latest financial reports and current stock price. The company's current Current Ratio is 1.09. This represents a change of 89.96% compared to the average of 0.57 of the last 4 quarters.
The mean historical Current Ratio of China Tower Corporation Limited over the last ten years is 0.60. The current 1.09 Current Ratio has changed 17.93% with respect to the historical average. Over the past ten years (40 quarters), CHWRF's Current Ratio was at its highest in in the March 2024 quarter at 1.45. The Current Ratio was at its lowest in in the March 2017 quarter at 0.
Average
0.60
Median
0.52
Minimum
0.20
Maximum
1.22
Discovering the peaks and valleys of China Tower Corporation 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 = 60.10%
Maximum Annual Current Ratio = 1.22
Minimum Annual Increase = -70.72%
Minimum Annual Current Ratio = 0.20
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.21 | -1.31% |
| 2023 | 1.22 | 60.10% |
| 2022 | 0.76 | 20.21% |
| 2021 | 0.63 | 56.63% |
| 2020 | 0.41 | 26.86% |
| 2019 | 0.32 | 15.26% |
| 2018 | 0.28 | 36.24% |
| 2017 | 0.20 | -11.80% |
| 2016 | 0.23 | -70.72% |
The current Current Ratio of China Tower Corporation Limited (CHWRF) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.06
5-year avg
0.85
10-year avg
0.60
China Tower Corporation Limited’s Current Ratio is less than Rogers Communications Inc. (1.70), greater than Telenor ASA (0.44), greater than Telenor ASA (0.44), greater than Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (0.71), greater than BT Group plc (0.81), greater than Advanced Info Service Public Company Limited (0.43), greater than Koninklijke KPN N.V. (0.72), greater than Koninklijke KPN N.V. (0.72), greater than Advanced Info Service Public Company Limited (0.43), greater than MTN Group Limited (0.93),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.70 | $20.96B | |
| 0.44 | $19.54B | |
| 0.44 | $20.53B | |
| 0.71 | $21.79B | |
| 0.81 | $23.38B | |
| 0.43 | $17.46B | |
| 0.72 | $17.94B | |
| 0.72 | $17.84B | |
| 0.43 | $28.49B | |
| 0.93 | $16.62B |
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