CNER
Price:
$0.007
Market Cap:
$717.52K
Based in Tianjin, China, China New Energy Group Co. operates as a natural gas firm specializing in the creation, construction, and management of natural gas distribution infrastructure. The company supplies natural gas to residential, industrial, and commercial clients across various small and medium-sized urban centers in China. It possesses the exclusive rights to establish and manage gas distribution networks in specific cities, including Dashiqiao, Nandaihe, Zhanhua, and Wuyuan. Its combined distribution systems currently deliver service to an estimated 64,000 consumers.
Industry
Shell Companies
IPO Date
2004-05-12
Stock Exchange
OTC
Ticker
CNER
According to China New Energy Group Co.’s latest financial reports and current stock price. The company's current Current Ratio is 0.02. This represents a change of 75.41% compared to the average of 0.01 of the last 4 quarters.
The mean historical Current Ratio of China New Energy Group Co. over the last ten years is 0.73. The current 0.02 Current Ratio has changed 131.84% with respect to the historical average. Over the past ten years (40 quarters), CNER's Current Ratio was at its highest in in the April 2005 quarter at 7.69. The Current Ratio was at its lowest in in the July 2007 quarter at 0.
Average
0.73
Median
0.24
Minimum
0
Maximum
2.77
Discovering the peaks and valleys of China New Energy Group Co. 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 = 0%
Maximum Annual Current Ratio = 2.77
Minimum Annual Increase = 0%
Minimum Annual Current Ratio = 0
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 0.21 | Infinity% |
| 2024 | 0 | -100.00% |
| 2023 | 1.14 | Infinity% |
| 2022 | 0 | 0% |
| 2021 | 0 | -100.00% |
| 2009 | 1.06 | -61.70% |
| 2008 | 2.77 | Infinity% |
| 2007 | 0 | -100.00% |
| 2006 | 1.89 | 604.73% |
| 2005 | 0.27 | -58.57% |
The current Current Ratio of China New Energy Group Co. (CNER) 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
0.45
5-year avg
0.27
10-year avg
0.73
China New Energy Group Co.’s Current Ratio is less than Gemini Group Global Corp. (0.04), less than Bally, Corp. (0.10), greater than Smart Cannabis Corp. (0), less than ACC Aviation Holdings Ltd. (1.96), less than Ilustrato Pictures International Inc. (1.61), less than Medical Care Technologies Inc. (30.24), greater than Coyni, Inc. (0.01), less than Tanke Biosciences Corporation (0.03), greater than Livechain Inc. (0), less than Qian Yuan Baixing, Inc. (1.96),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.04 | $956.50K | |
| 0.10 | $985.00 | |
| 0 | $1.01M | |
| 1.96 | $16.54M | |
| 1.61 | $499.06K | |
| 30.24 | $650.03K | |
| 0.01 | $202.60K | |
| 0.03 | $422.50K | |
| 0 | $853.40K | |
| 1.96 | $559.01K |
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