CNF
Price:
$5.68
Market Cap:
$118.24M
CNFinance Holdings Limited, through its subsidiaries, provides home equity loan services in the People's Republic of China. It offers micro credit loan services for micro and small-enterprise owners; and loan lending agency services for financial institutions. The company also provides bridge loan products, which are unsecured short-term loans to pay off borrowers' existing loans secured by real property. It operates a network of 63 branches and sub-branches, which included 14 branches and sub-branches in the Pearl River Delta region, 7 branches and sub-branches in the Yangtze River Delta region, and 42 branches and sub-branches in other areas in approximately 50 cities in China. CNFinance H...[Read more]
Industry
Financial - Mortgages
IPO Date
2018-11-07
Stock Exchange
NYSE
Ticker
CNF
According to CNFinance Holdings Limited’s latest financial reports and current stock price. The company's current Current Ratio is 0.41. This represents a change of 148.18% compared to the average of 0.17 of the last 4 quarters.
The mean historical Current Ratio of CNFinance Holdings Limited over the last ten years is 7.67. The current 0.41 Current Ratio has changed 440.43% with respect to the historical average. Over the past ten years (40 quarters), CNF's Current Ratio was at its highest in in the September 2022 quarter at 252.85. The Current Ratio was at its lowest in in the March 2024 quarter at -97.75.
Average
7.67
Median
1.81
Minimum
0.25
Maximum
41.39
Discovering the peaks and valleys of CNFinance 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 = 822.51%
Maximum Annual Current Ratio = 41.39
Minimum Annual Increase = -97.00%
Minimum Annual Current Ratio = 0.25
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.25 | -48.81% |
| 2023 | 0.50 | -97.00% |
| 2022 | 16.52 | -60.09% |
| 2021 | 41.39 | 822.51% |
| 2020 | 4.49 | 70.66% |
| 2019 | 2.63 | 177.75% |
| 2018 | 0.95 | 92.80% |
| 2017 | 0.49 | -72.82% |
The current Current Ratio of CNFinance Holdings Limited (CNF) 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
5.76
5-year avg
12.63
10-year avg
7.67
CNFinance Holdings Limited’s Current Ratio is greater than LM Funding America, Inc. (0), greater than Carver Bancorp, Inc. (0), greater than Abits Group Inc. (0.20), less than Berto Acquisition Corp. (1.92), greater than Aurelion Inc. (0.35), greater than Garden Stage Limited Ordinary Shares (0), less than Magic Empire Global Limited (33.37), greater than Oxbridge Re Holdings Limited (0), less than Archimedes Tech SPAC Partners II Co. Ordinary Shares (13.59), greater than Presurance Holdings, Inc. (0),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0 | $4.90M | |
| 0 | $9.68M | |
| 0.20 | $10.40M | |
| 1.92 | $382.69M | |
| 0.35 | $10.08M | |
| 0 | $33.53M | |
| 33.37 | $9.60M | |
| 0 | $7.83M | |
| 13.59 | $316.02M | |
| 0 | $8.62M |
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