Folkup Development Inc.

Folkup Development Inc.verified

FLDI

Price:

$6

Market Cap:

$22.80M

Folkup Development Inc through its subsidiary provides renewable energy products and solutions to customers in Hong Kong. The company invest, supply and install rooftop and greenfield solar system, and hydroponics farms. Its product includes Rooftop Solar Pergola for village houses; Rooftop Solar Glasshouse; Wheelset Solar Carport; Retractile Solar Carport; UND (Up-N-Down) Solar Pergola; Hydroponic Solar Greenhouse and others.

Industry

Solar

IPO Date

2019-08-29

Stock Exchange

OTC

Ticker

FLDI

The Current Ratio as of November 2025 (TTM) for Folkup Development Inc. (FLDI) is 0.63

According to Folkup Development Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.63. This represents a change of -8.17% compared to the average of 0.68 of the last 4 quarters.

Folkup Development Inc. (FLDI) Historical Current Ratio (quarterly & annually)

How has FLDI Current Ratio performed in the past?

The mean historical Current Ratio of Folkup Development Inc. over the last ten years is 1.51. The current 0.63 Current Ratio has changed 4.06% with respect to the historical average. Over the past ten years (40 quarters), FLDI's Current Ratio was at its highest in in the May 2018 quarter at 2.11. The Current Ratio was at its lowest in in the February 2017 quarter at 0.

Quarterly (TTM)
Annual

Average

1.51

Median

1.31

Minimum

0.61

Maximum

3.41

Folkup Development Inc. (FLDI) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Folkup Development Inc. 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 = 22.72%

Maximum Annual Current Ratio = 3.41

Minimum Annual Increase = -61.74%

Minimum Annual Current Ratio = 0.61

Quarterly (TTM)
Annual
YearCurrent RatioChange
20200.632.59%
20190.61-61.72%
20181.6022.72%
20171.31-61.74%

Folkup Development Inc. (FLDI) Average Current Ratio

How has FLDI Current Ratio performed in the past?

The current Current Ratio of Folkup Development Inc. (FLDI) 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

0.95

5-year avg

1.51

10-year avg

1.51

Folkup Development Inc. (FLDI) Current Ratio vs. Peers

How is FLDI’s Current Ratio compared to its peers?

Folkup Development Inc.’s Current Ratio is less than Phoenix Plus Corp. (1.84), less than Trinity Exploration & Production plc (1.44), less than Bakken Water Transfer Services, Inc. (1.70), less than Perpetual Energy Inc. (1.57), less than Petrofac Limited (0.72), less than 88 Energy Limited (18.49), less than American Uranium Ltd. (3.64), greater than Molecular Energies PLC (0.63), greater than Net Zero Renewable Energy Inc. (0.03), less than Quadrise Fuels International plc (10.93),

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