MJID
Price:
$1.24
Market Cap:
$179.70M
Majestic Ideal Holdings Limited, through its subsidiary, New Brand Cashmere Products Co., Ltd, provides supply chain management services in the apparel industry in the People's Republic of China. Its services include market trend analysis, product design and development, raw material sourcing, production and quality control, and logistics management. The company offers a range of yarn products, textiles, and finished garments; and real property investment and warehousing services. It serves brand owners, textile manufacturers, apparel sourcing agents, and online fashion and garment retailers. Majestic Ideal Holdings Limited was incorporated in 2021 and is based in Cheung Sha Wan, Hong Kong. ...[Read more]
Industry
Manufacturing - Textiles
IPO Date
2025-07-18
Stock Exchange
NASDAQ
Ticker
MJID
According to Ping An Biomedical Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 0.84. This represents a change of -3.40% compared to the average of 0.87 of the last 4 quarters.
The mean historical Current Ratio of Ping An Biomedical Co., Ltd. over the last ten years is 0.92. The current 0.84 Current Ratio has changed 9.00% with respect to the historical average. Over the past ten years (40 quarters), MJID's Current Ratio was at its highest in in the March 2024 quarter at 0.90. The Current Ratio was at its lowest in in the September 2024 quarter at 0.84.
Average
0.92
Median
0.91
Minimum
0.84
Maximum
1.02
Discovering the peaks and valleys of Ping An Biomedical Co., Ltd. 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 = 9.94%
Maximum Annual Current Ratio = 1.02
Minimum Annual Increase = -12.50%
Minimum Annual Current Ratio = 0.84
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.84 | -6.22% |
| 2023 | 0.89 | -12.50% |
| 2022 | 1.02 | 9.94% |
The current Current Ratio of Ping An Biomedical Co., Ltd. (MJID) 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
0.92
5-year avg
0.92
10-year avg
0.92
Ping An Biomedical Co., Ltd.’s Current Ratio is less than Electrameccanica Vehicles Corp. (13.36), less than Eightco Holdings Inc. (18.87), less than LL Flooring Holdings, Inc. (1.54), less than FG Group Holdings Inc. (1.27), less than Tupperware Brands Corporation (1.31), less than Bit Brother Limited (0), less than Cazoo Group Ltd (1.76), less than Nu Ride Inc. (59.36), less than BowFlex Inc. (1.99), greater than noco-noco Inc. (0.14),
| Company | Current Ratio | Market cap |
|---|---|---|
| 13.36 | $25.36M | |
| 18.87 | $541.95M | |
| 1.54 | $25.87M | |
| 1.27 | $24.44M | |
| 1.31 | $23.73M | |
| 0 | $22.41M | |
| 1.76 | $29.54M | |
| 59.36 | $21.89M | |
| 1.99 | $351.80K | |
| 0.14 | $20.16M |
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