Ping An Biomedical Co., Ltd.

Ping An Biomedical Co., Ltd.verified

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

The Current Ratio as of November 2025 (TTM) for Ping An Biomedical Co., Ltd. (MJID) is 0.84

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.

Ping An Biomedical Co., Ltd. (MJID) Historical Current Ratio (quarterly & annually)

How has MJID Current Ratio performed in the past?

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.

Quarterly (TTM)
Annual

Average

0.92

Median

0.91

Minimum

0.84

Maximum

1.02

Ping An Biomedical Co., Ltd. (MJID) Current Ratio by Quarter and Year

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

Quarterly (TTM)
Annual
YearCurrent RatioChange
20240.84-6.22%
20230.89-12.50%
20221.029.94%

Ping An Biomedical Co., Ltd. (MJID) Average Current Ratio

How has MJID Current Ratio performed in the past?

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. (MJID) Current Ratio vs. Peers

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

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),

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