TNGPF
Price:
$0.041
Market Cap:
$203.16M
Tang Palace (China) Holdings Limited, an investment holding company, engages in the restaurant operation and food production businesses in the People's Republic of China. The company operates restaurants under the Tang Palace Seafood Restaurant, Tang's Cuisine, Tang Palace, Social Place, Canton Tea Room, Pepper Lunch, Soup Delice, and PappaRich brands. It is also involved in intangible asset holding, as well as retail and wholesale trading activities. As of December 31, 2021, the company operated 49 restaurants and 13 other restaurants under joint ventures. Tang Palace (China) Holdings Limited was founded in 1992 and is headquartered in Kowloon, Hong Kong.
Industry
Restaurants
IPO Date
2022-12-02
Stock Exchange
OTC
Ticker
TNGPF
According to Tang Palace (China) Holdings Limited’s latest financial reports and current stock price. The company's current Current Ratio is 1.03. This represents a change of 0.49% compared to the average of 1.03 of the last 4 quarters.
The mean historical Current Ratio of Tang Palace (China) Holdings Limited over the last ten years is 1.41. The current 1.03 Current Ratio has changed 7.21% with respect to the historical average. Over the past ten years (40 quarters), TNGPF's Current Ratio was at its highest in in the June 2011 quarter at 2.96. The Current Ratio was at its lowest in in the January 2010 quarter at 0.
Average
1.41
Median
1.32
Minimum
1.01
Maximum
1.89
Discovering the peaks and valleys of Tang Palace (China) 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 = 9.24%
Maximum Annual Current Ratio = 1.89
Minimum Annual Increase = -26.48%
Minimum Annual Current Ratio = 1.01
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.06 | 5.34% |
| 2023 | 1.01 | -3.59% |
| 2022 | 1.04 | -21.44% |
| 2021 | 1.33 | 1.53% |
| 2020 | 1.31 | 3.96% |
| 2019 | 1.26 | -26.48% |
| 2018 | 1.71 | -3.29% |
| 2017 | 1.77 | -6.60% |
| 2016 | 1.89 | 9.24% |
| 2015 | 1.73 | -12.82% |
The current Current Ratio of Tang Palace (China) Holdings Limited (TNGPF) 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
1.04
5-year avg
1.15
10-year avg
1.41
Tang Palace (China) Holdings Limited’s Current Ratio is less than Freshii Inc. (2.85), less than Le Saunda Holdings Limited (5.96), less than FrankSpeech Network, Inc. (0), greater than Gfinity plc (0.64), greater than Indigo Books & Music Inc. (1.01), greater than Global-Dining, Inc. (0.93), less than Solo Brands, Inc. (3.62), less than Tai Ping Carpets International Limited (1.54), greater than Alpha Network Alliance Ventures Inc. (0.02), greater than KeyStar Corp. (0.07),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.85 | $50.49M | |
| 5.96 | $50.12M | |
| 0 | $48.75M | |
| 0.64 | $45.03M | |
| 1.01 | $50.35M | |
| 0.93 | $27.31M | |
| 3.62 | $31.33M | |
| 1.54 | $42.44M | |
| 0.02 | $40.03M | |
| 0.07 | $56.88M |
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