As of July 16, 2025, China Nonferrous Mining Corp Ltd (1258.HK) reports a Current Ratio of 1.87.
Current Ratio assesses a company's ability to pay short-term debts by comparing liquid assets to liabilities, with higher ratios signaling better financial health.
Historical Trend of China Nonferrous Mining Corp Ltd's Current Ratio
Over recent years, China Nonferrous Mining Corp Ltd's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2024-12-31 | 1.87 |
| 2023-12-31 | 1.87 |
| 2022-12-31 | 2.00 |
| 2021-12-31 | 2.37 |
| 2020-12-31 | 1.25 |
This slight downward trend highlights how China Nonferrous Mining Corp Ltd manages its short-term assets and liabilities over time.
Comparing China Nonferrous Mining Corp Ltd's Current Ratio to Peers
To better understand China Nonferrous Mining Corp Ltd's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| China Nonferrous Mining Corp Ltd (1258.HK) | 1.87 |
| China Rare Earth Holdings Ltd (769.HK) | 17.17 |
| Jiangsu Boqian New Materials Stock Co Ltd (605376.SS) | 3.58 |
| Hunan Gold Corp Ltd (002155.SZ) | 2.41 |
| Innuovo Technology Co Ltd (000795.SZ) | 2.34 |
| Wuxi Paike New Materials Technology Co Ltd (605123.SS) | 2.12 |
Compared to its competitors, China Nonferrous Mining Corp Ltd's Current Ratio is among the highest compared to peers, indicating strong short-term financial flexibility but potentially excess cash that could be invested.