As of June 15, 2025, ZMFY Automobile Glass Services Limited (8135.HK) reports a Current Ratio of 8.36.
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 ZMFY Automobile Glass Services Limited's Current Ratio
Over recent years, ZMFY Automobile Glass Services Limited's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2020-12-31 | 8.36 |
| 2019-12-31 | 8.57 |
| 2018-12-31 | 5.17 |
| 2017-12-31 | 4.33 |
| 2016-12-31 | 5.41 |
This slight downward trend highlights how ZMFY Automobile Glass Services Limited manages its short-term assets and liabilities over time.
Comparing ZMFY Automobile Glass Services Limited's Current Ratio to Peers
To better understand ZMFY Automobile Glass Services Limited's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| ZMFY Automobile Glass Services Limited (8135.HK) | 8.36 |
| TL Natural Gas Holdings Ltd (8536.HK) | 5.07 |
| Permaju Industries Berhad (PERMAJU.KL) | 3.32 |
| Guangdong Jadiete Holdings Group Co Ltd (200168.SZ) | 2.72 |
| Hunan Heshun Petroleum Co Ltd (603353.SS) | 2.18 |
| BYBON Group Co Ltd (300736.SZ) | 2.13 |
Compared to its competitors, ZMFY Automobile Glass Services Limited's Current Ratio is higher than all peers, indicating strong short-term financial flexibility but potentially excess cash that could be invested.