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A-Living Smart City Services Co (HKSE:03319) Current Ratio : 1.82 (As of Dec. 2023)


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What is A-Living Smart City Services Co Current Ratio?

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. A-Living Smart City Services Co's current ratio for the quarter that ended in Dec. 2023 was 1.82.

A-Living Smart City Services Co has a current ratio of 1.82. It generally indicates good short-term financial strength.

The historical rank and industry rank for A-Living Smart City Services Co's Current Ratio or its related term are showing as below:

HKSE:03319' s Current Ratio Range Over the Past 10 Years
Min: 0.77   Med: 1.85   Max: 3.47
Current: 1.82

During the past 10 years, A-Living Smart City Services Co's highest Current Ratio was 3.47. The lowest was 0.77. And the median was 1.85.

HKSE:03319's Current Ratio is ranked better than
55.73% of 1825 companies
in the Real Estate industry
Industry Median: 1.62 vs HKSE:03319: 1.82

A-Living Smart City Services Co Current Ratio Historical Data

The historical data trend for A-Living Smart City Services Co's Current Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

A-Living Smart City Services Co Current Ratio Chart

A-Living Smart City Services Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.54 1.87 1.98 1.87 1.82

A-Living Smart City Services Co Semi-Annual Data
Dec14 Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.98 1.85 1.87 1.90 1.82

Competitive Comparison of A-Living Smart City Services Co's Current Ratio

For the Real Estate Services subindustry, A-Living Smart City Services Co's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


A-Living Smart City Services Co's Current Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, A-Living Smart City Services Co's Current Ratio distribution charts can be found below:

* The bar in red indicates where A-Living Smart City Services Co's Current Ratio falls into.



A-Living Smart City Services Co Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

A-Living Smart City Services Co's Current Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Current Ratio (A: Dec. 2023 )=Total Current Assets (A: Dec. 2023 )/Total Current Liabilities (A: Dec. 2023 )
=18034.213/9892.505
=1.82

A-Living Smart City Services Co's Current Ratio for the quarter that ended in Dec. 2023 is calculated as

Current Ratio (Q: Dec. 2023 )=Total Current Assets (Q: Dec. 2023 )/Total Current Liabilities (Q: Dec. 2023 )
=18034.213/9892.505
=1.82

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


A-Living Smart City Services Co  (HKSE:03319) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


A-Living Smart City Services Co Current Ratio Related Terms

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A-Living Smart City Services Co (HKSE:03319) Business Description

Traded in Other Exchanges
Address
26 Huaxia Road, 35th Floor, Agile Centre, Zhujiang New Town, Tianhe District, Guangdong Province, Guangzhou, CHN, 510623
A-Living Smart City Services, or A-Living, is one of Hong Kong's first listed property management companies. It was spun off from parent Agile Property Holdings in 2018, with Agile retaining 54%. A-Living generates revenue from providing property management services with a focus on mid-to-high-end properties, as well as value-added services to property owners and nonproperty owners. A-Living operates in over 27 cities and regions across China, with a geographical focus in Guangdong province. Prior to listing, A-Living acquired Greenland Property Services in 2017, which accounted for significant goodwill on the balance sheet. Post listing, the company also announced the major acquisition of CMIG PM.
Executives
Zheng Huiqiong 2202 Interest of your spouse
Chan Cheuk Hei 2305 Beneficiary of a trust
Top Coast Investment Limited 2201 Interest of corporation controlled by you
Chan Cheuk Hung 2305 Beneficiary of a trust
Chan Cheuk Nam 2305 Beneficiary of a trust
Chan Cheuk Yin 2305 Beneficiary of a trust
Chan Siu Na 2202 Interest of your spouse
Chen Zhuo Lin 2305 Beneficiary of a trust
Lu Liqing 2202 Interest of your spouse
Lu Yanping 2202 Interest of your spouse
Luk Sin Fong, Fion 2305 Beneficiary of a trust
Ya Ju Le Ji Tuan Kong Gu You Xian Gong Si 2201 Interest of corporation controlled by you
Wang Ji Guo Ji You Xian Gong Si 2201 Interest of corporation controlled by you
Dong Cui Ji Tuan Kong Gu You Xian Gong Si 2201 Interest of corporation controlled by you
Fu Feng Tou Zi You Xian Gong Si 2301 Trustee

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