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What is China Primary Energy Holdings Current Ratio?
China Primary Energy HoldingsHKSE:08117 Current Ratio is 0.37 as of Jun. 2026, which is 54% below its 10-year median of 0.81. The stock has 4 warning signs investors should review. Among 1,023 Oil & Gas companies, China Primary Energy Holdings ranks worse than 92.18% on this metric.
China Primary Energy Holdings has a current ratio of 0.37. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If China Primary Energy Holdings has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.
The historical rank and industry rank for China Primary Energy Holdings's Current Ratio or its related term are showing as below:
HKSE:08117'
s Current Ratio Range Over the Past 10 Years
Min: 0.37 Med: 0.81 Max: 1.81
Current: 0.37
During the past 13 years, China Primary Energy Holdings's highest Current Ratio was 1.81. The lowest was 0.37. And the median was 0.81.
HKSE:08117's Current Ratio is ranked worse than 92.18% of 1023
companies
in the Oil & Gas industry
Industry Median: 1.38
vs HKSE:08117: 0.37
China Primary Energy Holdings (HKSE:08117) 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.
China Primary Energy Holdings Current Ratio Related Terms
China Primary Energy Holdings Current Ratio Historical Data
* 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.
HKSE:08117 vs WMB, EPD, ET: Current Ratio Comparison
For the Oil & Gas Midstream subindustry, China Primary Energy Holdings'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.
China Primary Energy Holdings Current Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, China Primary Energy Holdings's Current Ratio distribution charts can be found below:
* The bar in red indicates where China Primary Energy Holdings's Current Ratio falls into.
* 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.
China Primary Energy Holdings (HKSE:08117) has a Current Ratio of 0.37 as of Jun. 2026. This is 54% below median its historical median of 0.81. Over the past decade, China Primary Energy Holdings' Current Ratio has ranged from 0.37 to 1.81. According to the industry distribution chart, China Primary Energy Holdings ranks #943 out of 1023 companies in the Oil & Gas industry, placing it in the top 92.2%.
Is China Primary Energy Holdings' Current Ratio too high?
China Primary Energy Holdings' current Current Ratio of 0.37 is 54% below median its 10-year median of 0.81. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 1.81. The Oil & Gas industry median Current Ratio is 1.38. China Primary Energy Holdings' value of 0.37 is 73.2% below this industry median. Based on the distribution chart, China Primary Energy Holdings ranks #943 out of 1023 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers.
How does China Primary Energy Holdings' Current Ratio compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, China Primary Energy Holdings ranks #943 out of 1023 companies for Current Ratio. This places China Primary Energy Holdings in the lower half of its industry. The industry median Current Ratio is 1.38. China Primary Energy Holdings' value of 0.37 is 73.2% below this benchmark. Historically, China Primary Energy Holdings' own Current Ratio has ranged from 0.37 to 1.81 over the past decade. While the company's 10-year median is 0.81 vs. the industry median of 1.38, China Primary Energy Holdings has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for an Oil & Gas company?
The median Current Ratio among Oil & Gas companies is 1.38, based on 1,023 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. China Primary Energy Holdings's current Current Ratio of 0.37 is 73.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Oil & Gas industry, the median Current Ratio is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Primary Energy Holdings's current Current Ratio is 0.37, which is 54% below median its own 10-year median of 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Primary Energy Holdings stock overvalued right now?
Based on GuruFocus' analysis, China Primary Energy Holdings (HKSE:08117) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.06, compared to a current price of HK$0.04 — trading 35% below its estimated fair value. The current Current Ratio is 0.37, which is 54% below median its 10-year median of 0.81 and 73.2% below the Oil & Gas industry median of 1.38. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For China Primary Energy Holdings (HKSE:08117), the current Current Ratio is 0.37 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
China Primary Energy Holdings Ltd is an investment holding company. The Company and its subsidiaries are principally engaged in (i) the sale and distribution of natural gas; (ii) natural gas transmission services; (iii) the sale of heat and biomass gasification-related products; and (iv) property investment in the PRC. The majority of its revenue is generated from the sale and distribution of natural gas.
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