China Shenshan Orchard Holdings Co (SGX:BKV) Current Ratio: 7.90 (As of Jun. 2023)

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SGX:BKV China Shenshan Orchard Holdings Co Ltd SGX:BKV
9 GF Score
Price S$0.06
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What is China Shenshan Orchard Holdings Co Current Ratio?

China Shenshan Orchard Holdings Co SGX:BKV -29.55% 9 Current Ratio is 7.90 as of Jun. 2023. GuruFocus rates SGX:BKV with a GF Score™ of 9/100.

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. China Shenshan Orchard Holdings Co's current ratio for the quarter that ended in Jun. 2023 was 7.90.

China Shenshan Orchard Holdings Co has a current ratio of 7.90. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.

The historical rank and industry rank for China Shenshan Orchard Holdings Co's Current Ratio or its related term are showing as below:

SGX:BKV's Current Ratio is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 1.73
* Ranked among companies with meaningful Current Ratio only.

China Shenshan Orchard Holdings Co  (SGX:BKV) 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 Shenshan Orchard Holdings Co Current Ratio Related Terms


China Shenshan Orchard Holdings Co Current Ratio Historical Data

* Premium members only.

The historical data trend for China Shenshan Orchard Holdings 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.

China Shenshan Orchard Holdings Co Current Ratio Chart

China Shenshan Orchard Holdings Co Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Dec22
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.23 3.35 3.09 2.79 5.65

China Shenshan Orchard Holdings Co Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Dec21 Jun22 Dec22 Jun23
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 Premium Member Only Premium Member Only Premium Member Only 2.88 3.99 3.91 5.65 7.90

SGX:BKV vs ADM, TSN, BG: Current Ratio Comparison

For the Farm Products subindustry, China Shenshan Orchard Holdings 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.


China Shenshan Orchard Holdings Co Current Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, China Shenshan Orchard Holdings Co's Current Ratio distribution charts can be found below:

* The bar in red indicates where China Shenshan Orchard Holdings Co's Current Ratio falls into.


SGX:BKV
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China Shenshan Orchard Holdings Co Ltd SGX:BKV
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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China Shenshan Orchard Holdings 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.

China Shenshan Orchard Holdings Co's Current Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Current Ratio (A: Dec. 2022 )=Total Current Assets (A: Dec. 2022 )/Total Current Liabilities (A: Dec. 2022 )
=32.848/5.814
=5.65

China Shenshan Orchard Holdings Co's Current Ratio for the quarter that ended in Jun. 2023 is calculated as

Current Ratio (Q: Jun. 2023 )=Total Current Assets (Q: Jun. 2023 )/Total Current Liabilities (Q: Jun. 2023 )
=22.875/2.894
=7.90

* 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.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 7.90 mean?
China Shenshan Orchard Holdings Co (SGX:BKV) has a Current Ratio of 7.90 as of Jun. 2023.
Is China Shenshan Orchard Holdings Co's Current Ratio too high?
China Shenshan Orchard Holdings Co's current Current Ratio is 7.90. The Consumer Packaged Goods industry median Current Ratio is 1.73. China Shenshan Orchard Holdings Co's value of 7.90 is 356.6% above this industry median. Overall, China Shenshan Orchard Holdings Co has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does China Shenshan Orchard Holdings Co's Current Ratio compare to ADM and TSN?
China Shenshan Orchard Holdings Co's Current Ratio of 7.90 can be compared against companies in the Consumer Packaged Goods industry. The industry median Current Ratio is 1.73. China Shenshan Orchard Holdings Co's value of 7.90 is 356.6% above this benchmark. 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 a Consumer Packaged Goods company?
The median Current Ratio among Consumer Packaged Goods companies is 1.73, based on 1,987 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 Shenshan Orchard Holdings Co's current Current Ratio of 7.90 is 356.6% above 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 Consumer Packaged Goods industry, the median Current Ratio is 1.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Shenshan Orchard Holdings Co's current Current Ratio is 7.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Shenshan Orchard Holdings Co stock overvalued right now?
China Shenshan Orchard Holdings Co (SGX:BKV) has a current Current Ratio of 7.90. The current Current Ratio is 7.90 and 356.6% above the Consumer Packaged Goods industry median of 1.73. China Shenshan Orchard Holdings Co's overall GF Score™ is 9/100. 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 Shenshan Orchard Holdings Co (SGX:BKV), the current Current Ratio is 7.90 as of Jun. 2023. 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 Shenshan Orchard Holdings Co Business Description

Address 12 Guanghua Road, Chi Ma Port Industrial Zone Chibi, Hubei Province, Zhengzhou, CHN, 450008
China Shenshan Orchard Holdings Co Ltd is a horticultural marketing company engaged in the business of planting, cultivating, and selling kiwifruits in the People's Republic of China. The firm currently distributes its products via distributors, wholesalers, corporates, and e-commerce platforms such as Tmall, Taobao, and JD.com.
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Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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