Postal Savings Bank of China Co., Ltd.

Postal Savings Bank of China Co., Ltd.verified

PSBKF

Price:

$0.6

Market Cap:

$62.21B

Postal Savings Bank of China Co., Ltd., together with its subsidiaries, provides various banking products and services for retail and corporate customers in the People's Republic of China. Its Personal Banking segment offers savings products, such as demand, time, personal call, time/demand optional, and foreign currency deposits; passbooks; certificate of deposits; micro, personal pledged, and personal business loans; debit and credit cards; wealth management products and funds; and insurance agency services. This segment is also involved in distribution of fund products, electronic bonds, and precious metals; and provides payment and collection agency, various settlement, domestic remittan...[Read more]

Industry

Banks - Regional

IPO Date

2021-01-27

Stock Exchange

PNK

Ticker

PSBKF

The Current Ratio as of November 2024 (TTM) for Postal Savings Bank of China Co., Ltd. (PSBKF) is 12.49

According to Postal Savings Bank of China Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 12.49. This represents a change of 80.54% compared to the average of 6.92 of the last 4 quarters.

Postal Savings Bank of China Co., Ltd. (PSBKF) Historical Current Ratio (quarterly & annually)

How has PSBKF Current Ratio performed in the past?

The mean historical Current Ratio of Postal Savings Bank of China Co., Ltd. over the last ten years is 0.55. The current 12.49 Current Ratio has changed 226.63% with respect to the historical average. Over the past ten years (40 quarters), PSBKF's Current Ratio was at its highest in in the September 2021 quarter at 25.53. The Current Ratio was at its lowest in in the December 2021 quarter at 0.44.

Quarterly (TTM)
Annual

Average

0.55

Median

0.56

Minimum

0.44

Maximum

0.64

Postal Savings Bank of China Co., Ltd. (PSBKF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Postal Savings Bank of China Co., Ltd. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 42.17%

Maximum Annual Current Ratio = 0.64

Minimum Annual Increase = -20.88%

Minimum Annual Current Ratio = 0.44

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.6342.17%
20220.440.38%
20210.44-20.88%
20200.566.99%
20190.52-16.73%
20180.62-2.25%
20170.6414.65%
20160.56-0.36%

Postal Savings Bank of China Co., Ltd. (PSBKF) Average Current Ratio

How has PSBKF Current Ratio performed in the past?

The current Current Ratio of Postal Savings Bank of China Co., Ltd. (PSBKF) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

0.50

5-year avg

0.52

10-year avg

0.55

Postal Savings Bank of China Co., Ltd. (PSBKF) Current Ratio vs. Peers

How is PSBKF’s Current Ratio compared to its peers?

Postal Savings Bank of China Co., Ltd.’s Current Ratio is greater than China CITIC Bank Corporation Limited (-9.36), greater than China Merchants Bank Co., Ltd. (0), greater than China Merchants Bank Co., Ltd. (0), greater than Community West Bancshares (0.33), greater than China Everbright Bank Company Limited (0), greater than China CITIC Bank Corporation Limited (0), greater than Bangkok Bank Public Company Limited (0),

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Frequently asked questions❓

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