Zangge Mining Company Limited

Zangge Mining Company Limitedverified

000408.SZ

Price:

$40.69

Market Cap:

$62.47B

Zangge Mining Company Limited produces and sells potassium chloride under the Blue Sky brand in China. It also produces industrial salt, magnesium chloride, and battery-grade lithium carbonate. The company was formerly known as Zangge Holding Company Limited and changed its name to Zangge Mining Company Limited in December 2021. Zangge Mining Company Limited was founded in 1996 and is based in Golmud, China.

Industry

Agricultural Inputs

IPO Date

1996-06-28

Stock Exchange

SHZ

Ticker

000408.SZ

The Current Ratio as of June 2025 (TTM) for Zangge Mining Company Limited (000408.SZ) is 2.61

According to Zangge Mining Company Limited’s latest financial reports and current stock price. The company's current Current Ratio is 2.61. This represents a change of -6.09% compared to the average of 2.78 of the last 4 quarters.

Zangge Mining Company Limited (000408.SZ) Historical Current Ratio (quarterly & annually)

How has 000408.SZ Current Ratio performed in the past?

The mean historical Current Ratio of Zangge Mining Company Limited over the last ten years is 2.60. The current 2.61 Current Ratio has changed 9.95% with respect to the historical average. Over the past ten years (40 quarters), 000408.SZ's Current Ratio was at its highest in in the June 2016 quarter at 19.82. The Current Ratio was at its lowest in in the December 2015 quarter at 1.07.

Quarterly (TTM)
Annual

Average

2.60

Median

2.77

Minimum

1.07

Maximum

3.57

Zangge Mining Company Limited (000408.SZ) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Zangge Mining Company Limited 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 = 181.32%

Maximum Annual Current Ratio = 3.57

Minimum Annual Increase = -28.94%

Minimum Annual Current Ratio = 1.07

Quarterly (TTM)
Annual
YearCurrent RatioChange
20242.54-24.51%
20233.36-5.78%
20223.5750.24%
20212.37-24.01%
20203.1297.20%
20191.58-28.94%
20182.23-28.84%
20173.134.47%
20163.00181.32%
20151.07-21.22%

Zangge Mining Company Limited (000408.SZ) Average Current Ratio

How has 000408.SZ Current Ratio performed in the past?

The current Current Ratio of Zangge Mining Company Limited (000408.SZ) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

3.15

5-year avg

2.99

10-year avg

2.60

Zangge Mining Company Limited (000408.SZ) Current Ratio vs. Peers

How is 000408.SZ’s Current Ratio compared to its peers?

Zangge Mining Company Limited’s Current Ratio is greater than XCMG Construction Machinery Co., Ltd. (1.36), less than Qinghai Salt Lake Industry Co.,Ltd (8.21), less than Financial Street Holdings Co., Ltd. (3.32), greater than Shenzhen Overseas Chinese Town Co.,Ltd. (1.38), less than Dong-E-E-Jiao Co.,Ltd. (4.38),

Build a custom stock screener for Zangge Mining Company Limited (000408.SZ) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Zangge Mining Company Limited using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Zangge Mining Company Limited (000408.SZ) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Zangge Mining Company Limited or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is Zangge Mining Company Limited's Current Ratio?

How is the Current Ratio calculated for Zangge Mining Company Limited (000408.SZ)?

What is the highest Current Ratio for Zangge Mining Company Limited (000408.SZ)?

What is the 3-year average Current Ratio for Zangge Mining Company Limited (000408.SZ)?

What is the 5-year average Current Ratio for Zangge Mining Company Limited (000408.SZ)?

How does the current Current Ratio for Zangge Mining Company Limited (000408.SZ) compare to its historical average?