000534.SZ
Price:
$22.36
Market Cap:
$11.04B
Wedge Industrial Co.,Ltd. invests in, develops, operates, and interior decoration of real estate properties in China. It also engages in research, development, production, and sales of microecological preparations, superalloys, and its products. The company was formerly known as Guangdong Wanze Industrial Co., Ltd. and changed its name to Wedge Industrial Co., Ltd. in May 2013. The company was founded in 1992 and is based in Shantou, China.
Industry
Regulated Electric
IPO Date
1994-01-10
Stock Exchange
SHZ
Ticker
000534.SZ
According to Wedge Industrial Co.,Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.34. This represents a change of 2.19% compared to the average of 1.31 of the last 4 quarters.
The mean historical Current Ratio of Wedge Industrial Co.,Ltd. over the last ten years is 1.56. The current 1.34 Current Ratio has changed 8.45% with respect to the historical average. Over the past ten years (40 quarters), 000534.SZ's Current Ratio was at its highest in in the September 2016 quarter at 2.61. The Current Ratio was at its lowest in in the September 2023 quarter at 1.01.
Average
1.56
Median
1.24
Minimum
1.10
Maximum
2.28
Discovering the peaks and valleys of Wedge Industrial 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 = 13.96%
Maximum Annual Current Ratio = 2.28
Minimum Annual Increase = -32.36%
Minimum Annual Current Ratio = 1.10
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.25 | 13.96% |
| 2023 | 1.10 | -5.23% |
| 2022 | 1.16 | 0.97% |
| 2021 | 1.14 | -5.92% |
| 2020 | 1.22 | -0.50% |
| 2019 | 1.22 | -32.36% |
| 2018 | 1.81 | -18.14% |
| 2017 | 2.21 | -3.06% |
| 2016 | 2.28 | 0.88% |
| 2015 | 2.26 | 4.94% |
The current Current Ratio of Wedge Industrial Co.,Ltd. (000534.SZ) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
1.17
5-year avg
1.17
10-year avg
1.56
Wedge Industrial Co.,Ltd.’s Current Ratio is greater than Henan Yuneng Holdings Co.,Ltd. (0.51), greater than Guangdong Shunkong Development Co.,Ltd. (1.20), greater than GuiZhou QianYuan Power Co., Ltd. (0.25), greater than Chongqing Gas Group Corporation Ltd. (0.68), less than Hangzhou Cogeneration Group Co., Ltd. (1.70), greater than Guangzhou Hengyun Enterprises Holding Ltd (0.89), less than Top Energy Company Ltd.Shanxi (1.86), greater than Jiangxi Ganneng Co., Ltd. (0.57), greater than Sichuan Guangan Aaapublic Co.,Ltd (0.87), greater than Chengdu Gas Group Corporation Ltd. (1.28),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.51 | $8.35B | |
| 1.20 | $8.56B | |
| 0.25 | $7.92B | |
| 0.68 | $8.63B | |
| 1.70 | $8.04B | |
| 0.89 | $6.73B | |
| 1.86 | $6.63B | |
| 0.57 | $9.73B | |
| 0.87 | $5.54B | |
| 1.28 | $8.75B |
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