000559.SZ
Price:
$11.41
Market Cap:
$37.71B
Wanxiang Qianchao Co.,Ltd. manufactures and sells auto parts in China and internationally. The company offers roller, needle, seal, wheel bearing units, shock absorber assembly, precision forging, bearing, fuel tank, exhaust muffler system, automotive electronics, universal joint assembly, brake system, constant speed drive shaft, and drive shaft products. The company was founded in 1969 and is based in Hangzhou, China. Wanxiang Qianchao Co.,Ltd. is a subsidiary of Wanxiang Group Corporation.
Industry
Auto - Parts
IPO Date
1994-01-10
Stock Exchange
SHZ
Ticker
000559.SZ
According to Wanxiang Qianchao Co.,Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.28. This represents a change of -2.03% compared to the average of 1.31 of the last 4 quarters.
The mean historical Current Ratio of Wanxiang Qianchao Co.,Ltd. over the last ten years is 1.44. The current 1.28 Current Ratio has changed 8.82% with respect to the historical average. Over the past ten years (40 quarters), 000559.SZ's Current Ratio was at its highest in in the March 2022 quarter at 2.23. The Current Ratio was at its lowest in in the June 2023 quarter at 1.13.
Average
1.44
Median
1.37
Minimum
1.17
Maximum
1.96
Discovering the peaks and valleys of Wanxiang Qianchao 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 = 29.49%
Maximum Annual Current Ratio = 1.96
Minimum Annual Increase = -33.19%
Minimum Annual Current Ratio = 1.17
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.33 | 14.12% |
| 2023 | 1.17 | -10.78% |
| 2022 | 1.31 | -33.19% |
| 2021 | 1.96 | 7.46% |
| 2020 | 1.82 | 29.49% |
| 2019 | 1.41 | 0.60% |
| 2018 | 1.40 | 5.87% |
| 2017 | 1.32 | 10.01% |
| 2016 | 1.20 | -16.78% |
| 2015 | 1.44 | 6.80% |
The current Current Ratio of Wanxiang Qianchao Co.,Ltd. (000559.SZ) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
1.27
5-year avg
1.52
10-year avg
1.44
Wanxiang Qianchao Co.,Ltd.’s Current Ratio is greater than Ningbo Joyson Electronic Corp. (1.08), less than ZCZL Industrial Technology Group Company Limited Class A (1.72), greater than Jiangsu Xinquan Automotive Trim Co.,Ltd. (1.26), less than Zhejiang Wanfeng Auto Wheel Co., Ltd. (1.79), greater than Zhejiang Shuanghuan Driveline Co., Ltd. (1.14), less than Changzhou Xingyu Automotive Lighting Systems Co.,Ltd. (2.00), greater than Zhejiang Yinlun Machinery Co.,Ltd. (1.17), less than KEBODA TECHNOLOGY Co., Ltd. (2.61), greater than Tianneng Battery Group Co., Ltd. (1.26), less than Zhejiang Cfmoto Power Co.,Ltd (1.41),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.08 | $40.82B | |
| 1.72 | $42.33B | |
| 1.26 | $31.78B | |
| 1.79 | $31.85B | |
| 1.14 | $34.45B | |
| 2.00 | $35.05B | |
| 1.17 | $28.14B | |
| 2.61 | $29.20B | |
| 1.26 | $31.90B | |
| 1.41 | $45.35B |
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