000599.SZ
Price:
$6.31
Market Cap:
$5.15B
Qingdao Doublestar Co., Ltd manufactures and sells tires in China and internationally. It offers truck all-steel and passenger semi-steel radial tire series. The company is also involved in the research, design, manufacturing, installation, and consultation of rubber and plastic, foundry, and environmental protection machinery and equipment, as well as digital tire molds. In addition, it engages in the real estate business. The company is based in Qingdao, China.
Industry
Auto - Parts
IPO Date
1996-04-30
Stock Exchange
SHZ
Ticker
000599.SZ
According to Qingdao Doublestar Co.,Ltd’s latest financial reports and current stock price. The company's current Current Ratio is 0.49. This represents a change of -5.83% compared to the average of 0.52 of the last 4 quarters.
The mean historical Current Ratio of Qingdao Doublestar Co.,Ltd over the last ten years is 0.89. The current 0.49 Current Ratio has changed 5.37% with respect to the historical average. Over the past ten years (40 quarters), 000599.SZ's Current Ratio was at its highest in in the September 2016 quarter at 1.30. The Current Ratio was at its lowest in in the September 2025 quarter at 0.49.
Average
0.89
Median
0.88
Minimum
0.55
Maximum
1.28
Discovering the peaks and valleys of Qingdao Doublestar 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 = 11.04%
Maximum Annual Current Ratio = 1.28
Minimum Annual Increase = -17.82%
Minimum Annual Current Ratio = 0.55
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.55 | -17.65% |
| 2023 | 0.67 | 7.85% |
| 2022 | 0.62 | -17.82% |
| 2021 | 0.76 | -6.44% |
| 2020 | 0.81 | -14.48% |
| 2019 | 0.95 | -13.29% |
| 2018 | 1.09 | 11.04% |
| 2017 | 0.98 | -15.56% |
| 2016 | 1.16 | -9.19% |
| 2015 | 1.28 | 9.77% |
The current Current Ratio of Qingdao Doublestar Co.,Ltd (000599.SZ) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
0.62
5-year avg
0.68
10-year avg
0.89
Qingdao Doublestar Co.,Ltd’s Current Ratio is less than Bohai Automotive Systems Co. Ltd. (1.45), less than Giti Tire Corporation (2.05), less than Aeolus Tyre Co., Ltd. (1.19), less than Jing-jin Electric Technologies Co.,Ltd. (1.00), less than Zhejiang Xiantong Rubber&Plastic Co.,Ltd (2.77), less than Wuxi Zhenhua Auto Parts Co., Ltd. (1.14), less than Songz Automobile Air Conditioning Co., Ltd. (1.73), less than Changhua Holding Group Co., Ltd. (2.37), less than Changzhou Tenglong AutoPartsCo.,Ltd. (1.36), less than WINBO-Dongjian Automotive Technology Co., Ltd. (1.83),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.45 | $4.70B | |
| 2.05 | $5.29B | |
| 1.19 | $4.87B | |
| 1.00 | $4.71B | |
| 2.77 | $5.64B | |
| 1.14 | $5.16B | |
| 1.73 | $5.34B | |
| 2.37 | $5.03B | |
| 1.36 | $4.78B | |
| 1.83 | $5.17B |
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