000778.SZ
Price:
$3.43
Market Cap:
$13.26B
Xinxing Ductile Iron Pipes Co., Ltd. engages in the research, manufacture, and trade of ductile iron pipes and tube castings, and steel products in China. It offers ductile iron pipes for water supply, sewage, gas, and heat applications, as well as special interfaces and coatings; ferrous metallurgy products, such as rolled ribbed steel bars for reinforced concrete; steel grating; composite tubes; and special and stainless steel pipes. It sells its products through a sales network in Asia, Europe, Africa, and America, as well as exports internationally. Xinxing Ductile Iron Pipes Co., Ltd. as founded in 1971 and is based in Wu'an, China.
Industry
Steel
IPO Date
1997-06-06
Stock Exchange
SHZ
Ticker
000778.SZ
According to Xinxing Ductile Iron Pipes Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.73. This represents a change of 15.27% compared to the average of 1.50 of the last 4 quarters.
The mean historical Current Ratio of Xinxing Ductile Iron Pipes Co., Ltd. over the last ten years is 1.15. The current 1.73 Current Ratio has changed 14.97% with respect to the historical average. Over the past ten years (40 quarters), 000778.SZ's Current Ratio was at its highest in in the March 2025 quarter at 1.73. The Current Ratio was at its lowest in in the June 2016 quarter at 0.88.
Average
1.15
Median
1.13
Minimum
0.92
Maximum
1.42
Discovering the peaks and valleys of Xinxing Ductile Iron Pipes 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 = 23.55%
Maximum Annual Current Ratio = 1.42
Minimum Annual Increase = -12.25%
Minimum Annual Current Ratio = 0.92
Year | Current Ratio | Change |
---|---|---|
2024 | 1.38 | 10.44% |
2023 | 1.25 | -12.25% |
2022 | 1.42 | 23.55% |
2021 | 1.15 | 2.55% |
2020 | 1.12 | -1.20% |
2019 | 1.14 | 7.33% |
2018 | 1.06 | 2.84% |
2017 | 1.03 | 11.47% |
2016 | 0.92 | -9.28% |
2015 | 1.02 | 8.28% |
The current Current Ratio of Xinxing Ductile Iron Pipes Co., Ltd. (000778.SZ) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.35
5-year avg
1.26
10-year avg
1.15
Xinxing Ductile Iron Pipes Co., Ltd.’s Current Ratio is greater than Hbis Company Limited (0.47), greater than Tongling Nonferrous Metals Group Co.,Ltd. (1.73), greater than SGIS Songshan Co., Ltd. (0.36), greater than Shanxi Taigang Stainless Steel Co., Ltd. (0.71), greater than Angang Steel Company Limited (0.61),
Company | Current Ratio | Market cap |
---|---|---|
0.47 | $21.71B | |
1.73 | $41.33B | |
0.36 | $5.74B | |
0.71 | $19.99B | |
0.61 | $19.91B |
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