000795.SZ
Price:
$9.63
Market Cap:
$10.57B
Innuovo Technology Co., Ltd., together with its subsidiaries, engages in the research and development, production, and sale of rare earth permanent magnet materials in China. The company was formerly known as Taiyuan Shuangta Ganyu Co., Ltd. Innuovo Technology Co., Ltd. was founded in 1997 and is based in Jinhua, China.
Industry
Industrial Materials
IPO Date
1997-08-08
Stock Exchange
SHZ
Ticker
000795.SZ
According to Innuovo Technology Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 2.16. This represents a change of -11.14% compared to the average of 2.44 of the last 4 quarters.
The mean historical Current Ratio of Innuovo Technology Co., Ltd. over the last ten years is 2.52. The current 2.16 Current Ratio has changed 8.50% with respect to the historical average. Over the past ten years (40 quarters), 000795.SZ's Current Ratio was at its highest in in the March 2019 quarter at 4.10. The Current Ratio was at its lowest in in the December 2015 quarter at 1.65.
Average
2.52
Median
2.24
Minimum
1.65
Maximum
3.87
Discovering the peaks and valleys of Innuovo Technology 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 = 109.72%
Maximum Annual Current Ratio = 3.87
Minimum Annual Increase = -28.55%
Minimum Annual Current Ratio = 1.65
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 2.34 | 9.93% |
| 2023 | 2.13 | 13.74% |
| 2022 | 1.87 | 2.73% |
| 2021 | 1.82 | -8.99% |
| 2020 | 2.00 | -20.42% |
| 2019 | 2.52 | -28.55% |
| 2018 | 3.52 | -8.97% |
| 2017 | 3.87 | 11.92% |
| 2016 | 3.46 | 109.72% |
| 2015 | 1.65 | 27.87% |
The current Current Ratio of Innuovo Technology Co., Ltd. (000795.SZ) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
2.11
5-year avg
2.03
10-year avg
2.52
Innuovo Technology Co., Ltd.’s Current Ratio is greater than China Nonferrous Metal Industry's Foreign Engineering and Construction Co.,Ltd. (1.25), greater than Tibet Summit Resources Co.,Ltd. (0.34), greater than Henan Yuguang Gold&Lead Co.,Ltd. (1.50), greater than Tangshan Sanyou Chemical Industries Co.,Ltd (1.12), greater than Shandong Dawn Polymer Co.,Ltd. (1.67), less than North Chemical Industries Co., Ltd. (2.18), greater than Sansteel MinGuang Co.,Ltd.,Fujian (0.58), greater than Xinjiang Joinworld Co.,Ltd. (1.78), greater than Yunnan Energy Investment Co., Ltd. (1.77), greater than Jiangxi Jiangnan New Material Technology Co., Ltd. (1.66),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.25 | $12.02B | |
| 0.34 | $12.31B | |
| 1.50 | $11.80B | |
| 1.12 | $12.37B | |
| 1.67 | $11.53B | |
| 2.18 | $9.00B | |
| 0.58 | $10.30B | |
| 1.78 | $10.85B | |
| 1.77 | $10.68B | |
| 1.66 | $11.25B |
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