000982.SZ
Price:
$0.18
Market Cap:
$767.14M
Ningxia Zhongyin Cashmere Co., Ltd. produces, sells, and exports cashmere products. It also produces and sells new energy lithium battery positive and negative materials. In addition, it engages in investment and asset management business. The company was founded in 1998 and is based in Lingwu, China. Ningxia Zhongyin Cashmere Co., Ltd. is a subsidiary of Hengtian Jinshi Investment Management Co., Ltd.
Industry
Apparel - Manufacturers
IPO Date
2000-07-06
Stock Exchange
SHZ
Ticker
000982.SZ
According to Ningxia Zhongyin Cashmere Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 2.94. This represents a change of -5.90% compared to the average of 3.13 of the last 4 quarters.
The mean historical Current Ratio of Ningxia Zhongyin Cashmere Co., Ltd. over the last ten years is 3.65. The current 2.94 Current Ratio has changed 7.96% with respect to the historical average. Over the past ten years (40 quarters), 000982.SZ's Current Ratio was at its highest in in the March 2021 quarter at 15.83. The Current Ratio was at its lowest in in the September 2019 quarter at 0.26.
Average
3.65
Median
1.96
Minimum
0.35
Maximum
10.80
Discovering the peaks and valleys of Ningxia Zhongyin Cashmere 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 = 2.08%
Maximum Annual Current Ratio = 10.80
Minimum Annual Increase = -67.42%
Minimum Annual Current Ratio = 0.35
| Year | Current Ratio | Change |
|---|---|---|
| 2023 | 2.94 | 7.11% |
| 2022 | 2.75 | -67.42% |
| 2021 | 8.43 | -21.97% |
| 2020 | 10.80 | 39.90% |
| 2019 | 7.72 | 2.08% |
| 2018 | 0.35 | -45.26% |
| 2017 | 0.65 | -0.93% |
| 2016 | 0.65 | -36.94% |
| 2015 | 1.04 | -11.51% |
| 2014 | 1.17 | 19.36% |
The current Current Ratio of Ningxia Zhongyin Cashmere Co., Ltd. (000982.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
4.71
5-year avg
6.53
10-year avg
3.65
Ningxia Zhongyin Cashmere Co., Ltd.’s Current Ratio is greater than Jiangsu Sunshine Co., Ltd. (1.02), greater than Meisheng Cultural & Creative Corp., Ltd. (1.94), greater than Dinglong Culture Co., Ltd. (1.81), greater than Souyute Group Co.,Ltd (0.39), greater than Zhejiang Furun Digital Technology Co., Ltd. (0.76), greater than Guangdong Bobaolon Co.,Ltd. (0.14), greater than Guirenniao Co., Ltd. (1.37), greater than Henan Xinye Textile Co., Ltd. (0.42), greater than Hengli Industrial Development Group Co., Ltd. (1.20), greater than Fujian Ideal Jewellery Industrial Co., Ltd. (0.77),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.02 | $659.84M | |
| 1.94 | $372.92M | |
| 1.81 | $588.80M | |
| 0.39 | $1.28B | |
| 0.76 | $213.12M | |
| 0.14 | $215.20M | |
| 1.37 | $1.05B | |
| 0.42 | $114.35M | |
| 1.20 | $63.78M | |
| 0.77 | $172.54M |
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