000988.SZ
Price:
$75
Market Cap:
$75.41B
Huagong Tech Company Limited manufactures and sells laser equipment, optical communication devices, laser holographic anti-counterfeiting products, and sensors and information tracing in North America, the European Union, East Asia, South Asia, and Central and West Asia. The company offers laser smart equipment, such as laser marking, laser cutting, laser surface treatment, laser welding, and plasma cutting equipment, as well as specialized equipment; and hologram products, including hologram stickers, hot stamping foils, security hologram, packing hologram, metalized paper, and barcode products. It also provides optical communication transreceivers; automotive electronic products; PTC motor...[Read more]
Industry
Electrical Equipment & Parts
IPO Date
2000-06-08
Stock Exchange
SHZ
Ticker
000988.SZ
According to Huagong Tech Company Limited’s latest financial reports and current stock price. The company's current Current Ratio is 1.74. This represents a change of -1.43% compared to the average of 1.76 of the last 4 quarters.
The mean historical Current Ratio of Huagong Tech Company Limited over the last ten years is 2.03. The current 1.74 Current Ratio has changed 8.44% with respect to the historical average. Over the past ten years (40 quarters), 000988.SZ's Current Ratio was at its highest in in the September 2021 quarter at 2.78. The Current Ratio was at its lowest in in the June 2017 quarter at 1.56.
Average
2.03
Median
2.06
Minimum
1.71
Maximum
2.40
Discovering the peaks and valleys of Huagong Tech Company Limited 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 = 40.50%
Maximum Annual Current Ratio = 2.40
Minimum Annual Increase = -23.19%
Minimum Annual Current Ratio = 1.71
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.85 | -23.19% |
| 2023 | 2.40 | 40.50% |
| 2022 | 1.71 | -15.26% |
| 2021 | 2.02 | -3.57% |
| 2020 | 2.09 | -8.74% |
| 2019 | 2.29 | 0.11% |
| 2018 | 2.29 | 8.27% |
| 2017 | 2.12 | 17.98% |
| 2016 | 1.79 | 1.57% |
| 2015 | 1.77 | 6.93% |
The current Current Ratio of Huagong Tech Company Limited (000988.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
1.99
5-year avg
2.01
10-year avg
2.03
Huagong Tech Company Limited’s Current Ratio is greater than Gotion High-tech Co.,Ltd. (0.86), less than Goneo Group Co., Ltd. (3.33), greater than Wolong Electric Group Co.,Ltd. (1.25), greater than Sunwoda Electronic Co.,Ltd (1.07), less than Shanghai International Airport Co., Ltd. (2.26), less than Air China Cargo Co Ltd (3.17), greater than Zhejiang Chint Electrics Co., Ltd. (1.53), greater than AVIC Xi'an Aircraft Industry Group Company Ltd. (1.06), less than Jiangsu Zhongtian Technology Co., Ltd. (2.05), greater than Sichuan Road & Bridge Co.,Ltd (1.30),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.86 | $68.92B | |
| 3.33 | $76.50B | |
| 1.25 | $62.00B | |
| 1.07 | $52.65B | |
| 2.26 | $83.53B | |
| 3.17 | $76.67B | |
| 1.53 | $60.97B | |
| 1.06 | $68.77B | |
| 2.05 | $62.35B | |
| 1.30 | $85.90B |
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