001239.SZ
Price:
$16.47
Market Cap:
$3.27B
Xiangtan Yongda Machinery Manufacturing Co., Ltd. principally engages in the design, development, production, and sale of metal structural parts for large special equipment. Its key products include tunnel boring equipment and supporting products, such as shield bodies, cutterhead bodies, segment machines, and tunnel wall support segments of shield machines; engineering lifting equipment products, such as frames, jibs, and tower crane structural parts; as well as wind power equipment products, such as wind turbine nacelle bases, frames, rotor brackets, stator brackets, and locking discs. The company was founded by Pei Liang Shen on July 4, 2005 and is headquartered in Xiangtan, China.
Industry
Manufacturing - Metal Fabrication
IPO Date
Stock Exchange
SHZ
Ticker
001239.SZ
According to Xiangtan Yongda Mach Mnfg Co’s latest financial reports and current stock price. The company's current Current Ratio is 2.56. This represents a change of 8.90% compared to the average of 2.35 of the last 4 quarters.
The mean historical Current Ratio of Xiangtan Yongda Mach Mnfg Co over the last ten years is 1.73. The current 2.56 Current Ratio has changed 14.74% with respect to the historical average. Over the past ten years (40 quarters), 001239.SZ's Current Ratio was at its highest in in the March 2024 quarter at 4.59. The Current Ratio was at its lowest in in the September 2022 quarter at 0.
Average
1.73
Median
1.83
Minimum
0
Maximum
3.44
Discovering the peaks and valleys of Xiangtan Yongda Mach Mnfg Co 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 = Infinity%
Maximum Annual Current Ratio = 3.44
Minimum Annual Increase = -36.00%
Minimum Annual Current Ratio = 0
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 2.20 | -36.00% |
| 2023 | 3.44 | 112.10% |
| 2022 | 1.62 | -20.86% |
| 2021 | 2.05 | 93.71% |
| 2020 | 1.06 | Infinity% |
The current Current Ratio of Xiangtan Yongda Mach Mnfg Co (001239.SZ) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
2.42
5-year avg
2.07
10-year avg
1.73
Xiangtan Yongda Mach Mnfg Co’s Current Ratio is less than Yantai Ishikawa Sealing Technology Co.,Ltd. (5.51), greater than TianJin JinRong TianYu Precision Machinery Inc. (1.48), greater than Qingdao Huijintong Power Equipment Co.,Ltd. (1.33), less than Chongqing Changjiang River Moulding Material (Group) Co., Ltd. (5.28), less than Xiangyang BOYA Precision Industrial Equipments Co., Ltd (2.69), greater than Shandong Daye Co., Ltd. (0.85), greater than JiangSu JiuWu Hi-Tech Co., Ltd. (2.21), greater than Zhejiang Weigang Technology Co., Ltd. (2.27), less than Winstech Precision Holding Co., Ltd. (2.68), less than Shanghai Yahong Moulding Co., Ltd. (4.04),
| Company | Current Ratio | Market cap |
|---|---|---|
| 5.51 | $3.29B | |
| 1.48 | $3.32B | |
| 1.33 | $3.45B | |
| 5.28 | $3.81B | |
| 2.69 | $2.83B | |
| 0.85 | $3.29B | |
| 2.21 | $3.52B | |
| 2.27 | $3.11B | |
| 2.68 | $3.71B | |
| 4.04 | $3.25B |
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