001288.SZ
Price:
$32.39
Market Cap:
$7.61B
Sichuan Zigong Conveying Machine Group Co., Ltd. designs and manufactures conveying machinery for material handling solutions in China. Its products include belt, pipe, bucket, screw, chain, and curved belt conveyors; drive and holdback units; and bucket elevators, gearboxes, backstops, etc. The company's products are used in various fields covering electric power, steel and iron, coal, transportation, hydropower, chemicals, metallurgy, petroleum, building material, etc. It exports its products to India, Nigeria, Senegal, Pakistan, Indonesia, Laos, Vietnam, Malaysia, the United States, Mali, Myanmar, and internationally. The company was founded in 2003 and is based in Zigong, China.
Industry
Industrial - Machinery
IPO Date
2021-11-01
Stock Exchange
SHZ
Ticker
001288.SZ
According to Sichuan Zigong Conveying Machine Group Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.95. This represents a change of -7.47% compared to the average of 2.11 of the last 4 quarters.
The mean historical Current Ratio of Sichuan Zigong Conveying Machine Group Co., Ltd. over the last ten years is 2.50. The current 1.95 Current Ratio has changed 7.70% with respect to the historical average. Over the past ten years (40 quarters), 001288.SZ's Current Ratio was at its highest in in the September 2023 quarter at 4.27. The Current Ratio was at its lowest in in the September 2020 quarter at 0.
Average
2.50
Median
2.19
Minimum
1.83
Maximum
3.50
Discovering the peaks and valleys of Sichuan Zigong Conveying Machine Group 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 = 58.82%
Maximum Annual Current Ratio = 3.50
Minimum Annual Increase = -36.39%
Minimum Annual Current Ratio = 1.83
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 2.23 | -36.39% |
| 2023 | 3.50 | 23.46% |
| 2022 | 2.84 | -16.92% |
| 2021 | 3.41 | 58.82% |
| 2020 | 2.15 | 5.40% |
| 2019 | 2.04 | 11.18% |
| 2018 | 1.83 | -9.28% |
The current Current Ratio of Sichuan Zigong Conveying Machine Group Co., Ltd. (001288.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
2.85
5-year avg
2.83
10-year avg
2.50
Sichuan Zigong Conveying Machine Group Co., Ltd.’s Current Ratio is greater than Shandong Mining Machinery Group Co., Ltd (1.76), less than Zhejiang Dayuan Pumps Industry Co., Ltd (2.19), less than NCS Testing Technology Co., Ltd. (2.12), less than Guangzhou KDT Machinery Co.,Ltd. (3.75), less than Longhua Technology Group Co.,Ltd. (1.95), less than Shandong Weida Machinery Co., Ltd. (3.68), greater than Hangzhou Advance Gearbox Group Co., Ltd. (1.18), less than Wuxi Chemical Equipment Co., Ltd. (2.97), greater than HuiZhou Intelligence Technology Group Co., Ltd (1.49), greater than JDM JingDaMachine(Ningbo)Co.Ltd (1.72),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.76 | $6.20B | |
| 2.19 | $7.81B | |
| 2.12 | $6.20B | |
| 3.75 | $6.69B | |
| 1.95 | $7.14B | |
| 3.68 | $6.17B | |
| 1.18 | $6.53B | |
| 2.97 | $5.71B | |
| 1.49 | $5.66B | |
| 1.72 | $5.09B |
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