001379.SZ
Price:
$25.62
Market Cap:
$5.12B
Shandong Tengda Fasten Tech. Co., Ltd. engages in the research, development, production, and sale of stainless steel fastener products. It offers bolts, nuts, screws, and washers. The company was founded on December 23, 2015 and is headquartered in Zaozhuang, China.
Industry
Manufacturing - Tools & Accessories
IPO Date
2024-01-19
Stock Exchange
SHZ
Ticker
001379.SZ
According to Shandong Tengda Fa’s latest financial reports and current stock price. The company's current Current Ratio is 2.04. This represents a change of -15.82% compared to the average of 2.42 of the last 4 quarters.
The mean historical Current Ratio of Shandong Tengda Fa over the last ten years is 1.66. The current 2.04 Current Ratio has changed 12.15% with respect to the historical average. Over the past ten years (40 quarters), 001379.SZ's Current Ratio was at its highest in in the March 2024 quarter at 3.72. The Current Ratio was at its lowest in in the March 2023 quarter at 0.
Average
1.66
Median
1.54
Minimum
1.11
Maximum
2.77
Discovering the peaks and valleys of Shandong Tengda Fa 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 = 76.94%
Maximum Annual Current Ratio = 2.77
Minimum Annual Increase = -23.76%
Minimum Annual Current Ratio = 1.11
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 2.77 | 76.94% |
| 2023 | 1.57 | 19.72% |
| 2022 | 1.31 | -23.76% |
| 2021 | 1.72 | 12.93% |
| 2020 | 1.52 | 37.20% |
The current Current Ratio of Shandong Tengda Fa (001379.SZ) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.88
5-year avg
1.78
10-year avg
1.66
Shandong Tengda Fa’s Current Ratio is less than Zhejiang Huaye Plastics Machinery Co., Ltd. (3.24), less than Gem-Year Industrial Co.,Ltd. (4.26), less than Ningbo Ligong Environment And Energy Technology Co.,Ltd (3.71), greater than OKE Precision Cutting Tools Co., Ltd. (1.84), greater than Bichamp Cutting Technology (Hunan) Co., Ltd. (1.77), less than Shenzhen Jasic Technology Co.,Ltd. (3.15), greater than Fujian Nanping Sun Cable Co., Ltd. (1.15), greater than Henan Tong-Da Cable Co., Ltd. (1.84), less than Guangdong Ganhua Science and Industry Co., Ltd. (3.40), greater than Jiangsu Yueda Investment Co., Ltd. (1.07),
| Company | Current Ratio | Market cap |
|---|---|---|
| 3.24 | $3.99B | |
| 4.26 | $4.82B | |
| 3.71 | $4.34B | |
| 1.84 | $4.57B | |
| 1.77 | $4.51B | |
| 3.15 | $4.19B | |
| 1.15 | $7.48B | |
| 1.84 | $4.95B | |
| 3.40 | $4.40B | |
| 1.07 | $4.75B |
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