002026.SZ
Price:
$15.66
Market Cap:
$6.90B
Shandong Weida Machinery Co., Ltd. manufactures and sells drill chucks in China and internationally. The company offers various types of drill chucks, including keyless chuck, keyless chuck with lock, key-type drill chuck, keyless automatic duty drill, and accessories; and saw blades. It also provides precision castings, such as power tools accessories, machining products, auto parts, hardware and tools, instrumentation valves, and die-casting and other casting products. In addition, the company offers powder metallurgy parts comprising structure parts, connecting rods for refrigerators, oiliness bearings, slide blocks for grease guns, chain wheels and cluths for engines, pulleys for engines...[Read more]
Industry
Industrial - Machinery
IPO Date
2004-07-27
Stock Exchange
SHZ
Ticker
002026.SZ
According to Shandong Weida Machinery Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 3.68. This represents a change of 16.06% compared to the average of 3.17 of the last 4 quarters.
The mean historical Current Ratio of Shandong Weida Machinery Co., Ltd. over the last ten years is 3.12. The current 3.68 Current Ratio has changed 11.69% with respect to the historical average. Over the past ten years (40 quarters), 002026.SZ's Current Ratio was at its highest in in the March 2016 quarter at 4.25. The Current Ratio was at its lowest in in the December 2023 quarter at 2.05.
Average
3.12
Median
3.32
Minimum
2.05
Maximum
3.97
Discovering the peaks and valleys of Shandong Weida Machinery 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 = 24.38%
Maximum Annual Current Ratio = 3.97
Minimum Annual Increase = -36.45%
Minimum Annual Current Ratio = 2.05
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 2.55 | 24.38% |
| 2023 | 2.05 | -8.53% |
| 2022 | 2.24 | -8.94% |
| 2021 | 2.46 | -36.45% |
| 2020 | 3.87 | -2.50% |
| 2019 | 3.97 | 9.83% |
| 2018 | 3.61 | 11.02% |
| 2017 | 3.25 | -3.82% |
| 2016 | 3.38 | -11.59% |
| 2015 | 3.83 | 18.83% |
The current Current Ratio of Shandong Weida Machinery Co., Ltd. (002026.SZ) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
2.28
5-year avg
2.63
10-year avg
3.12
Shandong Weida Machinery Co., Ltd.’s Current Ratio is greater than Wuxi Chemical Equipment Co., Ltd. (2.97), less than Guangzhou KDT Machinery Co.,Ltd. (3.75), greater than Zhejiang Dayuan Pumps Industry Co., Ltd (2.19), greater than Shanghai Bloom Technology, Inc. (1.32), less than Guangdong Lingxiao Pump Industry Co.,Ltd. (13.42), greater than HuiZhou Intelligence Technology Group Co., Ltd (1.49), greater than Neway CNC Equipment (Suzhou) Co., Ltd. (1.36), less than Sinoseal Holding Co., Ltd. (3.96), greater than Shandong Mining Machinery Group Co., Ltd (1.76), greater than Jiangsu Shentong Valve Co., Ltd. (1.57),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.97 | $5.73B | |
| 3.75 | $7.01B | |
| 2.19 | $6.25B | |
| 1.32 | $6.23B | |
| 13.42 | $6.37B | |
| 1.49 | $6.38B | |
| 1.36 | $7.08B | |
| 3.96 | $7.45B | |
| 1.76 | $6.70B | |
| 1.57 | $7.46B |
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