Hengdian Group DMEGC Magnetics Co. ,Ltd

Hengdian Group DMEGC Magnetics Co. ,Ltdverified

002056.SZ

Price:

$15.74

Market Cap:

$24.92B

Hengdian Group DMEGC Magnetics Co., Ltd manufactures and sells hard ferrite magnets and ferrite cores in China, the European Union, the United States, Japan, South America, Southeast Asia, and internationally. It offers ferrite magnet products, including ring, segment, microwave oven, square, and isotropic magnets; ferrite cores comprising Mn-Zn ferrite power, Ni-Zn ferrite, Mn-Zn high permeability ferrite, iron powder, and magnetic powder cores; and NdFeB magnets, such as bonded square, segment, and ring magnets. The company also provides motor housing and assembly products consisting of seamless steel tube cutting, rolling steel, and deep drawn motor housings; sintered powder for hard ferr...[Read more]

Industry

Consumer Electronics

IPO Date

2006-08-02

Stock Exchange

SHZ

Ticker

002056.SZ

The Current Ratio as of July 2025 (TTM) for Hengdian Group DMEGC Magnetics Co. ,Ltd (002056.SZ) is 1.32

According to Hengdian Group DMEGC Magnetics Co. ,Ltd’s latest financial reports and current stock price. The company's current Current Ratio is 1.32. This represents a change of 4.00% compared to the average of 1.27 of the last 4 quarters.

Hengdian Group DMEGC Magnetics Co. ,Ltd (002056.SZ) Historical Current Ratio (quarterly & annually)

How has 002056.SZ Current Ratio performed in the past?

The mean historical Current Ratio of Hengdian Group DMEGC Magnetics Co. ,Ltd over the last ten years is 1.83. The current 1.32 Current Ratio has changed 7.10% with respect to the historical average. Over the past ten years (40 quarters), 002056.SZ's Current Ratio was at its highest in in the March 2016 quarter at 3.39. The Current Ratio was at its lowest in in the September 2023 quarter at 1.22.

Quarterly (TTM)
Annual

Average

1.83

Median

1.80

Minimum

1.23

Maximum

3.23

Hengdian Group DMEGC Magnetics Co. ,Ltd (002056.SZ) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Hengdian Group DMEGC Magnetics 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 = 9.32%

Maximum Annual Current Ratio = 3.23

Minimum Annual Increase = -38.93%

Minimum Annual Current Ratio = 1.23

Quarterly (TTM)
Annual
YearCurrent RatioChange
20241.26-1.25%
20231.272.97%
20221.23-11.82%
20211.40-20.77%
20201.77-3.72%
20191.84-16.06%
20182.191.38%
20172.169.32%
20161.97-38.93%
20153.235.01%

Hengdian Group DMEGC Magnetics Co. ,Ltd (002056.SZ) Average Current Ratio

How has 002056.SZ Current Ratio performed in the past?

The current Current Ratio of Hengdian Group DMEGC Magnetics Co. ,Ltd (002056.SZ) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.25

5-year avg

1.39

10-year avg

1.83

Hengdian Group DMEGC Magnetics Co. ,Ltd (002056.SZ) Current Ratio vs. Peers

How is 002056.SZ’s Current Ratio compared to its peers?

Hengdian Group DMEGC Magnetics Co. ,Ltd’s Current Ratio is less than Zhejiang NHU Company Ltd. (2.61), less than Sieyuan Electric Co., Ltd. (1.83), less than Beijing Zhong Ke San Huan High-Tech Co., Ltd. (3.11), less than Zhejiang Sanhua Intelligent Controls Co.,Ltd (1.65), less than Hualan Biological Engineering Inc. (4.45),

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