002122.SZ
Price:
$4
Market Cap:
$8.01B
Tianma Bearing Group Co.,Ltd manufactures and sells bearings in China. The company offers deep groove and angular contact ball bearings; cylindrical, double-row self-aligning, thrust self-aligning, and tapered roller bearings; rolling mill and petroleum machinery bearings; and railway, aircraft, wind power slewing, and nonstandard bearings. Its products are used in the aerospace, military, railway, commercial vehicle, industry, marine, machine tool, metallurgical mill, motor, agriculture, etc. The company's products are also exported in Europe, the United States, and internationally. The company was founded in 1987 and is headquartered in Huzhou, China.
Industry
Industrial - Machinery
IPO Date
2007-03-28
Stock Exchange
SHZ
Ticker
002122.SZ
According to Tianma Bearing Group Co.,Ltd’s latest financial reports and current stock price. The company's current Current Ratio is 1.56. This represents a change of 7.52% compared to the average of 1.45 of the last 4 quarters.
The mean historical Current Ratio of Tianma Bearing Group Co.,Ltd over the last ten years is 1.90. The current 1.56 Current Ratio has changed 8.06% with respect to the historical average. Over the past ten years (40 quarters), 002122.SZ's Current Ratio was at its highest in in the March 2019 quarter at 3.36. The Current Ratio was at its lowest in in the September 2022 quarter at 0.48.
Average
1.90
Median
1.68
Minimum
0.49
Maximum
3.30
Discovering the peaks and valleys of Tianma Bearing 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 = 208.61%
Maximum Annual Current Ratio = 3.30
Minimum Annual Increase = -69.13%
Minimum Annual Current Ratio = 0.49
Year | Current Ratio | Change |
---|---|---|
2024 | 1.38 | -5.99% |
2023 | 1.46 | -2.88% |
2022 | 1.51 | 208.61% |
2021 | 0.49 | -69.13% |
2020 | 1.58 | -10.81% |
2019 | 1.77 | -46.28% |
2018 | 3.30 | 22.95% |
2017 | 2.69 | 8.47% |
2016 | 2.48 | 3.46% |
2015 | 2.39 | -6.33% |
The current Current Ratio of Tianma Bearing Group Co.,Ltd (002122.SZ) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
1.45
5-year avg
1.28
10-year avg
1.90
Tianma Bearing Group Co.,Ltd’s Current Ratio is less than Inner Mongolia Dian Tou Energy Corporation Limited (1.99), less than ShenZhen Woer Heat-Shrinkable Material Co.,Ltd. (1.78), greater than Tech-Bank Food Co., Ltd. (0.32), greater than Shenzhen Clou Electronics Co., Ltd. (0.61), less than Shenzhen Laibao Hi-Tech Co., Ltd. (6.22),
Company | Current Ratio | Market cap |
---|---|---|
1.99 | $43.51B | |
1.78 | $30.49B | |
0.32 | $6.73B | |
0.61 | $10.86B | |
6.22 | $7.34B |
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