002211.SZ
Price:
$3.38
Market Cap:
$1.46B
Shanghai Hongda New Material Co., Ltd. manufactures and sells silicone rubber products in China. The company's products include low-grade miscellaneous, die, high-grade sealing key, extrusion wire, flame retardant extrusion wire, heat-resistant extruded wire, cable joint, standard extrusion, ordinary vapor and nipple, high-grade nipple, swimming cap, high temperature resistant, flame retardant, car accessory, paper feeding rubber roller, gas phase rubber roller, general rubber roller, insulating, and water vapor resistant glue products; and ordinary molding adhesive, high-grade molded products, high resistance and tear gas, high temperature resistant steam adhesive, general molded products, ...[Read more]
Industry
Chemicals
IPO Date
2008-02-01
Stock Exchange
SHZ
Ticker
002211.SZ
According to Shanghai Hongda New Material Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 0.91. This represents a change of -0.18% compared to the average of 0.91 of the last 4 quarters.
The mean historical Current Ratio of Shanghai Hongda New Material Co., Ltd. over the last ten years is 1.87. The current 0.91 Current Ratio has changed 4.76% with respect to the historical average. Over the past ten years (40 quarters), 002211.SZ's Current Ratio was at its highest in in the June 2016 quarter at 3.40. The Current Ratio was at its lowest in in the September 2022 quarter at 0.76.
Average
1.87
Median
2.16
Minimum
0.87
Maximum
2.91
Discovering the peaks and valleys of Shanghai Hongda New Material 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 = 146.55%
Maximum Annual Current Ratio = 2.91
Minimum Annual Increase = -61.21%
Minimum Annual Current Ratio = 0.87
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.92 | -2.03% |
| 2023 | 0.94 | -4.27% |
| 2022 | 0.98 | 12.86% |
| 2021 | 0.87 | -61.21% |
| 2020 | 2.24 | 8.12% |
| 2019 | 2.07 | -13.72% |
| 2018 | 2.40 | -3.76% |
| 2017 | 2.50 | -14.16% |
| 2016 | 2.91 | 1.49% |
| 2015 | 2.87 | 146.55% |
The current Current Ratio of Shanghai Hongda New Material Co., Ltd. (002211.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
0.95
5-year avg
1.19
10-year avg
1.87
Shanghai Hongda New Material Co., Ltd.’s Current Ratio is less than Liaoning Kelong Fine Chemical,Inc. (1.10), less than Panda Financial Holding Corp., Ltd. (1.28), greater than Guangdong Quanwei Technology Co.,Ltd. (0.21), less than Aofu Environmental Technology Co., Ltd. (2.39), less than MEGA P&C Advanced Materials (Shanghai) Company Limited (2.77), less than Jiangxi Hengda Hi-Tech Co.,Ltd. (2.19), greater than Changzhou Tiansheng New Materials Co., Ltd. (0.40), less than Zhuzhou Feilu High-Tech Materials Co., Ltd. (1.01), less than Anhui Hyea Aromas Co., Ltd. (7.40), greater than Shanxi Tond Chemical Co., Ltd. (0.39),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.10 | $1.98B | |
| 1.28 | $1.63B | |
| 0.21 | $1.72B | |
| 2.39 | $1.48B | |
| 2.77 | $1.43B | |
| 2.19 | $2.13B | |
| 0.40 | $2.10B | |
| 1.01 | $2.12B | |
| 7.40 | $2.04B | |
| 0.39 | $2.09B |
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