002246.SZ
Price:
$17.33
Market Cap:
$9.51B
North Chemical Industries Co., Ltd. manufactures and sells nitrocellulose products in China. The company offers ethyl cellulose, hydroxyethyl cellulose, cellulose acetate butyrate, and carboxymethyl cellulose fiber derivatives, as well as nitrocellulose chips. It also provides industrial pumps, such as desulphurization, slurry, flow, magnetic, and axial flow pumps for use in chemical, fertilizer, metallurgy, mining, petrochemical, paper, pharmaceutical, sewage treatment, power plant desulfurization, nuclear power, and other industries. It also exports its products to the United States, Japan, Australia, France, Turkey, Iran, Vietnam, and approximately 20 countries and regions. The company wa...[Read more]
Industry
Chemicals
IPO Date
2008-05-28
Stock Exchange
SHZ
Ticker
002246.SZ
According to North Chemical Industries Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 2.18. This represents a change of -1.20% compared to the average of 2.21 of the last 4 quarters.
The mean historical Current Ratio of North Chemical Industries Co., Ltd. over the last ten years is 2.35. The current 2.18 Current Ratio has changed 9.20% with respect to the historical average. Over the past ten years (40 quarters), 002246.SZ's Current Ratio was at its highest in in the December 2016 quarter at 2.90. The Current Ratio was at its lowest in in the June 2018 quarter at 1.83.
Average
2.35
Median
2.32
Minimum
2.07
Maximum
2.90
Discovering the peaks and valleys of North Chemical Industries 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 = 22.87%
Maximum Annual Current Ratio = 2.90
Minimum Annual Increase = -18.68%
Minimum Annual Current Ratio = 2.07
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 2.19 | -3.89% |
| 2023 | 2.27 | 9.98% |
| 2022 | 2.07 | -3.13% |
| 2021 | 2.13 | -7.20% |
| 2020 | 2.30 | -1.45% |
| 2019 | 2.33 | -3.61% |
| 2018 | 2.42 | 2.85% |
| 2017 | 2.35 | -18.68% |
| 2016 | 2.90 | 15.36% |
| 2015 | 2.51 | 22.87% |
The current Current Ratio of North Chemical Industries Co., Ltd. (002246.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
2.18
5-year avg
2.19
10-year avg
2.35
North Chemical Industries Co., Ltd.’s Current Ratio is less than Anhui Jinhe Industrial Co.,Ltd. (3.02), greater than Zhejiang Communications Technology Co., Ltd. (1.08), less than Guangdong Orient Zirconic Ind Sci & Tech Co.,Ltd (2.32), greater than Tangshan Sanyou Chemical Industries Co.,Ltd (1.12), greater than Zhejiang Jiahua Energy Chemical Industry Co.,Ltd. (1.52), less than Jiangsu Zhengdan Chemical Industry Co., Ltd. (35.77), greater than CNSIG Inner Mongolia Chemical Industry Co., Ltd. (0.42), greater than China Resources Chemical Innovative Materials Co., Ltd. (1.92), greater than Lier Chemical Co.,LTD. (1.30), greater than Suzhou Hesheng Special Material Co., Ltd. (1.80),
| Company | Current Ratio | Market cap |
|---|---|---|
| 3.02 | $10.93B | |
| 1.08 | $10.87B | |
| 2.32 | $9.39B | |
| 1.12 | $12.34B | |
| 1.52 | $11.01B | |
| 35.77 | $9.56B | |
| 0.42 | $11.52B | |
| 1.92 | $10.22B | |
| 1.30 | $10.50B | |
| 1.80 | $10.16B |
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