002318.SZ
Price:
$26.55
Market Cap:
$25.19B
Zhejiang Jiuli Hi-Tech Metals Co., Ltd. manufactures and sells stainless steel pipes and tubes worldwide. Its products include austenitic stainless steel pipes/tubes, duplex stainless steel, corrosion and high temperature resistant alloys, ferritic stainless steel, precipitation hardening stainless steel, clad/lined pipes, titanium alloys, and pipe fittings. The company's products are used in civil nuclear power, thermal/hydro electric generation, oil and gas, refinery, chemical, offshore engineering and shipbuilding, seawater desalination and water treatment, natural gas, and instrumentation tubing industries, as well as aerospace, auto, fertilizer, chemical fiber, pulp and paper, food, etc...[Read more]
Industry
Steel
IPO Date
2009-12-11
Stock Exchange
SHZ
Ticker
002318.SZ
According to Zhejiang Jiuli Hi-Tech Metals Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.67. This represents a change of 12.17% compared to the average of 1.49 of the last 4 quarters.
The mean historical Current Ratio of Zhejiang Jiuli Hi-Tech Metals Co., Ltd. over the last ten years is 2.21. The current 1.67 Current Ratio has changed 7.48% with respect to the historical average. Over the past ten years (40 quarters), 002318.SZ's Current Ratio was at its highest in in the March 2019 quarter at 4.23. The Current Ratio was at its lowest in in the June 2025 quarter at 1.39.
Average
2.21
Median
1.89
Minimum
1.45
Maximum
3.69
Discovering the peaks and valleys of Zhejiang Jiuli Hi-Tech Metals 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 = 56.16%
Maximum Annual Current Ratio = 3.69
Minimum Annual Increase = -34.21%
Minimum Annual Current Ratio = 1.45
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.45 | -13.45% |
| 2023 | 1.67 | -9.99% |
| 2022 | 1.86 | 2.27% |
| 2021 | 1.82 | -23.50% |
| 2020 | 2.38 | -2.04% |
| 2019 | 2.43 | -34.21% |
| 2018 | 3.69 | 23.88% |
| 2017 | 2.98 | 56.16% |
| 2016 | 1.91 | 2.17% |
| 2015 | 1.87 | -10.55% |
The current Current Ratio of Zhejiang Jiuli Hi-Tech Metals Co., Ltd. (002318.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
1.66
5-year avg
1.84
10-year avg
2.21
Zhejiang Jiuli Hi-Tech Metals Co., Ltd.’s Current Ratio is less than Yongxing Special Materials Technology Co.,Ltd (6.49), greater than Shanxi Taigang Stainless Steel Co., Ltd. (0.69), greater than Angang Steel Company Limited (0.57), less than Qingdao East Steel Tower Stock Co.Ltd (2.18), greater than Hbis Company Limited (0.47), greater than Inner Mongolia Yuan Xing Energy Co.,Ltd (0.62), greater than Xinfengming Group Co., Ltd. (0.65), greater than Luxi Chemical Group Co., Ltd. (0.34), greater than Hainan Mining Co., Ltd. (1.13), less than Bluestar Adisseo Company (1.69),
| Company | Current Ratio | Market cap |
|---|---|---|
| 6.49 | $25.52B | |
| 0.69 | $27.34B | |
| 0.57 | $22.85B | |
| 2.18 | $22.93B | |
| 0.47 | $23.36B | |
| 0.62 | $25.02B | |
| 0.65 | $24.96B | |
| 0.34 | $28.74B | |
| 1.13 | $20.75B | |
| 1.69 | $23.65B |
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