002319.SZ
Price:
$12.43
Market Cap:
$2.60B
Letong Chemical Co.,LTD researches, develops, produces, and sells medium and high-end ink coatings in China. The company offers beverage, food, and cigarette packaging; gravure inks, flexographic inks, screen printing inks, etc.; and Internet advertising and marketing. It also exports its products. Letong Chemical Co.,LTD was founded in 1996 and is based in Zhuhai, China.
Industry
Chemicals - Specialty
IPO Date
2009-12-11
Stock Exchange
SHZ
Ticker
002319.SZ
According to Letong Chemical Co.,LTD’s latest financial reports and current stock price. The company's current Current Ratio is 0.67. This represents a change of 4.53% compared to the average of 0.64 of the last 4 quarters.
The mean historical Current Ratio of Letong Chemical Co.,LTD over the last ten years is 0.53. The current 0.67 Current Ratio has changed 12.39% with respect to the historical average. Over the past ten years (40 quarters), 002319.SZ's Current Ratio was at its highest in in the March 2016 quarter at 0.72. The Current Ratio was at its lowest in in the June 2020 quarter at 0.40.
Average
0.53
Median
0.51
Minimum
0.44
Maximum
0.69
Discovering the peaks and valleys of Letong Chemical 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 = 22.05%
Maximum Annual Current Ratio = 0.69
Minimum Annual Increase = -54.66%
Minimum Annual Current Ratio = 0.44
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.61 | 22.05% |
| 2023 | 0.50 | 0.23% |
| 2022 | 0.50 | -2.39% |
| 2021 | 0.51 | 6.25% |
| 2020 | 0.48 | 8.91% |
| 2019 | 0.44 | -4.68% |
| 2018 | 0.47 | -17.43% |
| 2017 | 0.56 | -1.13% |
| 2016 | 0.57 | -16.91% |
| 2015 | 0.69 | -54.66% |
The current Current Ratio of Letong Chemical Co.,LTD (002319.SZ) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
0.54
5-year avg
0.52
10-year avg
0.53
Letong Chemical Co.,LTD’s Current Ratio is less than Jiangsu Feymer Technology Co., Ltd. (2.95), less than Elite Color Environmental Resources Science & Technology Co., Ltd. (3.85), less than Zhejiang Bofay Electric Co.,Ltd. (1.33), less than Shanxi Yongdong Chemistry Industry Co., Ltd. (4.72), less than Henan Qingshuiyuan Technology CO.,Ltd (1.43), less than Polyrocks Chemical Co., Ltd (0.94), less than Guangzhou Jointas Chemical Co., Ltd. (0.69), less than Jiangsu Chuanzhi Podcast Education Technology Co., Ltd. (1.76), less than Nantong Acetic Acid Chemical Co., Ltd. (1.60), less than Shandong Ruifeng Chemical Co., Ltd. (1.80),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.95 | $2.69B | |
| 3.85 | $2.50B | |
| 1.33 | $2.52B | |
| 4.72 | $2.89B | |
| 1.43 | $5.70B | |
| 0.94 | $2.54B | |
| 0.69 | $2.66B | |
| 1.76 | $2.60B | |
| 1.60 | $2.35B | |
| 1.80 | $2.68B |
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What is the Current Ratio?
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What is Letong Chemical Co.,LTD's Current Ratio?
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How does the current Current Ratio for Letong Chemical Co.,LTD (002319.SZ) compare to its historical average?