002346.SZ
Price:
$17.71
Market Cap:
$7.82B
Shanghai Zhezhong Group Co.,Ltd manufactures and sells sets of switchgears in China. It also provides spare parts. The company was formerly known as Shanghai Zhezhong Construction Co., Ltd. and changed its name to Shanghai Zhezhong Group Co., Ltd. in March 2015. Shanghai Zhezhong Group Co.,Ltd is based in Shanghai, China.
Industry
Electrical Equipment & Parts
IPO Date
2010-01-28
Stock Exchange
SHZ
Ticker
002346.SZ
According to Shanghai Zhezhong Group Co.,Ltd’s latest financial reports and current stock price. The company's current Current Ratio is 1.68. This represents a change of 18.21% compared to the average of 1.42 of the last 4 quarters.
The mean historical Current Ratio of Shanghai Zhezhong Group Co.,Ltd over the last ten years is 1.72. The current 1.68 Current Ratio has changed 9.65% with respect to the historical average. Over the past ten years (40 quarters), 002346.SZ's Current Ratio was at its highest in in the June 2017 quarter at 3.81. The Current Ratio was at its lowest in in the June 2023 quarter at 0.87.
Average
1.72
Median
1.35
Minimum
0.94
Maximum
3.67
Discovering the peaks and valleys of Shanghai Zhezhong 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 = 85.42%
Maximum Annual Current Ratio = 3.67
Minimum Annual Increase = -50.45%
Minimum Annual Current Ratio = 0.94
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.21 | 21.11% |
| 2023 | 1.00 | 6.96% |
| 2022 | 0.94 | -16.40% |
| 2021 | 1.12 | -24.86% |
| 2020 | 1.49 | 43.21% |
| 2019 | 1.04 | -34.08% |
| 2018 | 1.58 | -50.45% |
| 2017 | 3.19 | -13.27% |
| 2016 | 3.67 | 85.42% |
| 2015 | 1.98 | -36.30% |
The current Current Ratio of Shanghai Zhezhong Group Co.,Ltd (002346.SZ) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
1.05
5-year avg
1.15
10-year avg
1.72
Shanghai Zhezhong Group Co.,Ltd’s Current Ratio is greater than Foshan Electrical and Lighting Co.,Ltd (1.47), less than Shandong University Electric Power Technology Co., Ltd. (2.88), less than Suzhou W Deane New Power Elec (1.98), less than Shenglan Technology Co., Ltd. (2.12), greater than Gold cup Electric Apparatus Co.,Ltd. (1.43), less than Changshu Tianyin Electromechanical Co.,Ltd (2.87), greater than Warom Technology Incorporated Company (1.47), greater than Xinya Electronic Co., Ltd. (1.35), greater than Hsino Tower Group Co., Ltd. (1.53), greater than Wetown Electric Group Co., Ltd. (1.43),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.47 | $7.33B | |
| 2.88 | $6.78B | |
| 1.98 | $7.53B | |
| 2.12 | $7.64B | |
| 1.43 | $8.58B | |
| 2.87 | $10.70B | |
| 1.47 | $6.40B | |
| 1.35 | $7.30B | |
| 1.53 | $7.09B | |
| 1.43 | $7.56B |
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