002347.SZ
Price:
$7.78
Market Cap:
$3.93B
Taier Heavy Industry Co., Ltd. designs, develops, manufactures, markets, and services metallurgical equipment in China. The company provides industrial universal shafts, gear couplings, shear blades, sliding plates, mandrels, compactors, automobile-transmission shafts, automobile spare parts, and others. It also offers wire rod coil compactors; bar bundling, H-beam tying, strapping, and spray marking machines; and de-coilers/re-coilers, as well as compactor spare parts. The company was formerly known as Anhui Taier Heavy Industry Co., Ltd. and changed its name to Taier Heavy Industry Co., Ltd. in February 2013. Taier Heavy Industry Co., Ltd. was founded in 2000 and is based in Maanshan, Chin...[Read more]
Industry
Industrial - Machinery
IPO Date
2010-01-28
Stock Exchange
SHZ
Ticker
002347.SZ
According to Taier Heavy Industry Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.57. This represents a change of -1.26% compared to the average of 1.59 of the last 4 quarters.
The mean historical Current Ratio of Taier Heavy Industry Co., Ltd. over the last ten years is 1.79. The current 1.57 Current Ratio has changed 8.65% with respect to the historical average. Over the past ten years (40 quarters), 002347.SZ's Current Ratio was at its highest in in the March 2017 quarter at 2.34. The Current Ratio was at its lowest in in the December 2023 quarter at 1.52.
Average
1.79
Median
1.75
Minimum
1.52
Maximum
2.28
Discovering the peaks and valleys of Taier Heavy Industry 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 = 6.88%
Maximum Annual Current Ratio = 2.28
Minimum Annual Increase = -18.33%
Minimum Annual Current Ratio = 1.52
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.54 | 1.04% |
| 2023 | 1.52 | -7.14% |
| 2022 | 1.64 | -9.88% |
| 2021 | 1.82 | -2.74% |
| 2020 | 1.87 | 6.88% |
| 2019 | 1.75 | 6.74% |
| 2018 | 1.64 | -6.15% |
| 2017 | 1.75 | -18.33% |
| 2016 | 2.14 | -6.12% |
| 2015 | 2.28 | -2.21% |
The current Current Ratio of Taier Heavy Industry Co., Ltd. (002347.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
1.57
5-year avg
1.68
10-year avg
1.79
Taier Heavy Industry Co., Ltd.’s Current Ratio is less than Ceepower Co., Ltd. (1.84), less than Shenzhen Etmade Automatic Equipment Co., Ltd. (1.79), less than JILIN JINGUAN ELECTRIC Co.,Ltd (2.00), greater than China Western Power Industrial Co., Ltd. (0.56), less than Nantong Xingqiu Graphite Co.,Ltd. (3.20), less than WPG (Shanghai) Smart Water Public Co., Ltd. (1.69), less than Shanghai Chuangli Group Co., Ltd. (1.60), less than Hangzhou Hota M&E Holdings Co., Ltd. (6.26), less than Xi'an Typical Industries Co.,Ltd (2.47), less than Zhejiang Fenglong Electric Co., Ltd. (3.49),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.84 | $5.72B | |
| 1.79 | $4.13B | |
| 2.00 | $3.57B | |
| 0.56 | $3.19B | |
| 3.20 | $3.39B | |
| 1.69 | $3.77B | |
| 1.60 | $3.81B | |
| 6.26 | $3.93B | |
| 2.47 | $3.72B | |
| 3.49 | $4.25B |
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