002351.SZ
Price:
$12.69
Market Cap:
$11.28B
Edifier Technology Co., Ltd. provides audio solutions for home, consumer electronics, and PC multimedia applications. It offers sound bars and speaker systems; Bluetooth, portable, bookshelf, home theatre, gaming, and computer speakers; accessories; and speakers for TV and living rooms, as well as gaming and communication headphones. The company offers its products through a network of distributors in North America, South America, Oceania, Europe, and the Asia Pacific regions. Edifier Technology Co., Ltd. was founded in 1996 and is based in Shenzhen, China.
Industry
Consumer Electronics
IPO Date
2010-02-05
Stock Exchange
SHZ
Ticker
002351.SZ
According to Edifier Technology Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 5.27. This represents a change of 1.60% compared to the average of 5.18 of the last 4 quarters.
The mean historical Current Ratio of Edifier Technology Co., Ltd. over the last ten years is 6.49. The current 5.27 Current Ratio has changed 8.02% with respect to the historical average. Over the past ten years (40 quarters), 002351.SZ's Current Ratio was at its highest in in the June 2016 quarter at 15.63. The Current Ratio was at its lowest in in the September 2023 quarter at 4.02.
Average
6.49
Median
5.37
Minimum
4.21
Maximum
10.90
Discovering the peaks and valleys of Edifier Technology 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 = 28.34%
Maximum Annual Current Ratio = 10.90
Minimum Annual Increase = -34.58%
Minimum Annual Current Ratio = 4.21
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 4.63 | 4.26% |
| 2023 | 4.44 | -16.69% |
| 2022 | 5.33 | -1.44% |
| 2021 | 5.41 | 28.34% |
| 2020 | 4.21 | -20.49% |
| 2019 | 5.30 | -34.58% |
| 2018 | 8.10 | 14.97% |
| 2017 | 7.05 | -25.69% |
| 2016 | 9.48 | -13.02% |
| 2015 | 10.90 | -13.84% |
The current Current Ratio of Edifier Technology Co., Ltd. (002351.SZ) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
4.80
5-year avg
4.81
10-year avg
6.49
Edifier Technology Co., Ltd.’s Current Ratio is greater than Guodian Nanjing Automation Co., Ltd. (1.36), greater than DongGuan YuTong Optical Technology Co.,Ltd. (0.98), greater than Konka Group Co., Ltd. (0.66), greater than Guangdong Ellington Electronics Technology Co.,Ltd (1.74), greater than Shenzhen Fenda Technology Co., Ltd. (1.81), greater than Shenzhen Microgate Technology Co., Ltd. (1.68), greater than Telling Telecommunication Holding Co.,Ltd (0.86), greater than Shenzhen Desay Battery Technology Co., Ltd. (1.38), greater than Shenzhen Coship Electronics Co., Ltd. (1.60), greater than Ningbo Yongxin Optics Co.,Ltd (4.35),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.36 | $10.58B | |
| 0.98 | $10.95B | |
| 0.66 | $8.32B | |
| 1.74 | $10.97B | |
| 1.81 | $12.80B | |
| 1.68 | $10.62B | |
| 0.86 | $11.16B | |
| 1.38 | $11.09B | |
| 1.60 | $9.47B | |
| 4.35 | $10.91B |
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