002372.SZ
Price:
$10.26
Market Cap:
$16.13B
Zhejiang Weixing New Building Materials Co., Ltd. engages in the manufacture and sale of plastic pipes in China. The company's products include PPR, PE, polypropylene-random-copolymer, PE-XB, F-PPR, and PP-R/AL pipes for water supplying applications; PE corrugated, PVC-U, and PE pipes for sewerage applications; PB-R, PE-RT II, PE-RT I, PB, and PB-XB pipes for heating applications; and hoses and plumbing accessories. It also offers HDPE same-floor drainage system, floor radiant heating system, comfortable hot water circulation system, SPM comfortable drainage system, and central hydraulic balance system solutions. The company offers its products under the Weixing, annette, and KALE brands. Zh...[Read more]
Industry
Construction
IPO Date
2010-03-18
Stock Exchange
SHZ
Ticker
002372.SZ
According to Zhejiang Weixing New Building Materials Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 3.64. This represents a change of 14.43% compared to the average of 3.18 of the last 4 quarters.
The mean historical Current Ratio of Zhejiang Weixing New Building Materials Co., Ltd. over the last ten years is 3.17. The current 3.64 Current Ratio has changed 11.41% with respect to the historical average. Over the past ten years (40 quarters), 002372.SZ's Current Ratio was at its highest in in the March 2024 quarter at 4.03. The Current Ratio was at its lowest in in the June 2017 quarter at 2.35.
Average
3.17
Median
3.18
Minimum
2.45
Maximum
3.67
Discovering the peaks and valleys of Zhejiang Weixing New Building Materials 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 = 22.97%
Maximum Annual Current Ratio = 3.67
Minimum Annual Increase = -33.15%
Minimum Annual Current Ratio = 2.45
Year | Current Ratio | Change |
---|---|---|
2024 | 3.29 | -4.93% |
2023 | 3.46 | -4.85% |
2022 | 3.64 | 22.97% |
2021 | 2.96 | 6.37% |
2020 | 2.78 | -19.81% |
2019 | 3.47 | 13.06% |
2018 | 3.07 | 6.61% |
2017 | 2.88 | 17.17% |
2016 | 2.45 | -33.15% |
2015 | 3.67 | 4.54% |
The current Current Ratio of Zhejiang Weixing New Building Materials Co., Ltd. (002372.SZ) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
3.46
5-year avg
3.22
10-year avg
3.17
Zhejiang Weixing New Building Materials Co., Ltd.’s Current Ratio is greater than Beijing Oriental Yuhong Waterproof Technology Co., Ltd. (1.20), greater than Zhejiang Supor Co., Ltd. (1.78), greater than Beijing New Building Materials Public Limited Company (1.68), greater than Guangdong Haid Group Co., Limited (1.27), greater than Zhejiang Dahua Technology Co., Ltd. (2.87),
Company | Current Ratio | Market cap |
---|---|---|
1.20 | $25.06B | |
1.78 | $41.47B | |
1.68 | $43.54B | |
1.27 | $97.76B | |
2.87 | $50.15B |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Zhejiang Weixing New Building Materials Co., Ltd. using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Zhejiang Weixing New Building Materials Co., Ltd. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is Zhejiang Weixing New Building Materials Co., Ltd.'s Current Ratio?
How is the Current Ratio calculated for Zhejiang Weixing New Building Materials Co., Ltd. (002372.SZ)?
What is the highest Current Ratio for Zhejiang Weixing New Building Materials Co., Ltd. (002372.SZ)?
What is the 3-year average Current Ratio for Zhejiang Weixing New Building Materials Co., Ltd. (002372.SZ)?
What is the 5-year average Current Ratio for Zhejiang Weixing New Building Materials Co., Ltd. (002372.SZ)?
How does the current Current Ratio for Zhejiang Weixing New Building Materials Co., Ltd. (002372.SZ) compare to its historical average?