Zhejiang Weixing New Building Materials Co., Ltd.

Zhejiang Weixing New Building Materials Co., Ltd. - Current Ratioverified

002372.SZ

Price:

$8.12

Market Cap:

$12.76B

Zhejiang Weixing New Building Materials Co., Ltd., established in 1999 and headquartered in Linhai, China, operates as a key manufacturer and distributor of plastic piping throughout the nation. The company's extensive product portfolio features various plastic pipes designed for specific applications: water supply (including PPR, PE, polypropylene-random-copolymer, PE-XB, F-PPR, and PP-R/AL types), sewage and drainage (such as PE corrugated, PVC-U, and PE pipes), and heating systems (like PB-R, PE-RT II, PE-RT I, PB, and PB-XB pipes). Beyond individual components, Weixing also provides comprehensive system solutions, including HDPE same-floor drainage, floor radiant heating, comfortable hot...[Read more]

Industry

Construction Materials

IPO Date

2010-03-18

Stock Exchange

SHZ

Ticker

002372.SZ

The Current Ratio as of September 2026 (TTM) for Zhejiang Weixing New Building Materials Co., Ltd. (002372.SZ) is 2.72

According to Zhejiang Weixing New Building Materials Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 2.72. This represents a change of -4.92% compared to the average of 2.86 of the last 4 quarters.

Zhejiang Weixing New Building Materials Co., Ltd. (002372.SZ) Historical Current Ratio (quarterly & annually)

How has 002372.SZ Current Ratio performed in the past?

The mean historical Current Ratio of Zhejiang Weixing New Building Materials Co., Ltd. over the last ten years is 3.08. The current 2.72 Current Ratio has changed 8.72% 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.

Quarterly (TTM)
Annual

Average

3.08

Median

3.01

Minimum

2.45

Maximum

3.64

Zhejiang Weixing New Building Materials Co., Ltd. (002372.SZ) Current Ratio by Quarter and Year

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 = 3.64

Minimum Annual Increase = -33.15%

Minimum Annual Current Ratio = 2.45

Quarterly (TTM)
Annual
YearCurrent RatioChange
20252.85-13.30%
20243.29-4.93%
20233.46-4.85%
20223.6422.97%
20212.966.37%
20202.78-19.81%
20193.4713.06%
20183.076.61%
20172.8817.17%
20162.45-33.15%

Zhejiang Weixing New Building Materials Co., Ltd. (002372.SZ) Average Current Ratio

How has 002372.SZ Current Ratio performed in the past?

The current Current Ratio of Zhejiang Weixing New Building Materials Co., Ltd. (002372.SZ) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

3.20

5-year avg

3.24

10-year avg

3.08

Zhejiang Weixing New Building Materials Co., Ltd. (002372.SZ) Current Ratio vs. Peers

How is 002372.SZ’s Current Ratio compared to its peers?

Zhejiang Weixing New Building Materials Co., Ltd.’s Current Ratio is greater than Moon Environment Technology Co.,Ltd. (1.69), greater than Zhejiang E-P Equipment Co Ltd (1.57), greater than China-Singapore Suzhou Industrial Park Development Group Co., Ltd. (2.38), greater than Hexing Electrical Co.,Ltd. (2.63), greater than Shantui Construction Machinery Co., Ltd. (1.31), less than Shanghai Jinjiang Shipping (Group) Co., Ltd. (3.54), greater than Dongfang Electronics Co., Ltd. (1.59), greater than Wuxi Huaguang Environment & Energy Group Co.,Ltd. (1.06), greater than China Railway Materials Company Limited (1.74), greater than Zhuzhou Kibing Group Co.,Ltd (1.13),

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