002440.SZ
Price:
$7.54
Market Cap:
$8.47B
Zhejiang Runtu Co., Ltd. produces and sells dyes in China. It provides approximately 300 types of chemicals in dye, pigment, and additive categories. The company offers disperse, reactive, direct, blend, cationic, and vat dyes; and chemical intermediate products, textile auxiliaries, sulfuric acid, chlor-alkali, and hydrogen peroxide. The company also sells its products in the Southeast Asia, the Middle East, Europe, and the United States. The company was founded in 1986 and is based in Shangyu, China.
Industry
Chemicals - Specialty
IPO Date
2010-07-06
Stock Exchange
SHZ
Ticker
002440.SZ
According to Zhejiang Runtu Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 3.67. This represents a change of 3.32% compared to the average of 3.56 of the last 4 quarters.
The mean historical Current Ratio of Zhejiang Runtu Co., Ltd. over the last ten years is 3.41. The current 3.67 Current Ratio has changed 10.66% with respect to the historical average. Over the past ten years (40 quarters), 002440.SZ's Current Ratio was at its highest in in the March 2020 quarter at 4.63. The Current Ratio was at its lowest in in the June 2017 quarter at 2.46.
Average
3.41
Median
3.39
Minimum
2.54
Maximum
4.41
Discovering the peaks and valleys of Zhejiang Runtu 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 = 66.82%
Maximum Annual Current Ratio = 4.41
Minimum Annual Increase = -42.41%
Minimum Annual Current Ratio = 2.54
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 3.45 | -18.61% |
| 2023 | 4.24 | 66.82% |
| 2022 | 2.54 | -42.41% |
| 2021 | 4.41 | 23.63% |
| 2020 | 3.57 | 6.50% |
| 2019 | 3.35 | 12.51% |
| 2018 | 2.98 | -13.24% |
| 2017 | 3.43 | 6.34% |
| 2016 | 3.23 | 10.20% |
| 2015 | 2.93 | 9.62% |
The current Current Ratio of Zhejiang Runtu Co., Ltd. (002440.SZ) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
3.41
5-year avg
3.64
10-year avg
3.41
Zhejiang Runtu Co., Ltd.’s Current Ratio is greater than Chengdu Guibao Science & Technology Co.,Ltd. (2.07), greater than Befar Group Co.,Ltd (0.72), less than Xi'an Manareco New Materials Co.,Ltd (6.14), greater than Zhejiang Fulai New Material Co.,Ltd. (1.01), greater than Rianlon Corporation (1.43), greater than Jiangxi Guotai Group Co.,Ltd. (1.61), greater than Shanghai Smith Adhesive New Material Co., Ltd (1.23), less than Suzhou Shihua New Material Technology Co., Ltd. (10.41), greater than Xinjiang Xuefeng Sci-Tech(Group)Co.,Ltd (2.03), greater than Guizhou Zhongyida Co., Ltd (3.12),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.07 | $7.98B | |
| 0.72 | $8.64B | |
| 6.14 | $7.64B | |
| 1.01 | $8.68B | |
| 1.43 | $10.02B | |
| 1.61 | $8.03B | |
| 1.23 | $7.75B | |
| 10.41 | $9.14B | |
| 2.03 | $8.68B | |
| 3.12 | $6.96B |
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