002442.SZ
Price:
$6.85
Market Cap:
$3.36B
Longxing Chemical Stock Co., Ltd. produces and sells carbon black products under the Longxing brand in China. The company offers carbon black, precipitated silica, and polyvinylidene fluoride products. Its carbon black is used in all-steel, semi-steel radial tires, and inner tubes; used for auto parts, including sealing strips of doors and windows, oil tubes, and brake pads; and serves as an ingredient in rubber, building materials, electronics, papers, plastics, color masterbatches, paints, fuels, chemical fibers, and fiber coloring. The company was formerly known as Hebei Longxing Chemical Stock Co., Ltd. and changed its name to Longxing Chemical Stock Co., Ltd. in January 2008. Longxing C...[Read more]
Industry
Chemicals - Specialty
IPO Date
2010-07-06
Stock Exchange
SHZ
Ticker
002442.SZ
According to Longxing Chemical Stock Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.91. This represents a change of -8.33% compared to the average of 2.09 of the last 4 quarters.
The mean historical Current Ratio of Longxing Chemical Stock Co., Ltd. over the last ten years is 1.25. The current 1.91 Current Ratio has changed 15.17% with respect to the historical average. Over the past ten years (40 quarters), 002442.SZ's Current Ratio was at its highest in in the December 2024 quarter at 2.41. The Current Ratio was at its lowest in in the December 2015 quarter at 0.73.
Average
1.25
Median
1.11
Minimum
0.73
Maximum
2.41
Discovering the peaks and valleys of Longxing Chemical Stock 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 = 67.68%
Maximum Annual Current Ratio = 2.41
Minimum Annual Increase = -12.29%
Minimum Annual Current Ratio = 0.73
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 2.41 | 67.68% |
| 2023 | 1.44 | 0.02% |
| 2022 | 1.44 | -6.05% |
| 2021 | 1.53 | 29.33% |
| 2020 | 1.18 | 13.68% |
| 2019 | 1.04 | 0.82% |
| 2018 | 1.03 | 11.39% |
| 2017 | 0.93 | 14.29% |
| 2016 | 0.81 | 10.29% |
| 2015 | 0.73 | -12.29% |
The current Current Ratio of Longxing Chemical Stock Co., Ltd. (002442.SZ) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.76
5-year avg
1.60
10-year avg
1.25
Longxing Chemical Stock Co., Ltd.’s Current Ratio is less than Ningbo Color Master Batch Co., Ltd. (8.79), less than Shanxi Yongdong Chemistry Industry Co., Ltd. (4.72), greater than Guangdong Tianan New Material Co., Ltd. (1.11), greater than Shenyang Chemical Industry Co., Ltd. (0.71), greater than Xiamen Yanjan New Material Co., Ltd. (1.38), less than Fujian Green Pine Co., Ltd. (2.82), less than Zhejiang Guanghua Technology Co., Ltd. (2.19), greater than Shanghai Kinlita Chemical Co., Ltd. (1.49), greater than Juheshun Advanced Material Co., Ltd. (1.47), greater than Polyrocks Chemical Co., Ltd (0.94),
| Company | Current Ratio | Market cap |
|---|---|---|
| 8.79 | $4.69B | |
| 4.72 | $2.89B | |
| 1.11 | $2.77B | |
| 0.71 | $3.06B | |
| 1.38 | $3.84B | |
| 2.82 | $3.79B | |
| 2.19 | $2.93B | |
| 1.49 | $2.64B | |
| 1.47 | $3.34B | |
| 0.94 | $2.54B |
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