002443.SZ
Price:
$8.11
Market Cap:
$4.18B
Zhejiang Kingland Pipeline and Technologies Co.,Ltd. manufactures and sells oil and gas pipelines, and civilian pipelines in China. The company's principal products include hot-dip galvanized/black pipes, lined or PE coated GAL pipes, coated pipes, epoxy primer pre-coated hot-dip galvanized pipes, helical submerged-arc welded pipes, high frequency welded pipes, FBE/2PE/3PE coated pipes, PP-R/PE pipes, and fittings, as well as SAWL and HFW pipes. It provides products for use in oil and natural gas transportation pipeline projects, mine slurry and mine powder transportation line pipes, undersea line pipes, heating power pipeline projects, urban water supply and drainage projects, oil well casi...[Read more]
Industry
Steel
IPO Date
2010-07-06
Stock Exchange
SHZ
Ticker
002443.SZ
According to Zhejiang Kingland Pipeline and Technologies Co.,Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 4.54. This represents a change of -10.77% compared to the average of 5.09 of the last 4 quarters.
The mean historical Current Ratio of Zhejiang Kingland Pipeline and Technologies Co.,Ltd. over the last ten years is 3.06. The current 4.54 Current Ratio has changed 14.74% with respect to the historical average. Over the past ten years (40 quarters), 002443.SZ's Current Ratio was at its highest in in the March 2025 quarter at 5.36. The Current Ratio was at its lowest in in the March 2017 quarter at 1.70.
Average
3.06
Median
2.85
Minimum
1.80
Maximum
5.35
Discovering the peaks and valleys of Zhejiang Kingland Pipeline and Technologies 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 = 39.36%
Maximum Annual Current Ratio = 5.35
Minimum Annual Increase = -25.25%
Minimum Annual Current Ratio = 1.80
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 5.35 | 33.81% |
| 2023 | 4.00 | 39.36% |
| 2022 | 2.87 | -13.44% |
| 2021 | 3.31 | -6.46% |
| 2020 | 3.54 | 25.28% |
| 2019 | 2.83 | 31.70% |
| 2018 | 2.15 | -8.68% |
| 2017 | 2.35 | 30.52% |
| 2016 | 1.80 | -25.25% |
| 2015 | 2.41 | -17.38% |
The current Current Ratio of Zhejiang Kingland Pipeline and Technologies Co.,Ltd. (002443.SZ) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
4.07
5-year avg
3.81
10-year avg
3.06
Zhejiang Kingland Pipeline and Technologies Co.,Ltd.’s Current Ratio is greater than Shengtak New Material Co., Ltd (1.21), greater than Zhejiang Huada New Materials Co., Ltd. (1.15), greater than Luyin Investment Group Co.,Ltd. (1.21), greater than Hubei Fuxing Science and Technology Co.,Ltd (1.60), greater than Liaoning Fu-An Heavy Industry Co.,Ltd (1.64), less than Apple Flavor & Fragrance Group Co.,Ltd. (12.97), greater than Shanghai Huide Science & Technology Co.,Ltd (2.59), greater than Shandong Head Group Co.,Ltd. (1.78), less than Zhejiang Jianye Chemical Co., Ltd. (4.73), greater than Guizhou Wire Rope Incorporated Company (1.25),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.21 | $3.74B | |
| 1.15 | $4.18B | |
| 1.21 | $4.47B | |
| 1.60 | $3.89B | |
| 1.64 | $4.52B | |
| 12.97 | $3.78B | |
| 2.59 | $3.24B | |
| 1.78 | $4.46B | |
| 4.73 | $4.26B | |
| 1.25 | $3.36B |
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