002452.SZ
Price:
$7.99
Market Cap:
$4.96B
Changgao Electric Group Co., Ltd. engages in the research, development, manufacture, and sale of power equipment in the People's Republic of China and internationally. The company offers ring main units, metal-enclosed switchgears, disconnector switches, earthing switches, circuit breakers, and H-GIS and GIS equipment, as well as low/medium voltage switchgears and other products. It also offers engineering services comprising operation and maintenance, construction, equipment supply, design, financial support, and consulting in the areas of transmission and distribution, and renewable energy. The company was formerly known as Hunan Changgao Highvoltage Switchgear Group Co., Ltd. and changed ...[Read more]
Industry
Industrial - Machinery
IPO Date
2010-07-20
Stock Exchange
SHZ
Ticker
002452.SZ
According to Changgao Electric Group Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 3.37. This represents a change of 6.08% compared to the average of 3.18 of the last 4 quarters.
The mean historical Current Ratio of Changgao Electric Group Co., Ltd. over the last ten years is 2.30. The current 3.37 Current Ratio has changed 14.55% with respect to the historical average. Over the past ten years (40 quarters), 002452.SZ's Current Ratio was at its highest in in the June 2024 quarter at 3.64. The Current Ratio was at its lowest in in the September 2020 quarter at 1.20.
Average
2.30
Median
2.19
Minimum
1.26
Maximum
3.41
Discovering the peaks and valleys of Changgao Electric Group 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 = 93.72%
Maximum Annual Current Ratio = 3.41
Minimum Annual Increase = -42.74%
Minimum Annual Current Ratio = 1.26
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 3.09 | -7.33% |
| 2023 | 3.33 | 17.17% |
| 2022 | 2.84 | 16.82% |
| 2021 | 2.43 | 93.72% |
| 2020 | 1.26 | -4.00% |
| 2019 | 1.31 | -14.71% |
| 2018 | 1.53 | -17.86% |
| 2017 | 1.87 | -4.26% |
| 2016 | 1.95 | -42.74% |
| 2015 | 3.41 | -36.21% |
The current Current Ratio of Changgao Electric Group Co., Ltd. (002452.SZ) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
3.09
5-year avg
2.59
10-year avg
2.30
Changgao Electric Group Co., Ltd.’s Current Ratio is greater than Zhejiang Feida Environmental Science & Technology Co., Ltd. (1.22), greater than Ningbo BaoSi Energy Equipment Co., Ltd. (2.49), greater than Jiangsu Libert Inc. (1.86), greater than Xuzhou Handler Special Vehicle Co., Ltd (1.95), greater than Zhangjiagang Furui Special Equipment Co., Ltd. (1.87), greater than Zhongyeda Electric Co., Ltd. (2.54), greater than Atlantic China Welding Consumables, Inc. (3.32), greater than Changhong Huayi Compressor Co., Ltd. (1.29), greater than Shenyang Yuanda Intellectual Industry Group Co.,Ltd (2.30), greater than Top Resource Energy Co., Ltd. Class A (0.67),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.22 | $4.58B | |
| 2.49 | $4.81B | |
| 1.86 | $5.10B | |
| 1.95 | $5.31B | |
| 1.87 | $5.20B | |
| 2.54 | $4.86B | |
| 3.32 | $4.96B | |
| 1.29 | $4.73B | |
| 2.30 | $3.35B | |
| 0.67 | $4.51B |
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 Changgao Electric Group 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 Changgao Electric Group 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 Changgao Electric Group Co., Ltd.'s Current Ratio?
How is the Current Ratio calculated for Changgao Electric Group Co., Ltd. (002452.SZ)?
What is the highest Current Ratio for Changgao Electric Group Co., Ltd. (002452.SZ)?
What is the 3-year average Current Ratio for Changgao Electric Group Co., Ltd. (002452.SZ)?
What is the 5-year average Current Ratio for Changgao Electric Group Co., Ltd. (002452.SZ)?
How does the current Current Ratio for Changgao Electric Group Co., Ltd. (002452.SZ) compare to its historical average?