Jiangsu Rainbow Heavy Industries Co., Ltd.

Jiangsu Rainbow Heavy Industries Co., Ltd. - Current Ratioverified

002483.SZ

Price:

$5.84

Market Cap:

$5.18B

Jiangsu Rainbow Heavy Industries Co., Ltd. operates globally, focusing on two main business areas: the production of industrial equipment and the provision of environmental protection and energy-saving services. In its equipment division, the company manufactures a wide array of products, such as material handling systems (with its cranes marketed under the GENMA brand), components for offshore wind power, various marine equipment, automated parking systems, and specialized engineering vessels. Furthermore, its environmental services encompass the treatment and disposal of hazardous, medical, and sludge waste. The company also offers solutions aimed at promoting energy conservation and recyc...[Read more]

Industry

Industrial - Machinery

IPO Date

2010-09-29

Stock Exchange

SHZ

Ticker

002483.SZ

The Current Ratio as of October 2026 (TTM) for Jiangsu Rainbow Heavy Industries Co., Ltd. (002483.SZ) is 1.44

According to Jiangsu Rainbow Heavy Industries Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.44. This represents a change of -0.26% compared to the average of 1.45 of the last 4 quarters.

Jiangsu Rainbow Heavy Industries Co., Ltd. (002483.SZ) Historical Current Ratio (quarterly & annually)

How has 002483.SZ Current Ratio performed in the past?

The mean historical Current Ratio of Jiangsu Rainbow Heavy Industries Co., Ltd. over the last ten years is 1.51. The current 1.44 Current Ratio has changed 9.49% with respect to the historical average. Over the past ten years (40 quarters), 002483.SZ's Current Ratio was at its highest in in the March 2018 quarter at 2.14. The Current Ratio was at its lowest in in the June 2022 quarter at 1.20.

Quarterly (TTM)
Annual

Average

1.51

Median

1.45

Minimum

1.23

Maximum

1.95

Jiangsu Rainbow Heavy Industries Co., Ltd. (002483.SZ) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Jiangsu Rainbow Heavy Industries 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 = 23.30%

Maximum Annual Current Ratio = 1.95

Minimum Annual Increase = -21.44%

Minimum Annual Current Ratio = 1.23

Quarterly (TTM)
Annual
YearCurrent RatioChange
20251.43-2.26%
20241.4715.17%
20231.273.34%
20221.23-10.99%
20211.396.96%
20201.30-14.15%
20191.51-21.44%
20181.92-1.74%
20171.9523.30%
20161.59-8.65%

Jiangsu Rainbow Heavy Industries Co., Ltd. (002483.SZ) Average Current Ratio

How has 002483.SZ Current Ratio performed in the past?

The current Current Ratio of Jiangsu Rainbow Heavy Industries Co., Ltd. (002483.SZ) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

1.39

5-year avg

1.36

10-year avg

1.51

Jiangsu Rainbow Heavy Industries Co., Ltd. (002483.SZ) Current Ratio vs. Peers

How is 002483.SZ’s Current Ratio compared to its peers?

Jiangsu Rainbow Heavy Industries Co., Ltd.’s Current Ratio is greater than Canny Elevator Co., Ltd. (1.44), less than Guangdong Lingxiao Pump Industry Co.,Ltd. (13.09), less than Shanghai Bloom Technology, Inc. (1.47), greater than Guangzhou Baiyun Electric Equipment Co., Ltd. (1.20), less than COFCO Technology & Industry Co., Ltd. (1.81), less than Xuzhou Handler Special Vehicle Co., Ltd (1.77), less than Damon Technology Group Co.,Ltd. (1.56), less than Zhongnanhong Culture Group Co. Ltd. Class A (4.76), less than JDM JingDaMachine (Ningbo) Co.Ltd (1.82), less than Jiangsu Yawei Machine Tool Co., Ltd. (1.58),

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