002516.SZ
Price:
$6.42
Market Cap:
$9.44B
Kuangda Technology Group Co., Ltd. engages in the research, development, production, and sale of automotive interior fabrics and seat covers in China. The company offers woven, weft knitted, and warp knitted fabrics; chemical fibers; auto seat covers; and auto seat cushions. It is also involved in the investment, construction, and operation of solar photovoltaic power generation stations in various regions, including Xinjiang, Tonghai, Yunnan, Yulin, Shaanxi, Heze, Shandong, and Xuanhua, Hebei. The company was formerly known as Jiangsu Kuangda Automobile Textile Group Co., Ltd. and changed its name to Kuangda Technology Group Co., Ltd. in August 2015. Kuangda Technology Group Co., Ltd. was f...[Read more]
Industry
Auto - Parts
IPO Date
2010-12-07
Stock Exchange
SHZ
Ticker
002516.SZ
According to Kuangda Technology Group Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 3.46. This represents a change of 0.90% compared to the average of 3.43 of the last 4 quarters.
The mean historical Current Ratio of Kuangda Technology Group Co., Ltd. over the last ten years is 3.29. The current 3.46 Current Ratio has changed 10.44% with respect to the historical average. Over the past ten years (40 quarters), 002516.SZ's Current Ratio was at its highest in in the March 2020 quarter at 5.84. The Current Ratio was at its lowest in in the June 2016 quarter at 0.77.
Average
3.29
Median
3.61
Minimum
0.78
Maximum
4.58
Discovering the peaks and valleys of Kuangda Technology 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 = 196.18%
Maximum Annual Current Ratio = 4.58
Minimum Annual Increase = -32.30%
Minimum Annual Current Ratio = 0.78
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 3.27 | -4.04% |
| 2023 | 3.41 | -13.14% |
| 2022 | 3.92 | 6.52% |
| 2021 | 3.68 | -9.26% |
| 2020 | 4.06 | -8.41% |
| 2019 | 4.43 | -3.31% |
| 2018 | 4.58 | 29.33% |
| 2017 | 3.54 | 196.18% |
| 2016 | 1.20 | 54.06% |
| 2015 | 0.78 | -32.30% |
The current Current Ratio of Kuangda Technology Group Co., Ltd. (002516.SZ) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages
3-year avg
3.53
5-year avg
3.67
10-year avg
3.29
Kuangda Technology Group Co., Ltd.’s Current Ratio is greater than Landai Technology Group Corp., Ltd. (1.31), greater than Zhejiang Shibao Company Limited (1.62), greater than Shanghai Yanpu Metal Products Co.,Ltd (2.16), greater than Jiangnan Mould & Plastic Technology Co., Ltd. (1.11), greater than Zhejiang Songyuan Automotive Safety Systems Co.,Ltd. (1.32), greater than FAWER Automotive Parts Limited Company (1.28), greater than Zhuhai Enpower Electric Co.,Ltd. (1.33), greater than Jiangsu Pacific Precision Forging Co., Ltd. (1.40), greater than Ningbo KBE Electrical Technology Co.,Ltd. (1.18), greater than Cangzhou Mingzhu Plastic Co., Ltd. (1.46),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.31 | $7.50B | |
| 1.62 | $9.65B | |
| 2.16 | $7.87B | |
| 1.11 | $9.32B | |
| 1.32 | $8.01B | |
| 1.28 | $9.38B | |
| 1.33 | $6.25B | |
| 1.40 | $7.39B | |
| 1.18 | $9.26B | |
| 1.46 | $7.91B |
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