002521.SZ
Price:
$8.61
Market Cap:
$4.82B
Qifeng New Material Co., Ltd. manufactures and sells decorative base papers, overlay papers, non-woven wall base papers, and flicker overlay papers in China. It also exports its products to approximately 30 countries and regions. The company was formerly known as Shandong Qifeng Special Paper Co., Ltd. and changed its name to Qifeng New Material Co., Ltd. in September 2013. Qifeng New Material Co., Ltd. was founded in 1976 and is based in Zibo, China.
Industry
Paper, Lumber & Forest Products
IPO Date
2010-12-10
Stock Exchange
SHZ
Ticker
002521.SZ
According to Qifeng New Material Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 2.20. This represents a change of 1.96% compared to the average of 2.16 of the last 4 quarters.
The mean historical Current Ratio of Qifeng New Material Co., Ltd. over the last ten years is 2.83. The current 2.20 Current Ratio has changed 7.69% with respect to the historical average. Over the past ten years (40 quarters), 002521.SZ's Current Ratio was at its highest in in the December 2015 quarter at 3.71. The Current Ratio was at its lowest in in the September 2024 quarter at 2.02.
Average
2.83
Median
2.73
Minimum
2.11
Maximum
3.71
Discovering the peaks and valleys of Qifeng New Material 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 = 19.08%
Maximum Annual Current Ratio = 3.71
Minimum Annual Increase = -23.24%
Minimum Annual Current Ratio = 2.11
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 2.11 | -4.26% |
| 2023 | 2.21 | -13.84% |
| 2022 | 2.56 | 6.01% |
| 2021 | 2.41 | -9.91% |
| 2020 | 2.68 | -23.24% |
| 2019 | 3.49 | 19.08% |
| 2018 | 2.93 | 5.70% |
| 2017 | 2.77 | -18.72% |
| 2016 | 3.41 | -7.88% |
| 2015 | 3.71 | 5.82% |
The current Current Ratio of Qifeng New Material Co., Ltd. (002521.SZ) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
2.29
5-year avg
2.39
10-year avg
2.83
Qifeng New Material Co., Ltd.’s Current Ratio is less than Hangzhou Huawang New Material Technology Co.,Ltd. (2.65), greater than Cre8 Direct (NingBo) Co., Ltd. (1.92), less than Zhejiang Great Shengda Packaging Co.,Ltd. (3.09), greater than Wuzhou Special Paper Group Co., Ltd. (0.59), less than Dare Power Dekor Home Co.,Ltd. (2.59), greater than Jilin Quanyangquan Co., Ltd. Class A (1.22), greater than Shandong Chenming Paper Holdings Limited (0.21), less than Xinyaqiang Silicon Chemistry Co.,Ltd (18.17), greater than Guangdong Sanhe Pile Co., Ltd. (1.28), greater than Yibin Paper Industry Co., Ltd. (1.03),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.65 | $4.31B | |
| 1.92 | $4.18B | |
| 3.09 | $4.84B | |
| 0.59 | $5.50B | |
| 2.59 | $4.01B | |
| 1.22 | $5.03B | |
| 0.21 | $4.34B | |
| 18.17 | $5.65B | |
| 1.28 | $4.46B | |
| 1.03 | $3.76B |
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