002560.SZ
Price:
$9.41
Market Cap:
$4.93B
Henan Tong-Da Cable Co., Ltd. researches and develops, and produces wires and cables in China. The company offers ground wires, cloth wires, and contact wires for electrified railway; and power, overhead insulated, fireproof, load-bearing, and control cables, as well as DC cables for rail transit. It also home improvement products; steel core aluminum strand and alloy; steel core heat-resistant; expanded diameter; aluminum clad steel strand and core; aluminum alloy stranded and core; carbon fiber composite; and steel core soft aluminum strand wires. It also exports its products to 80 countries. Henan Tong-Da Cable Co., Ltd. was founded in 1987 and is based in Yanshi, China.
Industry
Electrical Equipment & Parts
IPO Date
2011-03-03
Stock Exchange
SHZ
Ticker
002560.SZ
According to Henan Tong-Da Cable Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.84. This represents a change of 3.26% compared to the average of 1.78 of the last 4 quarters.
The mean historical Current Ratio of Henan Tong-Da Cable Co., Ltd. over the last ten years is 1.96. The current 1.84 Current Ratio has changed 9.27% with respect to the historical average. Over the past ten years (40 quarters), 002560.SZ's Current Ratio was at its highest in in the March 2018 quarter at 2.59. The Current Ratio was at its lowest in in the June 2016 quarter at 1.47.
Average
1.96
Median
1.91
Minimum
1.57
Maximum
2.59
Discovering the peaks and valleys of Henan Tong-Da Cable 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 = 44.53%
Maximum Annual Current Ratio = 2.59
Minimum Annual Increase = -34.64%
Minimum Annual Current Ratio = 1.57
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.74 | -18.90% |
| 2023 | 2.15 | 36.94% |
| 2022 | 1.57 | -28.92% |
| 2021 | 2.21 | -14.68% |
| 2020 | 2.59 | 44.53% |
| 2019 | 1.79 | 12.11% |
| 2018 | 1.60 | -25.46% |
| 2017 | 2.14 | 14.24% |
| 2016 | 1.87 | -4.05% |
| 2015 | 1.95 | -34.64% |
The current Current Ratio of Henan Tong-Da Cable Co., Ltd. (002560.SZ) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
1.82
5-year avg
2.05
10-year avg
1.96
Henan Tong-Da Cable Co., Ltd.’s Current Ratio is greater than Fujian Nanping Sun Cable Co., Ltd. (1.15), less than Sinostar Cable Co., Ltd (1.86), less than Zhejiang Yankon Group Co., Ltd. (2.91), greater than Shaanxi Baoguang Vacuum Electric Device Co., Ltd. (1.52), less than Suntront Technology Co., Ltd. (5.05), greater than Changsha DIALINE New Material Sci.&Tech. Co., Ltd. (1.06), less than Nantong Haixing Electronics Co., Ltd. (2.87), greater than Guangdong Shunna Electric Co., Ltd (1.40), greater than Zhejiang Tony Electronic Co., Ltd (0.52), less than Shenzhen Genvict Technologies Co., Ltd. (4.89),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.15 | $7.32B | |
| 1.86 | $3.93B | |
| 2.91 | $4.57B | |
| 1.52 | $3.85B | |
| 5.05 | $4.91B | |
| 1.06 | $4.91B | |
| 2.87 | $4.44B | |
| 1.40 | $5.91B | |
| 0.52 | $3.81B | |
| 4.89 | $4.10B |
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 Henan Tong-Da Cable 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 Henan Tong-Da Cable 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 Henan Tong-Da Cable Co., Ltd.'s Current Ratio?
How is the Current Ratio calculated for Henan Tong-Da Cable Co., Ltd. (002560.SZ)?
What is the highest Current Ratio for Henan Tong-Da Cable Co., Ltd. (002560.SZ)?
What is the 3-year average Current Ratio for Henan Tong-Da Cable Co., Ltd. (002560.SZ)?
What is the 5-year average Current Ratio for Henan Tong-Da Cable Co., Ltd. (002560.SZ)?
How does the current Current Ratio for Henan Tong-Da Cable Co., Ltd. (002560.SZ) compare to its historical average?