002598.SZ
Price:
$10.51
Market Cap:
$3.28B
Shandong Zhangqiu Blower Co., Ltd manufactures and sells various blowers. Its principal products include root and turbo blowers, centrifugal blowers and fans, slurry and industrial pumps, liquid ring vacuum pumps, and pneumatic conveying systems. The company exports its products to approximately 70 countries, including the European Union and North America. Shandong Zhangqiu Blower Co., Ltd. was formerly known as Shandong Zhangqiu Blower Factory Co., Ltd. The company was founded in 1968 and is based in Jinan, China.
Industry
Industrial - Machinery
IPO Date
2011-07-07
Stock Exchange
SHZ
Ticker
002598.SZ
According to Shandong Zhangqiu Blower Co., Ltd’s latest financial reports and current stock price. The company's current Current Ratio is 1.60. This represents a change of 1.60% compared to the average of 1.58 of the last 4 quarters.
The mean historical Current Ratio of Shandong Zhangqiu Blower Co., Ltd over the last ten years is 2.07. The current 1.60 Current Ratio has changed 7.65% with respect to the historical average. Over the past ten years (40 quarters), 002598.SZ's Current Ratio was at its highest in in the December 2015 quarter at 3.40. The Current Ratio was at its lowest in in the September 2022 quarter at 1.39.
Average
2.07
Median
1.85
Minimum
1.39
Maximum
3.40
Discovering the peaks and valleys of Shandong Zhangqiu Blower 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 = 18.71%
Maximum Annual Current Ratio = 3.40
Minimum Annual Increase = -18.00%
Minimum Annual Current Ratio = 1.39
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.51 | -3.75% |
| 2023 | 1.57 | 12.80% |
| 2022 | 1.39 | -4.44% |
| 2021 | 1.46 | -16.03% |
| 2020 | 1.74 | -11.95% |
| 2019 | 1.97 | -17.87% |
| 2018 | 2.40 | -1.48% |
| 2017 | 2.44 | -12.56% |
| 2016 | 2.79 | -18.00% |
| 2015 | 3.40 | 18.71% |
The current Current Ratio of Shandong Zhangqiu Blower Co., Ltd (002598.SZ) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
1.49
5-year avg
1.53
10-year avg
2.07
Shandong Zhangqiu Blower Co., Ltd’s Current Ratio is less than OK Science and Technology Co., Ltd. (3.00), less than Shenzhen Tongye Technology Co.,Ltd. (2.32), greater than Weihai Huadong Automation Co., Ltd (1.20), less than Hangzhou Hota M&E Holdings Co., Ltd. (6.26), less than Jiangsu Teeyer Intelligent Equipment Co.,Ltd. (2.52), less than Zhejiang Fenglong Electric Co., Ltd. (3.49), less than Shanghai Chuangli Group Co., Ltd. (1.60), less than Zhejiang Taitan Co.,Ltd. (1.89), less than Zhejiang Chunhui Intelligent Control Co., Ltd. (3.64), less than Nantong Xingqiu Graphite Co.,Ltd. (3.20),
| Company | Current Ratio | Market cap |
|---|---|---|
| 3.00 | $3.36B | |
| 2.32 | $3.48B | |
| 1.20 | $3.32B | |
| 6.26 | $3.47B | |
| 2.52 | $3.49B | |
| 3.49 | $4.30B | |
| 1.60 | $3.62B | |
| 1.89 | $3.31B | |
| 3.64 | $4.11B | |
| 3.20 | $3.34B |
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