002606.SZ
Price:
$9.04
Market Cap:
$3.93B
Dalian Insulator Group Co.,Ltd, together with its subsidiaries, engages in the research and development, production, and sale of UHV porcelain and composite insulators, insulator sleeves, and station post fittings in China. The company offers long rod suspension composite, disc suspension porcelain, ground wire, composite post and hollow, and ceramic hollow and post insulators. It also exports its products to approximately 40 countries. The company was founded in 1915 and is based in Dalian, the People's Republic of China.
Industry
Electrical Equipment & Parts
IPO Date
2011-08-05
Stock Exchange
SHZ
Ticker
002606.SZ
According to Dalian Insulator Group Co., Ltd’s latest financial reports and current stock price. The company's current Current Ratio is 1.80. This represents a change of -8.75% compared to the average of 1.97 of the last 4 quarters.
The mean historical Current Ratio of Dalian Insulator Group Co., Ltd over the last ten years is 2.61. The current 1.80 Current Ratio has changed 6.79% with respect to the historical average. Over the past ten years (40 quarters), 002606.SZ's Current Ratio was at its highest in in the March 2023 quarter at 5.14. The Current Ratio was at its lowest in in the December 2015 quarter at 1.78.
Average
2.61
Median
2.32
Minimum
1.78
Maximum
4.26
Discovering the peaks and valleys of Dalian Insulator 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 = 62.11%
Maximum Annual Current Ratio = 4.26
Minimum Annual Increase = -28.65%
Minimum Annual Current Ratio = 1.78
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 2.24 | -28.65% |
| 2023 | 3.13 | -11.05% |
| 2022 | 3.52 | -17.23% |
| 2021 | 4.26 | 62.11% |
| 2020 | 2.62 | 8.75% |
| 2019 | 2.41 | 9.26% |
| 2018 | 2.21 | 16.65% |
| 2017 | 1.89 | -8.12% |
| 2016 | 2.06 | 15.69% |
| 2015 | 1.78 | 11.61% |
The current Current Ratio of Dalian Insulator Group Co., Ltd (002606.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
2.96
5-year avg
3.15
10-year avg
2.61
Dalian Insulator Group Co., Ltd’s Current Ratio is greater than Shanghai Welltech Automation Co.,Ltd. (1.11), greater than Beijing Creative Distribution Automation Co., Ltd. (1.60), greater than Risuntek Inc. (1.57), greater than Sunfly Intelligent Technology Co., Ltd. (1.23), greater than Tianli Lithium Energy Group Co., Ltd. (1.25), greater than Sanyou Corporation Limited (1.43), greater than Yuan Cheng Cable Co.,Ltd. (1.32), less than Dongguan Kingsun Optoelectronic Co.,Ltd. (7.72), less than Beijing AriTime Intelligent Control Co., Ltd. (1.82), less than Infund Holding Co., Ltd. (2.77),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.11 | $3.05B | |
| 1.60 | $4.36B | |
| 1.57 | $4.19B | |
| 1.23 | $3.90B | |
| 1.25 | $3.76B | |
| 1.43 | $4.26B | |
| 1.32 | $3.75B | |
| 7.72 | $4.53B | |
| 1.82 | $3.76B | |
| 2.77 | $4.07B |
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 Dalian Insulator Group 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 Dalian Insulator Group 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 Dalian Insulator Group Co., Ltd's Current Ratio?
How is the Current Ratio calculated for Dalian Insulator Group Co., Ltd (002606.SZ)?
What is the highest Current Ratio for Dalian Insulator Group Co., Ltd (002606.SZ)?
What is the 3-year average Current Ratio for Dalian Insulator Group Co., Ltd (002606.SZ)?
What is the 5-year average Current Ratio for Dalian Insulator Group Co., Ltd (002606.SZ)?
How does the current Current Ratio for Dalian Insulator Group Co., Ltd (002606.SZ) compare to its historical average?