002629.SZ
Price:
$7.22
Market Cap:
$3.08B
Zhejiang Renzhi Co., Ltd. provides professional services in the oil and gas drilling and engineering fields primarily in China. The company is involved in the development, production, and sale of oilfield chemicals; and development, production, sale, and import and export trade of new materials. It also offers oil and gas field technical services, including drilling fluid technical services; anti-corrosion engineering technical services; oil and gas field special equipment testing and maintenance services. Zhejiang Renzhi Co., Ltd. was founded in 2006 and is based in Wenzhou, China.
Industry
Oil & Gas Equipment & Services
IPO Date
2011-11-03
Stock Exchange
SHZ
Ticker
002629.SZ
According to Zhejiang Renzhi Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.05. This represents a change of -3.27% compared to the average of 1.08 of the last 4 quarters.
The mean historical Current Ratio of Zhejiang Renzhi Co., Ltd. over the last ten years is 2.07. The current 1.05 Current Ratio has changed 4.94% with respect to the historical average. Over the past ten years (40 quarters), 002629.SZ's Current Ratio was at its highest in in the September 2016 quarter at 8.77. The Current Ratio was at its lowest in in the September 2019 quarter at 0.43.
Average
2.07
Median
1.06
Minimum
0.49
Maximum
6.54
Discovering the peaks and valleys of Zhejiang Renzhi 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 = 77.55%
Maximum Annual Current Ratio = 6.54
Minimum Annual Increase = -90.02%
Minimum Annual Current Ratio = 0.49
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.10 | -4.71% |
| 2023 | 1.16 | 13.29% |
| 2022 | 1.02 | 72.49% |
| 2021 | 0.59 | -8.24% |
| 2020 | 0.64 | 6.60% |
| 2019 | 0.60 | 23.52% |
| 2018 | 0.49 | -90.02% |
| 2017 | 4.91 | -25.00% |
| 2016 | 6.54 | 77.55% |
| 2015 | 3.68 | 20.18% |
The current Current Ratio of Zhejiang Renzhi Co., Ltd. (002629.SZ) is less than than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
1.09
5-year avg
0.90
10-year avg
2.07
Zhejiang Renzhi Co., Ltd.’s Current Ratio is less than Dezhou United Petroleum Technology Co.,Ltd. (3.35), less than Lanpec Technologies Limited (1.47), less than BOMESC Offshore Engineering Company Limited (2.49), less than Zhuhai Winbase International Chemical Tank Terminal Co.,Ltd (3.44), greater than Ningbo Bohui Chemical Technology Co.,Ltd (0.80), less than Clenergy Technology Co., Ltd. (2.05), greater than Shuifa Energas Gas Co., Ltd. (0.79), less than SINOPEC Shandong Taishan Pectroleum CO.,LTD. (1.74), greater than Shandong Shengli Co., Ltd. (0.72), less than Sichuan Shengda Forestry Industry Co., Ltd (1.06),
| Company | Current Ratio | Market cap |
|---|---|---|
| 3.35 | $3.13B | |
| 1.47 | $3.11B | |
| 2.49 | $3.80B | |
| 3.44 | $3.20B | |
| 0.80 | $3.45B | |
| 2.05 | $3.75B | |
| 0.79 | $2.94B | |
| 1.74 | $3.07B | |
| 0.72 | $3.97B | |
| 1.06 | $2.84B |
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