002706.SZ
Price:
$8.77
Market Cap:
$9.51B
Shanghai Liangxin Electrical Co., Ltd. researches, develops, and produces low-voltage electrical apparatus in China. The company offers automatic transfer switching equipment, industrial control products, and isolating switches, as well as molded case, miniature, and hydraulic electromagnetic circuit breakers. Its products are used in PV power generation, power transmission and distribution, wind power generation, electric power supply, rail transportation, port dock, telecom and charging facilities, industrial and commercial buildings, data centers, public buildings, civil residences, automobile manufacturing, welding equipment, and elevator conveying. The company was founded in 1999 and is...[Read more]
Industry
Electrical Equipment & Parts
IPO Date
2014-01-21
Stock Exchange
SHZ
Ticker
002706.SZ
According to Shanghai Liangxin Electrical Co.,LTD.’s latest financial reports and current stock price. The company's current Current Ratio is 1.97. This represents a change of -0.45% compared to the average of 1.98 of the last 4 quarters.
The mean historical Current Ratio of Shanghai Liangxin Electrical Co.,LTD. over the last ten years is 2.51. The current 1.97 Current Ratio has changed 7.75% with respect to the historical average. Over the past ten years (40 quarters), 002706.SZ's Current Ratio was at its highest in in the December 2017 quarter at 4.07. The Current Ratio was at its lowest in in the December 2021 quarter at 1.36.
Average
2.51
Median
2.25
Minimum
1.36
Maximum
4.07
Discovering the peaks and valleys of Shanghai Liangxin Electrical 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 = 53.08%
Maximum Annual Current Ratio = 4.07
Minimum Annual Increase = -34.05%
Minimum Annual Current Ratio = 1.36
Year | Current Ratio | Change |
---|---|---|
2024 | 1.88 | -6.49% |
2023 | 2.01 | -3.53% |
2022 | 2.08 | 53.08% |
2021 | 1.36 | -14.41% |
2020 | 1.59 | -34.05% |
2019 | 2.41 | -26.17% |
2018 | 3.26 | -19.83% |
2017 | 4.07 | 4.75% |
2016 | 3.89 | 50.76% |
2015 | 2.58 | -24.23% |
The current Current Ratio of Shanghai Liangxin Electrical Co.,LTD. (002706.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
1.99
5-year avg
1.78
10-year avg
2.51
Shanghai Liangxin Electrical Co.,LTD.’s Current Ratio is greater than Sieyuan Electric Co., Ltd. (1.83), greater than Guangzhou Tinci Materials Technology Co., Ltd. (1.88), greater than Guangdong Xinbao Electrical Appliances Holdings Co., Ltd (1.26), greater than Xinyangfeng Agricultural Technology Co., Ltd. (1.54), less than Harbin Boshi Automation Co., Ltd. (2.63),
Company | Current Ratio | Market cap |
---|---|---|
1.83 | $57.58B | |
1.88 | $33.50B | |
1.26 | $11.08B | |
1.54 | $17.16B | |
2.63 | $15.57B |
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