002708.SZ
Price:
$12.47
Market Cap:
$6.95B
Changzhou Nrb Corporation engages in the research, development, manufacture, and sale of auto precision bearing products in China and internationally. The company's primary products include needle roller bearings, roller bearings, clutch release bearings, and hub bearings. It also provides hydraulic clutch release, robot, single and double row cylindrical roller, push and pull type clutch release, deep groove ball, joint, and four-point contact ball bearings, as well as synchronizer intermediate ring and large size industrial bearings. It provides its products primarily for application to assemblies, such as automotive transmissions, clutches, heavy truck axles, and hubs. The company was for...[Read more]
Industry
Auto - Parts
IPO Date
2014-01-21
Stock Exchange
SHZ
Ticker
002708.SZ
According to Changzhou Nrb Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 1.23. This represents a change of -0.24% compared to the average of 1.23 of the last 4 quarters.
The mean historical Current Ratio of Changzhou Nrb Corporation over the last ten years is 1.63. The current 1.23 Current Ratio has changed 7.47% with respect to the historical average. Over the past ten years (40 quarters), 002708.SZ's Current Ratio was at its highest in in the December 2015 quarter at 4.25. The Current Ratio was at its lowest in in the March 2023 quarter at 0.88.
Average
1.63
Median
1.39
Minimum
0.89
Maximum
4.25
Discovering the peaks and valleys of Changzhou Nrb Corporation 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 = 35.69%
Maximum Annual Current Ratio = 4.25
Minimum Annual Increase = -61.88%
Minimum Annual Current Ratio = 0.89
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.27 | 5.18% |
| 2023 | 1.20 | 35.69% |
| 2022 | 0.89 | -23.80% |
| 2021 | 1.16 | -5.53% |
| 2020 | 1.23 | -24.31% |
| 2019 | 1.63 | 7.73% |
| 2018 | 1.51 | -0.34% |
| 2017 | 1.52 | -6.45% |
| 2016 | 1.62 | -61.88% |
| 2015 | 4.25 | 11.56% |
The current Current Ratio of Changzhou Nrb Corporation (002708.SZ) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
1.12
5-year avg
1.15
10-year avg
1.63
Changzhou Nrb Corporation’s Current Ratio is less than Hang Zhou Radical Energy-Saving Technology Co., Ltd. (2.30), less than GSP Automotive Group Wenzhou Co.,Ltd. (1.49), less than Shenzhen Changhong Technology Co., Ltd. (2.97), less than Jiangsu Olive Sensors High-Tech Co., Ltd. (2.08), less than Dongfeng Electronic Technology Co.,Ltd. (1.57), greater than Shanghai Baolong Automotive Corporation (1.20), less than Shentong Technology Group Co., Ltd (2.54), greater than Guizhou Tyre Co.,Ltd. (1.15), less than Jiangsu Pacific Precision Forging Co., Ltd. (1.40), less than Sichuan Chuanhuan Technology Co.,Ltd. (4.01),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.30 | $6.72B | |
| 1.49 | $6.97B | |
| 2.97 | $7.16B | |
| 2.08 | $7.33B | |
| 1.57 | $6.55B | |
| 1.20 | $7.76B | |
| 2.54 | $6.19B | |
| 1.15 | $7.91B | |
| 1.40 | $7.52B | |
| 4.01 | $7.96B |
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