002851.SZ
Price:
$79.37
Market Cap:
$43.31B
Shenzhen Megmeet Electrical Co., LTD engages in the research and development, production, sales, and services of hardware, software, and system solutions for electrical automation in China. The company offers industrial power supply products, including 5G communication and medical power supply; and industrial automation process for use in machinery manufacturing, electric power, construction, and transportation fields. It also provides smart home appliances consisting of display power supply, smart sanitary ware, flat panel and commercial display, and inverter household appliances; new energy vehicles and charging piles; and rail transit products. The company's products are used in commercia...[Read more]
Industry
Industrial - Machinery
IPO Date
2017-03-07
Stock Exchange
SHZ
Ticker
002851.SZ
According to Shenzhen Megmeet Electrical Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.42. This represents a change of 3.50% compared to the average of 1.38 of the last 4 quarters.
The mean historical Current Ratio of Shenzhen Megmeet Electrical Co., Ltd. over the last ten years is 1.68. The current 1.42 Current Ratio has changed 8.40% with respect to the historical average. Over the past ten years (40 quarters), 002851.SZ's Current Ratio was at its highest in in the March 2017 quarter at 2.71. The Current Ratio was at its lowest in in the March 2016 quarter at 0.
Average
1.68
Median
1.68
Minimum
1.35
Maximum
2.15
Discovering the peaks and valleys of Shenzhen Megmeet 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 = 26.35%
Maximum Annual Current Ratio = 2.15
Minimum Annual Increase = -17.88%
Minimum Annual Current Ratio = 1.35
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.35 | -7.92% |
| 2023 | 1.47 | -13.89% |
| 2022 | 1.71 | 11.59% |
| 2021 | 1.53 | -17.88% |
| 2020 | 1.86 | 18.71% |
| 2019 | 1.57 | -11.51% |
| 2018 | 1.77 | -17.55% |
| 2017 | 2.15 | 26.35% |
| 2016 | 1.70 | 2.50% |
| 2015 | 1.66 | -6.44% |
The current Current Ratio of Shenzhen Megmeet Electrical Co., Ltd. (002851.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
1.51
5-year avg
1.58
10-year avg
1.68
Shenzhen Megmeet Electrical Co., Ltd.’s Current Ratio is less than Han's Laser Technology Industry Group Co., Ltd. (1.72), less than Beijing Roborock Technology Co., Ltd. (2.76), less than Neway Valve (Suzhou) Co., Ltd. (1.46), less than Shanghai BOCHU Electronic Technology Corporation Limited. (18.10), less than China Shipbuilding Industry Group Power Co., Ltd. (1.69), less than Leo Group Co., Ltd. (2.41), greater than Ming Yang Smart Energy Group Limited (1.17), less than Anhui Great Wall Military Industry Co., Ltd. (1.49), less than Hainan Jinpan Smart Technology Co., Ltd. (1.75), greater than CITIC Heavy Industries Co., Ltd. (1.37),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.72 | $38.07B | |
| 2.76 | $39.55B | |
| 1.46 | $37.59B | |
| 18.10 | $38.63B | |
| 1.69 | $45.61B | |
| 2.41 | $33.93B | |
| 1.17 | $30.57B | |
| 1.49 | $34.41B | |
| 1.75 | $38.91B | |
| 1.37 | $30.50B |
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