002871.SZ
Price:
$15.51
Market Cap:
$3.91B
Qingdao Weflo Valve Co., Ltd. designs, manufactures, and sells valve and fire hydrant products for the fire protection, waterworks, HVAC, and industrial markets worldwide. It offers fire protection, check, gate, pressure and air relief, ball, pressure reducing, plug, flap, plunger, globe, butterfly, balancing, and foot valves, as well as strainers, backflow prevention devices, and rubber expansion joints. The company is based in Qingdao, China.
Industry
Industrial - Machinery
IPO Date
2017-05-11
Stock Exchange
SHZ
Ticker
002871.SZ
According to Qingdao Weflo Valve Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 3.33. This represents a change of -17.30% compared to the average of 4.03 of the last 4 quarters.
The mean historical Current Ratio of Qingdao Weflo Valve Co., Ltd. over the last ten years is 3.29. The current 3.33 Current Ratio has changed 10.02% with respect to the historical average. Over the past ten years (40 quarters), 002871.SZ's Current Ratio was at its highest in in the September 2017 quarter at 5.40. The Current Ratio was at its lowest in in the March 2016 quarter at 0.
Average
3.29
Median
3.13
Minimum
2.25
Maximum
4.46
Discovering the peaks and valleys of Qingdao Weflo Valve 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 = 55.30%
Maximum Annual Current Ratio = 4.46
Minimum Annual Increase = -33.37%
Minimum Annual Current Ratio = 2.25
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 4.06 | 2.50% |
| 2023 | 3.97 | 20.55% |
| 2022 | 3.29 | 30.25% |
| 2021 | 2.53 | -13.04% |
| 2020 | 2.90 | -19.64% |
| 2019 | 3.61 | 21.67% |
| 2018 | 2.97 | -33.37% |
| 2017 | 4.46 | 55.30% |
| 2016 | 2.87 | 27.47% |
| 2015 | 2.25 | 11.00% |
The current Current Ratio of Qingdao Weflo Valve Co., Ltd. (002871.SZ) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages
3-year avg
3.77
5-year avg
3.35
10-year avg
3.29
Qingdao Weflo Valve Co., Ltd.’s Current Ratio is less than Nantong Guosheng Intelligence Technology Group Co., Ltd. (3.37), greater than Lutian Machinery Co., Ltd. (2.70), greater than Sijin Intelligent Forming Machinery Co., Ltd. (3.01), greater than Square Technology Group Co.,Ltd (2.64), less than Zhejiang Chunhui Intelligent Control Co., Ltd. (3.64), greater than Jiangsu Seagull Cooling Tower Co.,Ltd. (1.25), greater than Shanghai Chuangli Group Co., Ltd. (1.60), greater than Nantong Xingqiu Graphite Co.,Ltd. (3.20), greater than Yalian Machinery Co Ltd (1.36), greater than YanTai LongYuan Power Technology Co., Ltd. (2.51),
| Company | Current Ratio | Market cap |
|---|---|---|
| 3.37 | $3.65B | |
| 2.70 | $3.69B | |
| 3.01 | $3.91B | |
| 2.64 | $3.83B | |
| 3.64 | $4.23B | |
| 1.25 | $4.12B | |
| 1.60 | $3.61B | |
| 3.20 | $3.32B | |
| 1.36 | $3.80B | |
| 2.51 | $3.79B |
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