002890.SZ
Price:
$15.07
Market Cap:
$2.56B
Shandong Hongyu Agricultural Machinery Co., Ltd. engages in the research and development, manufacture, sale, service, and integration of agricultural machinery parts and components in China. The company offers downforce type with separated control value products; no-feedback type with simple control value products; separated oil type and common oil type position and draft controls; common oil type composite controls; and distributors and cylinders. It also sells its products in approximately 30 countries and regions internationally. The company is based in Laizhou, China.
Industry
Agricultural - Machinery
IPO Date
2017-08-03
Stock Exchange
SHZ
Ticker
002890.SZ
According to Shandong Hongyu Agricultural Machinery Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 4.09. This represents a change of -1.39% compared to the average of 4.14 of the last 4 quarters.
The mean historical Current Ratio of Shandong Hongyu Agricultural Machinery Co., Ltd. over the last ten years is 3.82. The current 4.09 Current Ratio has changed 10.59% with respect to the historical average. Over the past ten years (40 quarters), 002890.SZ's Current Ratio was at its highest in in the December 2020 quarter at 4.93. The Current Ratio was at its lowest in in the March 2016 quarter at 0.
Average
3.82
Median
4.12
Minimum
1.60
Maximum
4.93
Discovering the peaks and valleys of Shandong Hongyu Agricultural Machinery 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 = 125.94%
Maximum Annual Current Ratio = 4.93
Minimum Annual Increase = -20.23%
Minimum Annual Current Ratio = 1.60
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 4.30 | 9.75% |
| 2023 | 3.92 | 4.20% |
| 2022 | 3.76 | -4.31% |
| 2021 | 3.93 | -20.23% |
| 2020 | 4.93 | 0.56% |
| 2019 | 4.90 | 9.93% |
| 2018 | 4.46 | 0.55% |
| 2017 | 4.44 | 125.94% |
| 2016 | 1.96 | 22.70% |
| 2015 | 1.60 | 60.84% |
The current Current Ratio of Shandong Hongyu Agricultural Machinery Co., Ltd. (002890.SZ) is greater than its 3-year, less than than its 5-year, and greater than its 10-year historical averages
3-year avg
4.00
5-year avg
4.17
10-year avg
3.82
Shandong Hongyu Agricultural Machinery Co., Ltd.’s Current Ratio is greater than Anhui Tuoshan Heavy Industry Co., Ltd. (1.89), greater than Zhe Kuang Heavy Industry Co.,Ltd. (3.13), greater than Jikai Equipment Manufacturing Co., Ltd. (2.64), greater than Willing New Energy Co., Ltd. (0.31), greater than Kehua Holdings Co., Ltd. (1.30), greater than Zhejiang Canaan Technology Limited (1.37), greater than Guangzhou Tech-Long Packaging Machinery Co.,Ltd. (1.16), greater than Wuxi Lihu Corporation Limited. (2.04), greater than Sichuan Dawn Precision Technology Co.,Ltd. (1.30), greater than Zhejiang Meilun Elevator Co., Ltd. (2.22),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.89 | $3.06B | |
| 3.13 | $2.81B | |
| 2.64 | $2.90B | |
| 0.31 | $3.57B | |
| 1.30 | $2.64B | |
| 1.37 | $2.87B | |
| 1.16 | $3.13B | |
| 2.04 | $2.64B | |
| 1.30 | $2.71B | |
| 2.22 | $2.79B |
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