002953.SZ
Price:
$11.59
Market Cap:
$5.32B
Guangdong Rifeng Electric Cable Co., Ltd. engages in the research and development, design, manufacture, and sale of rubber-sheathed cables in the People's Republic of China and internationally. The company provides appliances, electromechanics, power tools, lighting technology, welding, control, wind turbine, extension, and special cables, as well as cable reels, power cord assemblies, and house building wires. Its products are used in air conditioning, home appliances, wind power generation, new energy, high-end equipment manufacturing, building machinery, port machinery, petrochemical industry, marine engineering, vehicles and vessels, and robot and power-driven tools. The company was foun...[Read more]
Industry
Technology Distributors
IPO Date
2019-05-09
Stock Exchange
SHZ
Ticker
002953.SZ
According to Guangdong Rifeng Electric Cable Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.76. This represents a change of 1.97% compared to the average of 1.73 of the last 4 quarters.
The mean historical Current Ratio of Guangdong Rifeng Electric Cable Co., Ltd. over the last ten years is 2.02. The current 1.76 Current Ratio has changed 8.62% with respect to the historical average. Over the past ten years (40 quarters), 002953.SZ's Current Ratio was at its highest in in the March 2020 quarter at 4.31. The Current Ratio was at its lowest in in the March 2018 quarter at 0.
Average
2.02
Median
1.77
Minimum
1.30
Maximum
3.45
Discovering the peaks and valleys of Guangdong Rifeng Electric Cable 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 = 96.65%
Maximum Annual Current Ratio = 3.45
Minimum Annual Increase = -21.52%
Minimum Annual Current Ratio = 1.30
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.73 | -3.51% |
| 2023 | 1.79 | -14.17% |
| 2022 | 2.09 | -14.36% |
| 2021 | 2.44 | -9.95% |
| 2020 | 2.71 | -21.52% |
| 2019 | 3.45 | 96.65% |
| 2018 | 1.75 | 20.58% |
| 2017 | 1.46 | 0.13% |
| 2016 | 1.45 | 11.44% |
| 2015 | 1.30 | 16.44% |
The current Current Ratio of Guangdong Rifeng Electric Cable Co., Ltd. (002953.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
1.87
5-year avg
2.15
10-year avg
2.02
Guangdong Rifeng Electric Cable Co., Ltd.’s Current Ratio is less than Shenyu Communication Technology Inc. (2.88), greater than RIAMB (Beijing) Tech Dvlp Co (1.44), less than TES Touch Embedded Solutions (Xiamen) Co., Ltd. (1.97), less than Zhejiang Wellsun Intelligent Technology Co.,Ltd. (2.26), greater than Shenzhen Absen Optoelectronic Co.,Ltd. (1.25), less than Suzhou Etron Technologies Co.,Ltd. (2.10), greater than Yutong Heavy Industries Co.,Ltd. (0), less than Newcapec Electronics Co., Ltd. (3.37), less than Jutze Intelligence Technology Co.,Ltd (7.76), less than Siglent Technologies Co. Ltd. (16.15),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.88 | $6.83B | |
| 1.44 | $5.95B | |
| 1.97 | $5.83B | |
| 2.26 | $5.51B | |
| 1.25 | $5.81B | |
| 2.10 | $5.72B | |
| 0 | $5.89B | |
| 3.37 | $5.98B | |
| 7.76 | $5.62B | |
| 16.15 | $5.64B |
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