002996.SZ
Price:
$7.24
Market Cap:
$4.85B
Chongqing Shunbo Aluminum Co.,Ltd. engages in the production and sale of recycled aluminum alloy ingots in China. Its products are used in automobiles, new energy vehicles, general machinery and equipment, communication equipment, electronic appliances, hardware lamps, motorcycles, and other industries. The company was founded in 2003 and is based in Chongqing, China.
Industry
Aluminum
IPO Date
2020-08-28
Stock Exchange
SHZ
Ticker
002996.SZ
According to Chongqing Shunbo Aluminum Co.,Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.21. This represents a change of -3.56% compared to the average of 1.26 of the last 4 quarters.
The mean historical Current Ratio of Chongqing Shunbo Aluminum Co.,Ltd. over the last ten years is 1.79. The current 1.21 Current Ratio has changed 6.65% with respect to the historical average. Over the past ten years (40 quarters), 002996.SZ's Current Ratio was at its highest in in the September 2020 quarter at 2.62. The Current Ratio was at its lowest in in the March 2020 quarter at 0.
Average
1.79
Median
1.75
Minimum
1.27
Maximum
2.54
Discovering the peaks and valleys of Chongqing Shunbo Aluminum 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 = 31.21%
Maximum Annual Current Ratio = 2.54
Minimum Annual Increase = -38.22%
Minimum Annual Current Ratio = 1.27
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.27 | -12.62% |
| 2023 | 1.45 | -29.29% |
| 2022 | 2.06 | 31.21% |
| 2021 | 1.57 | -38.22% |
| 2020 | 2.54 | 26.97% |
| 2019 | 2.00 | 2.23% |
| 2018 | 1.95 | 17.55% |
| 2017 | 1.66 | -9.64% |
| 2016 | 1.84 | 14.89% |
| 2015 | 1.60 | 13.16% |
The current Current Ratio of Chongqing Shunbo Aluminum Co.,Ltd. (002996.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
1.59
5-year avg
1.78
10-year avg
1.79
Chongqing Shunbo Aluminum Co.,Ltd.’s Current Ratio is less than Guangdong Hoshion Aluminium Co., Ltd. (1.93), less than Jiangsu Alcha Aluminium Group Co., Ltd. (1.23), less than Shenzhen SunXing Light Alloys Materials Co.,Ltd. (1.29), greater than Optics Technology Holding Co.,Ltd (0.81), less than HG Technologies Co., Ltd. (8.33), greater than Suzhou Chunxing Precision Mechanical Co., Ltd. (0.46), greater than Anhui Huilong Agricultural Means of Production Co.,Ltd. (1.18), less than Zhejiang Dragon Technology Co., Ltd. (9.99), less than Hangzhou Greenda Electronic Materials Co., Ltd. (6.87), less than Shanxi Huhua Group Co., Ltd. (2.17),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.93 | $5.04B | |
| 1.23 | $5.07B | |
| 1.29 | $5.42B | |
| 0.81 | $5.98B | |
| 8.33 | $4.97B | |
| 0.46 | $5.16B | |
| 1.18 | $5.42B | |
| 9.99 | $5.28B | |
| 6.87 | $6.53B | |
| 2.17 | $6.00B |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Chongqing Shunbo Aluminum Co.,Ltd. using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Chongqing Shunbo Aluminum Co.,Ltd. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is Chongqing Shunbo Aluminum Co.,Ltd.'s Current Ratio?
How is the Current Ratio calculated for Chongqing Shunbo Aluminum Co.,Ltd. (002996.SZ)?
What is the highest Current Ratio for Chongqing Shunbo Aluminum Co.,Ltd. (002996.SZ)?
What is the 3-year average Current Ratio for Chongqing Shunbo Aluminum Co.,Ltd. (002996.SZ)?
What is the 5-year average Current Ratio for Chongqing Shunbo Aluminum Co.,Ltd. (002996.SZ)?
How does the current Current Ratio for Chongqing Shunbo Aluminum Co.,Ltd. (002996.SZ) compare to its historical average?