003036.SZ
Price:
$15.3
Market Cap:
$3.31B
Zhejiang Taitan Co.,Ltd. engages in the research and development, manufacture, and sale of textile machines in China. It offers spinning, weaving, twisting, and dyeing machinery, as well as textile equipment. The company also exports its products internationally. Zhejiang Taitan Co.,Ltd. was founded in 1986 and is based in Xinchang, China.
Industry
Industrial - Machinery
IPO Date
2021-01-28
Stock Exchange
SHZ
Ticker
003036.SZ
According to Zhejiang Taitan Co.,Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.89. This represents a change of -1.98% compared to the average of 1.92 of the last 4 quarters.
The mean historical Current Ratio of Zhejiang Taitan Co.,Ltd. over the last ten years is 1.93. The current 1.89 Current Ratio has changed 9.69% with respect to the historical average. Over the past ten years (40 quarters), 003036.SZ's Current Ratio was at its highest in in the December 2019 quarter at 2.48. The Current Ratio was at its lowest in in the March 2020 quarter at 0.
Average
1.93
Median
1.91
Minimum
1.60
Maximum
2.48
Discovering the peaks and valleys of Zhejiang Taitan 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 = 27.93%
Maximum Annual Current Ratio = 2.48
Minimum Annual Increase = -19.89%
Minimum Annual Current Ratio = 1.60
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.88 | -5.22% |
| 2023 | 1.98 | 7.91% |
| 2022 | 1.84 | -10.74% |
| 2021 | 2.06 | 3.38% |
| 2020 | 1.99 | -19.89% |
| 2019 | 2.48 | 27.93% |
| 2018 | 1.94 | 12.01% |
| 2017 | 1.73 | 8.05% |
| 2016 | 1.60 | -8.70% |
| 2015 | 1.76 | -0.08% |
The current Current Ratio of Zhejiang Taitan Co.,Ltd. (003036.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
1.90
5-year avg
1.95
10-year avg
1.93
Zhejiang Taitan Co.,Ltd.’s Current Ratio is less than Zhejiang Chunhui Intelligent Control Co., Ltd. (3.64), less than Shenzhen Tongye Technology Co.,Ltd. (2.32), greater than Yingkou Jinchen Machinery Co., Ltd. (1.85), less than Qingdao Weflo Valve Co., Ltd. (3.33), less than Nantong Guosheng Intelligence Technology Group Co., Ltd. (3.37), greater than Funeng Oriental Equipment Technology Co., Ltd. (1.32), greater than Jiangsu Seagull Cooling Tower Co.,Ltd. (1.25), less than Lutian Machinery Co., Ltd. (2.70), less than Hangzhou Hota M&E Holdings Co., Ltd. (6.26), greater than Bingshan Refrigeration & Heat Transfer Technologies Co., Ltd. (1.35),
| Company | Current Ratio | Market cap |
|---|---|---|
| 3.64 | $4.11B | |
| 2.32 | $3.48B | |
| 1.85 | $4.41B | |
| 3.33 | $4.05B | |
| 3.37 | $3.60B | |
| 1.32 | $3.87B | |
| 1.25 | $3.82B | |
| 2.70 | $3.63B | |
| 6.26 | $3.47B | |
| 1.35 | $4.51B |
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