1568.TW
Price:
$21.6
Market Cap:
$2.23B
Tsang Yow Industrial Co.,Ltd. manufactures and supplies transmission system components and assemblies worldwide. It offers automatic and manual transmission, off highway machinery, torque converter, and viscous coupling parts; clutch parts for heavy-duty trucks; and gear boxes. The company was founded in 1985 and is based in Chiayi, Taiwan.
Industry
Auto - Parts
IPO Date
2007-12-31
Stock Exchange
TAI
Ticker
1568.TW
According to Tsang Yow Industrial Co.,Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 2.75. This represents a change of 1.04% compared to the average of 2.72 of the last 4 quarters.
The mean historical Current Ratio of Tsang Yow Industrial Co.,Ltd. over the last ten years is 1.97. The current 2.75 Current Ratio has changed 13.82% with respect to the historical average. Over the past ten years (40 quarters), 1568.TW's Current Ratio was at its highest in in the September 2024 quarter at 3.15. The Current Ratio was at its lowest in in the June 2018 quarter at 1.21.
Average
1.97
Median
1.78
Minimum
1.52
Maximum
2.79
Discovering the peaks and valleys of Tsang Yow Industrial 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 = 72.27%
Maximum Annual Current Ratio = 2.79
Minimum Annual Increase = -30.20%
Minimum Annual Current Ratio = 1.52
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 2.79 | 0.23% |
| 2023 | 2.78 | 46.13% |
| 2022 | 1.90 | 6.21% |
| 2021 | 1.79 | 10.63% |
| 2020 | 1.62 | -7.50% |
| 2019 | 1.75 | -0.77% |
| 2018 | 1.76 | 16.25% |
| 2017 | 1.52 | -3.37% |
| 2016 | 1.57 | -30.20% |
| 2015 | 2.25 | 72.27% |
The current Current Ratio of Tsang Yow Industrial Co.,Ltd. (1568.TW) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
2.49
5-year avg
2.18
10-year avg
1.97
Tsang Yow Industrial Co.,Ltd.’s Current Ratio is less than Shih-Kuen Plastics Co., Ltd. (3.25), less than Fine Blanking & Tool Co., Ltd (4.73), greater than Shining Victory Motor Electronic Co., Ltd. (1.69), less than Young Shine Electric Co., Ltd. (2.78), greater than Cubtek Inc. (2.55), greater than Luhai Holding Corp. (2.60), greater than World Known MFG (Cayman) Limited (2.09), greater than Ta Yih Industrial Co., Ltd. (1.97), greater than Shihlin Development Company Limited (1.48), greater than Family International Gourmet Co. Ltd. (1.71),
| Company | Current Ratio | Market cap |
|---|---|---|
| 3.25 | $2.33B | |
| 4.73 | $2.18B | |
| 1.69 | $2.09B | |
| 2.78 | $2.26B | |
| 2.55 | $2.02B | |
| 2.60 | $2.61B | |
| 2.09 | $1.79B | |
| 1.97 | $1.85B | |
| 1.48 | $2.40B | |
| 1.71 | $2.48B |
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