1611.TW
Price:
$12.25
Market Cap:
$3.95B
China Electric Mfg. Corporation manufactures and sells electrical appliances, lighting products, and related accessories in Taiwan. The company's product portfolio includes office, residential, commercial, outdoor, special lighting products, etc. It also provides green energy products, such as lithium iron phosphate batteries and solar energy products. In addition, the company acts as an agency for quotation, distribution, and tendering businesses. Further, it manufactures and sells glass shells and tubes; and develops and invests in real estate properties. China Electric Mfg. Corporation was incorporated in 1955 and is based in Taipei, Taiwan.
Industry
Furnishings, Fixtures & Appliances
IPO Date
2000-01-04
Stock Exchange
TAI
Ticker
1611.TW
According to China Electric Mfg. Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 2.37. This represents a change of -8.08% compared to the average of 2.58 of the last 4 quarters.
The mean historical Current Ratio of China Electric Mfg. Corporation over the last ten years is 2.32. The current 2.37 Current Ratio has changed 10.11% with respect to the historical average. Over the past ten years (40 quarters), 1611.TW's Current Ratio was at its highest in in the March 2019 quarter at 4.13. The Current Ratio was at its lowest in in the December 2016 quarter at 1.41.
Average
2.32
Median
2.35
Minimum
1.41
Maximum
3.58
Discovering the peaks and valleys of China Electric Mfg. Corporation 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 = 63.49%
Maximum Annual Current Ratio = 3.58
Minimum Annual Increase = -39.84%
Minimum Annual Current Ratio = 1.41
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 2.65 | 4.57% |
| 2023 | 2.53 | 7.28% |
| 2022 | 2.36 | 0.48% |
| 2021 | 2.35 | -3.94% |
| 2020 | 2.44 | 13.54% |
| 2019 | 2.15 | -39.84% |
| 2018 | 3.58 | 55.09% |
| 2017 | 2.31 | 63.49% |
| 2016 | 1.41 | -3.68% |
| 2015 | 1.47 | 58.05% |
The current Current Ratio of China Electric Mfg. Corporation (1611.TW) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages
3-year avg
2.51
5-year avg
2.47
10-year avg
2.32
China Electric Mfg. Corporation’s Current Ratio is greater than Ching Feng Home Fashions Co.,Ltd (1.54), greater than Kura Sushi Asia Co., Ltd. (0.65), less than Tainan Enterprises Co.,Ltd (2.40), greater than Shane Global Holding Inc. (1.26), greater than Richmond International Travel & Tours Co.,Ltd (1.17), greater than Zig Sheng Industrial Co., Ltd. (2.09), less than Ya Horng Electronic Co., Ltd. (2.57), greater than YoungQin International Co., Ltd. (1.43), greater than Lily Textile Co., Ltd. (0.22), less than Reward Wool Industry Corporation (8.82),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.54 | $3.65B | |
| 0.65 | $3.96B | |
| 2.40 | $3.58B | |
| 1.26 | $5.24B | |
| 1.17 | $3.84B | |
| 2.09 | $4.22B | |
| 2.57 | $5.08B | |
| 1.43 | $4.38B | |
| 0.22 | $3.68B | |
| 8.82 | $3.87B |
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