2024.TW
Price:
$15.95
Market Cap:
$1.56B
Chih Lien Industrial Co., Ltd. produces and supplies steel wires and steel bars in Taiwan and internationally. The company offers high and low carbon, free cutting, bearing, alloy, spring, and cold heading steel wires; and free cutting, carbon, tool, alloy, spring, and stainless steel bars. It provides its products for use in industrial machinery, precision parts, bicycles, motorcycles, automobiles, tools, household products, electronics, OA machines, springs, furniture, construction, and other industries. Chih Lien Industrial Co., Ltd. was founded in 1973 and is headquartered in Taoyuan City, Taiwan.
Industry
Steel
IPO Date
2000-01-04
Stock Exchange
TAI
Ticker
2024.TW
According to Chih Lien Industrial Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 2.13. This represents a change of 2.84% compared to the average of 2.07 of the last 4 quarters.
The mean historical Current Ratio of Chih Lien Industrial Co., Ltd. over the last ten years is 1.49. The current 2.13 Current Ratio has changed 14.17% with respect to the historical average. Over the past ten years (40 quarters), 2024.TW's Current Ratio was at its highest in in the December 2023 quarter at 2.33. The Current Ratio was at its lowest in in the June 2022 quarter at 1.12.
Average
1.49
Median
1.29
Minimum
1.18
Maximum
2.33
Discovering the peaks and valleys of Chih Lien 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 = 97.45%
Maximum Annual Current Ratio = 2.33
Minimum Annual Increase = -27.47%
Minimum Annual Current Ratio = 1.18
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 2.00 | -14.26% |
| 2023 | 2.33 | 97.45% |
| 2022 | 1.18 | -8.89% |
| 2021 | 1.30 | 3.18% |
| 2020 | 1.26 | 3.06% |
| 2019 | 1.22 | -2.63% |
| 2018 | 1.25 | -12.18% |
| 2017 | 1.43 | -13.49% |
| 2016 | 1.65 | 28.52% |
| 2015 | 1.28 | -27.47% |
The current Current Ratio of Chih Lien Industrial Co., Ltd. (2024.TW) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.84
5-year avg
1.61
10-year avg
1.49
Chih Lien Industrial Co., Ltd.’s Current Ratio is less than Chien Shing Stainless Steel Co., Ltd. (2.21), less than Song Ho Industrial Co., Ltd. (2.61), less than Chia Ta World Co., Ltd. (2.75), less than Sinkang Industries Co., Ltd. (4.19), greater than TMP Steel Corporation (2.07), greater than Ginar Technology Co.,Ltd. (1.91), less than Tachia Yung Ho Machine Industry Co., Ltd. (3.68), greater than Tex Year Industries Inc. (1.43), greater than Chain Chon Industrial Co., Ltd. (1.01), less than AimCore Technology Co., Ltd (4.96),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.21 | $1.65B | |
| 2.61 | $1.23B | |
| 2.75 | $1.27B | |
| 4.19 | $1.86B | |
| 2.07 | $1.86B | |
| 1.91 | $1.57B | |
| 3.68 | $1.20B | |
| 1.43 | $1.64B | |
| 1.01 | $1.85B | |
| 4.96 | $1.66B |
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