2358.TW
Price:
$4.56
Market Cap:
$623.00M
Ting Sin Co.,Ltd manufactures and supplies aluminum alloy billets worldwide. The company offers aluminum ingots, alloy rods, and aluminum plates; deoxidizers for steelmaking; and magnesium nails, as well as aluminum/magnesium alloys. It also provides leather products, such as belts for men and women, as well as leather and canvas materials. The company was formerly known as MAG Technology Co., Ltd. and changed its name to Ting Sin Co.,Ltd in 2014. Ting Sin Co.,Ltd was founded in 1987 and is headquartered in Taichung, Taiwan.
Industry
Aluminum
IPO Date
2000-01-04
Stock Exchange
TAI
Ticker
2358.TW
According to Ting Sin Co.,Ltd’s latest financial reports and current stock price. The company's current Current Ratio is 3.27. This represents a change of 5.16% compared to the average of 3.11 of the last 4 quarters.
The mean historical Current Ratio of Ting Sin Co.,Ltd over the last ten years is 2.52. The current 3.27 Current Ratio has changed 12.90% with respect to the historical average. Over the past ten years (40 quarters), 2358.TW's Current Ratio was at its highest in in the March 2018 quarter at 3.47. The Current Ratio was at its lowest in in the September 2017 quarter at 1.28.
Average
2.52
Median
2.32
Minimum
1.69
Maximum
3.44
Discovering the peaks and valleys of Ting Sin 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 = 52.98%
Maximum Annual Current Ratio = 3.44
Minimum Annual Increase = -32.67%
Minimum Annual Current Ratio = 1.69
| Year | Current Ratio | Change |
|---|---|---|
| 2022 | 3.27 | 52.98% |
| 2021 | 2.14 | 18.27% |
| 2020 | 1.81 | -22.43% |
| 2019 | 2.33 | -29.70% |
| 2018 | 3.31 | 15.58% |
| 2017 | 2.87 | 44.44% |
| 2016 | 1.99 | 17.24% |
| 2015 | 1.69 | -26.82% |
| 2014 | 2.31 | -32.67% |
| 2013 | 3.44 | 17.83% |
The current Current Ratio of Ting Sin Co.,Ltd (2358.TW) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
2.40
5-year avg
2.57
10-year avg
2.52
Ting Sin Co.,Ltd’s Current Ratio is greater than Clevo Co. (1.22), greater than Elitegroup Computer Systems Co.,Ltd. (1.36), greater than Twinhead International Corp. (1.25), less than Silicon Integrated Systems Corp. (3.31), less than Microtek International, Inc. (5.81),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.22 | $23.67B | |
| 1.36 | $13.35B | |
| 1.25 | $2.77B | |
| 3.31 | $25.03B | |
| 5.81 | $2.23B |
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