2609.TW
Price:
$52.7
Market Cap:
$184.03B
Yang Ming Marine Transport Corporation, together with its subsidiaries, provides shipping, repair, and chartering services in Taiwan, the United States, Europe, Asia, and internationally. It also purchases and sells ships, containers, and chassis. In addition, the company acts as a property, shipping, and forwarding and inland forwarding agent, as well as a shipping manager. Further, it provides warehouse and terminal operations, as well as storage management, information system, insurance, cargo consolidation, container transportation, stevedoring, and logistics services. The company was incorporated in 1972 and is based in Keelung, Taiwan.
Industry
Marine Shipping
IPO Date
2000-01-04
Stock Exchange
TAI
Ticker
2609.TW
According to Yang Ming Marine Transport Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 5.08. This represents a change of -2.01% compared to the average of 5.19 of the last 4 quarters.
The mean historical Current Ratio of Yang Ming Marine Transport Corporation over the last ten years is 2.18. The current 5.08 Current Ratio has changed 23.19% with respect to the historical average. Over the past ten years (40 quarters), 2609.TW's Current Ratio was at its highest in in the March 2025 quarter at 6.22. The Current Ratio was at its lowest in in the June 2020 quarter at 0.51.
Average
2.18
Median
0.82
Minimum
0.58
Maximum
5.98
Discovering the peaks and valleys of Yang Ming Marine Transport 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 = 299.54%
Maximum Annual Current Ratio = 5.98
Minimum Annual Increase = -30.65%
Minimum Annual Current Ratio = 0.58
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 5.98 | 43.84% |
| 2023 | 4.15 | -6.84% |
| 2022 | 4.46 | 44.14% |
| 2021 | 3.09 | 299.54% |
| 2020 | 0.77 | 32.40% |
| 2019 | 0.58 | -19.82% |
| 2018 | 0.73 | 20.27% |
| 2017 | 0.61 | 2.03% |
| 2016 | 0.59 | -30.65% |
| 2015 | 0.86 | -22.09% |
The current Current Ratio of Yang Ming Marine Transport Corporation (2609.TW) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
4.86
5-year avg
3.69
10-year avg
2.18
Yang Ming Marine Transport Corporation’s Current Ratio is greater than Wan Hai Lines Ltd. (3.89), greater than EVA Airways Corp. (1.03), greater than TECO Electric & Machinery Co., Ltd. (1.80), greater than AirTAC International Group (2.54), greater than Fortune Electric Co., Ltd. (1.67), greater than Evergreen International Storage & Transport Corporation (2.40), greater than Evergreen Marine Corporation (Taiwan) Ltd. (1.56), greater than United Integrated Services Co., Ltd. (1.25), greater than Taiwan High Speed Rail Corporation (0.91), greater than U-Ming Marine Transport Corporation (1.68),
| Company | Current Ratio | Market cap |
|---|---|---|
| 3.89 | $219.44B | |
| 1.03 | $196.85B | |
| 1.80 | $185.13B | |
| 2.54 | $188.20B | |
| 1.67 | $248.28B | |
| 2.40 | $61.89B | |
| 1.56 | $402.70B | |
| 1.25 | $175.76B | |
| 0.91 | $157.31B | |
| 1.68 | $52.06B |
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