300198.SZ
Price:
$2.52
Market Cap:
$2.60B
Fujian Newchoice Pipe Technology Co., Ltd. engages in the research, development, production, sales of pipes in the field of water supply and drainage. Its products include steel skeleton polyethylene, high density polyethylene, green safety PE solid wall tube, and continuous winding fiberglass reinforced tube. The company was founded on June 11, 2003 and is headquartered in Quanzhou, China.
Industry
Construction
IPO Date
2011-04-07
Stock Exchange
SHZ
Ticker
300198.SZ
According to Fujian Newchoice Pipe Technology Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 0.61. This represents a change of -3.71% compared to the average of 0.64 of the last 4 quarters.
The mean historical Current Ratio of Fujian Newchoice Pipe Technology Co., Ltd. over the last ten years is 1.06. The current 0.61 Current Ratio has changed 5.69% with respect to the historical average. Over the past ten years (40 quarters), 300198.SZ's Current Ratio was at its highest in in the March 2017 quarter at 2.47. The Current Ratio was at its lowest in in the January 2023 quarter at 0.58.
Average
1.06
Median
0.72
Minimum
0.58
Maximum
2.35
Discovering the peaks and valleys of Fujian Newchoice Pipe Technology 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 = 46.01%
Maximum Annual Current Ratio = 2.35
Minimum Annual Increase = -41.06%
Minimum Annual Current Ratio = 0.58
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.66 | 1.80% |
| 2023 | 0.64 | 11.92% |
| 2022 | 0.58 | -18.57% |
| 2021 | 0.71 | -1.85% |
| 2020 | 0.72 | -1.29% |
| 2019 | 0.73 | -25.10% |
| 2018 | 0.97 | -41.06% |
| 2017 | 1.65 | -29.66% |
| 2016 | 2.35 | 46.01% |
| 2015 | 1.61 | -22.58% |
The current Current Ratio of Fujian Newchoice Pipe Technology Co., Ltd. (300198.SZ) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
0.62
5-year avg
0.66
10-year avg
1.06
Fujian Newchoice Pipe Technology Co., Ltd.’s Current Ratio is less than DO & SHUIHUA Group Co., Ltd. Class A (1.03), less than Ningbo Xianfeng New Material Co.,Ltd (9.58), less than Zhejiang Lianxiang Smart Home Co., Ltd. (3.01), greater than XinJiang GuoTong Pipeline CO.,Ltd (0.47), less than Harbin Air Conditioning Co.,Ltd. (1.10), less than Wuhan Tianyu Information Industry Co., Ltd. (1.32), less than Yorhe Fluid Intelligent Control Co., Ltd. (0.74), less than Tangshan Jidong Equipment and Engineering Co.,Ltd. (1.06), less than Guangdong Xiongsu Technology Group Co., Ltd (4.77), less than Guizhou Transportation Planning Survey&Design Academe Co.,Ltd. (1.66),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.03 | $2.27B | |
| 9.58 | $1.96B | |
| 3.01 | $1.97B | |
| 0.47 | $2.53B | |
| 1.10 | $2.27B | |
| 1.32 | $1.60B | |
| 0.74 | $2.88B | |
| 1.06 | $2.27B | |
| 4.77 | $2.59B | |
| 1.66 | $2.42B |
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