Fujian Newchoice Pipe Technology Co., Ltd.

Fujian Newchoice Pipe Technology Co., Ltd.verified

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

The Current Ratio as of December 2025 (TTM) for Fujian Newchoice Pipe Technology Co., Ltd. (300198.SZ) is 0.61

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.

Fujian Newchoice Pipe Technology Co., Ltd. (300198.SZ) Historical Current Ratio (quarterly & annually)

How has 300198.SZ Current Ratio performed in the past?

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.

Quarterly (TTM)
Annual

Average

1.06

Median

0.72

Minimum

0.58

Maximum

2.35

Fujian Newchoice Pipe Technology Co., Ltd. (300198.SZ) Current Ratio by Quarter and Year

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

Quarterly (TTM)
Annual
YearCurrent RatioChange
20240.661.80%
20230.6411.92%
20220.58-18.57%
20210.71-1.85%
20200.72-1.29%
20190.73-25.10%
20180.97-41.06%
20171.65-29.66%
20162.3546.01%
20151.61-22.58%

Fujian Newchoice Pipe Technology Co., Ltd. (300198.SZ) Average Current Ratio

How has 300198.SZ Current Ratio performed in the past?

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. (300198.SZ) Current Ratio vs. Peers

How is 300198.SZ’s Current Ratio compared to its peers?

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),

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