Yantai Zhenghai Magnetic Material Co., Ltd.

Yantai Zhenghai Magnetic Material Co., Ltd. - Current Ratioverified

300224.SZ

Price:

$11.44

Market Cap:

$10.65B

Established in 2000, Yantai Zhenghai Magnetic Material Co., Ltd. specializes in the production and distribution of neodymium-iron-boron permanent magnets and various other magnetic components. The firm conducts its operations primarily within the People's Republic of China, with its main offices situated in Yantai.

Industry

Hardware, Equipment & Parts

IPO Date

2011-05-31

Stock Exchange

SHZ

Ticker

300224.SZ

The Current Ratio as of September 2026 (TTM) for Yantai Zhenghai Magnetic Material Co., Ltd. (300224.SZ) is 1.65

According to Yantai Zhenghai Magnetic Material Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.65. This represents a change of -2.82% compared to the average of 1.69 of the last 4 quarters.

Yantai Zhenghai Magnetic Material Co., Ltd. (300224.SZ) Historical Current Ratio (quarterly & annually)

How has 300224.SZ Current Ratio performed in the past?

The mean historical Current Ratio of Yantai Zhenghai Magnetic Material Co., Ltd. over the last ten years is 2.35. The current 1.65 Current Ratio has changed 6.91% with respect to the historical average. Over the past ten years (40 quarters), 300224.SZ's Current Ratio was at its highest in in the June 2017 quarter at 4.31. The Current Ratio was at its lowest in in the September 2022 quarter at 1.37.

Quarterly (TTM)
Annual

Average

2.35

Median

2.11

Minimum

1.68

Maximum

3.76

Yantai Zhenghai Magnetic Material Co., Ltd. (300224.SZ) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Yantai Zhenghai Magnetic Material 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 = 30.20%

Maximum Annual Current Ratio = 3.76

Minimum Annual Increase = -27.76%

Minimum Annual Current Ratio = 1.68

Quarterly (TTM)
Annual
YearCurrent RatioChange
20251.71-4.03%
20241.79-5.91%
20231.9013.20%
20221.680.10%
20211.68-27.76%
20202.32-19.59%
20192.89-0.50%
20182.90-22.78%
20173.7630.20%
20162.887.99%

Yantai Zhenghai Magnetic Material Co., Ltd. (300224.SZ) Average Current Ratio

How has 300224.SZ Current Ratio performed in the past?

The current Current Ratio of Yantai Zhenghai Magnetic Material Co., Ltd. (300224.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

1.80

5-year avg

1.75

10-year avg

2.35

Yantai Zhenghai Magnetic Material Co., Ltd. (300224.SZ) Current Ratio vs. Peers

How is 300224.SZ’s Current Ratio compared to its peers?

Yantai Zhenghai Magnetic Material Co., Ltd.’s Current Ratio is less than Wuhan Raycus Fiber Laser Technologies Co.,Ltd. (2.74), less than Shenzhen JPT Opto-Electronics Co., Ltd. (1.93), greater than Nanya New Material Technology Co.,Ltd (1.36), less than Jones Tech PLC (3.70), less than Suntak Technology Co.,Ltd. (1.89), less than OPT Machine Vision Tech Co., Ltd. (4.61), greater than Hua Ying Technology (Group) Co.,Ltd. (0.42), greater than Shenzhen Mason Technologies Co.,Ltd (1.20), greater than MLS Co., Ltd (1.32), less than Beijing Zhong Ke San Huan High-Tech Co., Ltd. (3.62),

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