300307.SZ
Price:
$7.42
Market Cap:
$5.89B
Ningbo Cixing Co.,Ltd. manufactures and sells knitting machinery in China and internationally. Its products include flat knitting machines, steiger, circular machines, computerized shoe machines, automated shoe-making production line, automatic ironing machines, industrial robots, etc. The company also provides after-sales and technical support services. Ningbo Cixing Co.,Ltd. was founded in 1988 and is based in Ningbo, China.
Industry
Industrial - Machinery
IPO Date
2012-03-29
Stock Exchange
SHZ
Ticker
300307.SZ
According to Ningbo Cixing Co.,Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 2.27. This represents a change of 13.57% compared to the average of 2.00 of the last 4 quarters.
The mean historical Current Ratio of Ningbo Cixing Co.,Ltd. over the last ten years is 3.78. The current 2.27 Current Ratio has changed 5.90% with respect to the historical average. Over the past ten years (40 quarters), 300307.SZ's Current Ratio was at its highest in in the December 2015 quarter at 14.43. The Current Ratio was at its lowest in in the December 2023 quarter at 1.44.
Average
3.78
Median
2.24
Minimum
1.44
Maximum
14.43
Discovering the peaks and valleys of Ningbo Cixing 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 = 109.98%
Maximum Annual Current Ratio = 14.43
Minimum Annual Increase = -59.51%
Minimum Annual Current Ratio = 1.44
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.66 | 15.84% |
| 2023 | 1.44 | -6.24% |
| 2022 | 1.53 | -7.52% |
| 2021 | 1.66 | -22.61% |
| 2020 | 2.14 | -33.02% |
| 2019 | 3.20 | 36.50% |
| 2018 | 2.34 | -33.41% |
| 2017 | 3.52 | -39.84% |
| 2016 | 5.84 | -59.51% |
| 2015 | 14.43 | 109.98% |
The current Current Ratio of Ningbo Cixing Co.,Ltd. (300307.SZ) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
1.54
5-year avg
1.69
10-year avg
3.78
Ningbo Cixing Co.,Ltd.’s Current Ratio is less than Jiangsu JIXIN Wind Energy Technology Co., Ltd. (3.96), less than Wuhan Zhongyuan Huadian Science & Technology Co.,Ltd. (3.45), less than Shenzhen JT Automation Equipment Co.,Ltd (2.32), greater than Jiangsu Yawei Machine Tool Co., Ltd. (1.18), greater than Ning Xia Yin Xing Energy Co.,Ltd (0.80), greater than Beijing Chieftain Control Engineering Technology Co., Ltd. (1.47), less than Nanfang Ventilator Co., Ltd. (3.81), greater than Damon Technology Group Co.,Ltd. (1.76), greater than Top Resource Energy Co., Ltd. Class A (0.67), greater than Xuzhou Handler Special Vehicle Co., Ltd (1.95),
| Company | Current Ratio | Market cap |
|---|---|---|
| 3.96 | $4.88B | |
| 3.45 | $5.24B | |
| 2.32 | $4.52B | |
| 1.18 | $5.72B | |
| 0.80 | $5.24B | |
| 1.47 | $5.14B | |
| 3.81 | $5.09B | |
| 1.76 | $5.90B | |
| 0.67 | $4.76B | |
| 1.95 | $5.65B |
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