300412.SZ
Price:
$5.34
Market Cap:
$2.66B
Zhejiang Canaan Technology Co., Ltd. engages in the development, manufacture, and marketing of pharmaceutical equipment in China. The company offers OSD products, such as dispensing, high shear mixer, roller compactor, fluid bed, mill, pelleting, lender, pharma lifter, tablet press, coater, capsule filling, washing machine, and pharma bin and series parts, as well as OEB equipment and isolators, R&D machines, APIs, packaging, water systems, extraction and reactor, and warehouse products. It primarily serves pharmaceutical industry. Zhejiang Canaan Technology Co., Ltd. was founded in 2000 and is based in Wenzhou, China.
Industry
Industrial - Machinery
IPO Date
2014-12-31
Stock Exchange
SHZ
Ticker
300412.SZ
According to Zhejiang Canaan Technology Limited’s latest financial reports and current stock price. The company's current Current Ratio is 1.37. This represents a change of -2.78% compared to the average of 1.41 of the last 4 quarters.
The mean historical Current Ratio of Zhejiang Canaan Technology Limited over the last ten years is 1.93. The current 1.37 Current Ratio has changed 7.00% with respect to the historical average. Over the past ten years (40 quarters), 300412.SZ's Current Ratio was at its highest in in the September 2016 quarter at 3.76. The Current Ratio was at its lowest in in the September 2024 quarter at 1.31.
Average
1.93
Median
1.76
Minimum
1.34
Maximum
3.22
Discovering the peaks and valleys of Zhejiang Canaan Technology Limited 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 = 21.28%
Maximum Annual Current Ratio = 3.22
Minimum Annual Increase = -30.45%
Minimum Annual Current Ratio = 1.34
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.40 | 4.11% |
| 2023 | 1.34 | -3.70% |
| 2022 | 1.39 | -21.07% |
| 2021 | 1.76 | 10.60% |
| 2020 | 1.59 | -8.82% |
| 2019 | 1.75 | -8.67% |
| 2018 | 1.91 | -14.45% |
| 2017 | 2.24 | -30.45% |
| 2016 | 3.22 | 21.28% |
| 2015 | 2.65 | -24.47% |
The current Current Ratio of Zhejiang Canaan Technology Limited (300412.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
1.38
5-year avg
1.50
10-year avg
1.93
Zhejiang Canaan Technology Limited’s Current Ratio is less than Zhejiang Meilun Elevator Co., Ltd. (2.22), less than Wuxi Lihu Corporation Limited. (2.04), greater than Guangzhou Tech-Long Packaging Machinery Co.,Ltd. (1.16), less than Changzhou Shenli Electrical Machine Incorporated Company (1.54), greater than Suzhou Harmontronics Automation Technology Co., Ltd (0.74), greater than Shanghai Supezet Engineering Technology Corp., Ltd. (1.10), greater than Kehua Holdings Co., Ltd. (1.30), less than ZHEJIANG DIBAY ELECTRIC CO.,Ltd. (4.27), less than Ningbo Lian Technology Co Ltd (2.55), greater than Ningbo Lehui International Engineering Equipment Co.,Ltd (1.27),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.22 | $2.68B | |
| 2.04 | $2.58B | |
| 1.16 | $3.08B | |
| 1.54 | $2.43B | |
| 0.74 | $2.54B | |
| 1.10 | $2.76B | |
| 1.30 | $2.63B | |
| 4.27 | $2.72B | |
| 2.55 | $2.80B | |
| 1.27 | $2.87B |
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