300509.SZ
Price:
$12.35
Market Cap:
$3.66B
Jiangsu Newamstar Packaging Machinery Co., Ltd. engages in the research and development, manufacture, and sale of beverage packaging machinery in China and internationally. The company offers pretreatment systems, including water treatment, processing, UHT, CIP, COP/SOP, and disinfectant blending systems, as well as carbon mixers; Starbloc, bottled water, big container combiblock; container, aseptic, ultra-clean, CSD, hot-fill, and non-beverage combiblocks; blowing systems, such as bottle, container, and gallon blowers; and aseptic, ultra-clean, hot, water, gallon-water, CSD, liquor, condiment, edible oil, and daily chemical product filling systems. It also provides secondary packaging syste...[Read more]
Industry
Industrial - Machinery
IPO Date
2016-04-25
Stock Exchange
SHZ
Ticker
300509.SZ
According to Jiangsu Newamstar Packaging Machinery Co.,Ltd’s latest financial reports and current stock price. The company's current Current Ratio is 1.22. This represents a change of 0.19% compared to the average of 1.22 of the last 4 quarters.
The mean historical Current Ratio of Jiangsu Newamstar Packaging Machinery Co.,Ltd over the last ten years is 1.39. The current 1.22 Current Ratio has changed 8.72% with respect to the historical average. Over the past ten years (40 quarters), 300509.SZ's Current Ratio was at its highest in in the December 2016 quarter at 1.84. The Current Ratio was at its lowest in in the September 2024 quarter at 1.15.
Average
1.39
Median
1.33
Minimum
1.21
Maximum
1.84
Discovering the peaks and valleys of Jiangsu Newamstar Packaging Machinery 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 = 39.61%
Maximum Annual Current Ratio = 1.84
Minimum Annual Increase = -18.84%
Minimum Annual Current Ratio = 1.21
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.21 | -4.82% |
| 2023 | 1.27 | -3.56% |
| 2022 | 1.32 | 1.66% |
| 2021 | 1.30 | -3.35% |
| 2020 | 1.34 | -2.58% |
| 2019 | 1.38 | -0.21% |
| 2018 | 1.38 | -7.77% |
| 2017 | 1.50 | -18.84% |
| 2016 | 1.84 | 39.61% |
| 2015 | 1.32 | 7.04% |
The current Current Ratio of Jiangsu Newamstar Packaging Machinery Co.,Ltd (300509.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
1.27
5-year avg
1.29
10-year avg
1.39
Jiangsu Newamstar Packaging Machinery Co.,Ltd’s Current Ratio is less than IFE Elevators Co., Ltd. (1.81), less than Zhejiang Tederic Machinery Co., Ltd. (1.68), less than Guangdong Yangshan United Precision Manufacturing Co., Ltd. (1.56), less than Zhejiang Weigang Technology Co., Ltd. (2.27), less than Qingdao Daneng Environmental Protection Equipment Co., Ltd. (1.28), less than Jiangsu Tongda Power Technology Co.,Ltd. (2.16), greater than Linzhou Heavy Machinery Group Co.,Ltd (0.63), less than ZHEJIANG DIBAY ELECTRIC CO.,Ltd. (4.27), greater than Shanghai Tianyong Engineering Co., Ltd. (0.94), less than Tanac Automation Co., Ltd. (1.70),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.81 | $3.13B | |
| 1.68 | $2.89B | |
| 1.56 | $4.09B | |
| 2.27 | $2.95B | |
| 1.28 | $2.93B | |
| 2.16 | $2.76B | |
| 0.63 | $3.03B | |
| 4.27 | $2.72B | |
| 0.94 | $3.08B | |
| 1.70 | $3.03B |
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