300611.SZ
Price:
$27.57
Market Cap:
$5.82B
Zhejiang Meili High Technology Co., Ltd. provides automotive products in China. It offers suspension system springs, seat and interior springs, gearbox spring and spring assembly products, valve springs, stabilizer bars, hot coil series springs, precision springs, composite leaf springs, precision injection molded parts, fine blanking parts and elastic stamping parts, tailgate springs, and clutch arc springs. Zhejiang Meili High Technology Co., Ltd. was founded in 1990 and is headquartered in Shaoxing, China.
Industry
Manufacturing - Tools & Accessories
IPO Date
2017-02-21
Stock Exchange
SHZ
Ticker
300611.SZ
According to Zhejiang Meili High Technology Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.44. This represents a change of -4.86% compared to the average of 1.51 of the last 4 quarters.
The mean historical Current Ratio of Zhejiang Meili High Technology Co., Ltd. over the last ten years is 1.93. The current 1.44 Current Ratio has changed 7.34% with respect to the historical average. Over the past ten years (40 quarters), 300611.SZ's Current Ratio was at its highest in in the June 2017 quarter at 4.23. The Current Ratio was at its lowest in in the March 2016 quarter at 0.
Average
1.93
Median
1.61
Minimum
1.30
Maximum
3.01
Discovering the peaks and valleys of Zhejiang Meili High 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 = 93.92%
Maximum Annual Current Ratio = 3.01
Minimum Annual Increase = -29.50%
Minimum Annual Current Ratio = 1.30
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.62 | 12.37% |
| 2023 | 1.44 | -5.91% |
| 2022 | 1.54 | -2.12% |
| 2021 | 1.57 | 21.05% |
| 2020 | 1.30 | -18.84% |
| 2019 | 1.60 | -29.50% |
| 2018 | 2.26 | -15.26% |
| 2017 | 2.67 | 16.80% |
| 2016 | 2.29 | -24.12% |
| 2015 | 3.01 | 93.92% |
The current Current Ratio of Zhejiang Meili High Technology Co., Ltd. (300611.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
1.53
5-year avg
1.49
10-year avg
1.93
Zhejiang Meili High Technology Co., Ltd.’s Current Ratio is greater than Ningbo Daye Garden Machinery Co.,Ltd. (1.33), less than SF Diamond Co.,Ltd. (3.72), less than Shareate Tools Ltd. (1.55), less than Xianheng International Science&Technology Co., Ltd. (1.70), less than EST Tools Co., Ltd (7.58), greater than Shenzhen Kaizhong Precision Technology Co., Ltd. (1.10), less than Zhuzhou Huarui Precision Cutting Tools Co.,Ltd (1.86), less than WindSun Science&Technology Co.,Ltd. (1.56), less than Jiangsu Tongrun Equipment Technology Co.,Ltd (1.70), less than NCS Testing Technology Co., Ltd. (2.12),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.33 | $5.75B | |
| 3.72 | $7.77B | |
| 1.55 | $7.08B | |
| 1.70 | $8.14B | |
| 7.58 | $5.49B | |
| 1.10 | $5.16B | |
| 1.86 | $7.32B | |
| 1.56 | $6.08B | |
| 1.70 | $7.40B | |
| 2.12 | $6.14B |
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