300747.SZ
Price:
$25.22
Market Cap:
$14.16B
Wuhan Raycus Fiber Laser Technologies Co.,Ltd. researches, develops, produces, and sells high power fiber lasers and devices in the People's Republic of China. It offers single and multi-module CW fiber, QCW fiber, high-power pulsed fiber, Q-switched pulse fiber, MOPA fiber, fiber delivered direct diode, and welding fiber lasers. The company's products are used in various applications, such as cutting, welding, cleaning, marking, quenching/cladding, and precision processing. It also exports its products to Asia, Europe, the United States, the Middle East, and internationally. The company was founded in 2007 and is headquartered in Wuhan, the People's Republic of China.
Industry
Hardware, Equipment & Parts
IPO Date
2018-06-25
Stock Exchange
SHZ
Ticker
300747.SZ
According to Wuhan Raycus Fiber Laser Technologies Co.,Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 2.25. This represents a change of 2.99% compared to the average of 2.19 of the last 4 quarters.
The mean historical Current Ratio of Wuhan Raycus Fiber Laser Technologies Co.,Ltd. over the last ten years is 2.92. The current 2.25 Current Ratio has changed 7.63% with respect to the historical average. Over the past ten years (40 quarters), 300747.SZ's Current Ratio was at its highest in in the September 2018 quarter at 8.97. The Current Ratio was at its lowest in in the March 2017 quarter at 0.
Average
2.92
Median
2.23
Minimum
1.37
Maximum
7.55
Discovering the peaks and valleys of Wuhan Raycus Fiber Laser Technologies 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 = 151.59%
Maximum Annual Current Ratio = 7.55
Minimum Annual Increase = -43.25%
Minimum Annual Current Ratio = 1.37
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 2.14 | 19.54% |
| 2023 | 1.79 | -0.06% |
| 2022 | 1.79 | -22.92% |
| 2021 | 2.33 | -22.19% |
| 2020 | 2.99 | -30.22% |
| 2019 | 4.28 | -43.25% |
| 2018 | 7.55 | 151.59% |
| 2017 | 3.00 | 54.01% |
| 2016 | 1.95 | 42.42% |
| 2015 | 1.37 | -33.58% |
The current Current Ratio of Wuhan Raycus Fiber Laser Technologies Co.,Ltd. (300747.SZ) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
1.91
5-year avg
2.21
10-year avg
2.92
Wuhan Raycus Fiber Laser Technologies Co.,Ltd.’s Current Ratio is less than Shenzhen JPT Opto-Electronics Co., Ltd. (2.67), greater than Yantai Zhenghai Magnetic Material Co., Ltd. (1.81), greater than Nanya New Material Technology Co.,Ltd (1.45), greater than Suntak Technology Co.,Ltd. (1.93), less than OPT Machine Vision Tech Co., Ltd. (6.08), less than Circuit Fabology Microelectronics Equipment Co.,Ltd. (3.37), greater than Wuhu Token Sciences Co., Ltd. (1.14), less than Jones Tech PLC (3.58), less than Fujian Torch Electron Technology Co., Ltd. (3.37), less than Beijing Highlander Digital Technology Co., Ltd. (3.90),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.67 | $14.53B | |
| 1.81 | $13.09B | |
| 1.45 | $15.02B | |
| 1.93 | $14.39B | |
| 6.08 | $14.15B | |
| 3.37 | $15.17B | |
| 1.14 | $15.29B | |
| 3.58 | $12.48B | |
| 3.37 | $14.62B | |
| 3.90 | $12.75B |
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