300776.SZ
Price:
$59.91
Market Cap:
$16.33B
Wuhan DR Laser Technology Corp.,Ltd manufactures and sells laser equipment for solar cell applications worldwide. It offers laser ablation, laser doping, laser drilling, laser scribing, and laser repairing systems; and other products. The company was founded in 2008 and is headquartered in Wuhan, China.
Industry
Industrial - Machinery
IPO Date
2019-05-17
Stock Exchange
SHZ
Ticker
300776.SZ
According to Wuhan DR Laser Technology Corp.,Ltd’s latest financial reports and current stock price. The company's current Current Ratio is 3.17. This represents a change of 11.82% compared to the average of 2.84 of the last 4 quarters.
The mean historical Current Ratio of Wuhan DR Laser Technology Corp.,Ltd over the last ten years is 2.60. The current 3.17 Current Ratio has changed 12.12% with respect to the historical average. Over the past ten years (40 quarters), 300776.SZ's Current Ratio was at its highest in in the March 2022 quarter at 5.20. The Current Ratio was at its lowest in in the March 2018 quarter at 0.
Average
2.60
Median
2.36
Minimum
1.56
Maximum
4.99
Discovering the peaks and valleys of Wuhan DR Laser Technology Corp.,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 = 89.06%
Maximum Annual Current Ratio = 4.99
Minimum Annual Increase = -55.87%
Minimum Annual Current Ratio = 1.56
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 2.60 | 22.37% |
| 2023 | 2.12 | -38.51% |
| 2022 | 3.45 | -30.91% |
| 2021 | 4.99 | 60.07% |
| 2020 | 3.12 | 6.07% |
| 2019 | 2.94 | 89.06% |
| 2018 | 1.56 | -3.18% |
| 2017 | 1.61 | -8.92% |
| 2016 | 1.76 | -3.20% |
| 2015 | 1.82 | -55.87% |
The current Current Ratio of Wuhan DR Laser Technology Corp.,Ltd (300776.SZ) is greater than its 3-year, less than than its 5-year, and greater than its 10-year historical averages
3-year avg
2.72
5-year avg
3.26
10-year avg
2.60
Wuhan DR Laser Technology Corp.,Ltd’s Current Ratio is less than Hefei Meyer Optoelectronic Technology Inc. (3.92), greater than Shenzhen Yinghe Technology Co., Ltd (1.35), greater than Suzhou Secote Precision Electronic Co.,LTD (1.93), greater than Jack Technology Co.,Ltd (1.53), greater than Suzhou Veichi Electric Co., Ltd. (2.12), greater than Hunan Zhongke Electric Co., Ltd. (1.43), greater than Wuxi Huaguang Environment & Energy Group Co.,Ltd. (1.05), greater than Beijing Dahao Technology Corp.,Ltd (2.40), greater than Harbin Boshi Automation Co., Ltd. (2.87), greater than Shanghai Zhenhua Heavy Industries Co., Ltd. (0.97),
| Company | Current Ratio | Market cap |
|---|---|---|
| 3.92 | $18.35B | |
| 1.35 | $16.64B | |
| 1.93 | $12.13B | |
| 1.53 | $17.85B | |
| 2.12 | $16.15B | |
| 1.43 | $14.47B | |
| 1.05 | $16.16B | |
| 2.40 | $19.64B | |
| 2.87 | $17.01B | |
| 0.97 | $19.50B |
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