300861.SZ
Price:
$14.62
Market Cap:
$9.82B
Yangling Metron New Material Inc. researches, develops, manufactures, and sells electroplated diamond wires and tools. The company's diamond wires are used in various applications, including silicon slicing, crystal and magnetic material cutting, and sapphire cutting and squaring. It has strategic partnership agreements with GCL-Poly, JinkoSolar, Longi, etc. The company was founded in 2015 and is based in Yangling, China.
Industry
Industrial - Machinery
IPO Date
2020-08-24
Stock Exchange
SHZ
Ticker
300861.SZ
According to Yangling Metron New Material Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 10.09. This represents a change of -12.07% compared to the average of 11.47 of the last 4 quarters.
The mean historical Current Ratio of Yangling Metron New Material Inc. over the last ten years is 11.01. The current 10.09 Current Ratio has changed 9.06% with respect to the historical average. Over the past ten years (40 quarters), 300861.SZ's Current Ratio was at its highest in in the December 2020 quarter at 17.60. The Current Ratio was at its lowest in in the March 2017 quarter at 0.
Average
11.01
Median
5.60
Minimum
1.73
Maximum
44.18
Discovering the peaks and valleys of Yangling Metron New Material Inc. 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 = 274.17%
Maximum Annual Current Ratio = 44.18
Minimum Annual Increase = -96.09%
Minimum Annual Current Ratio = 1.73
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 14.23 | 119.14% |
| 2023 | 6.49 | 70.36% |
| 2022 | 3.81 | -64.48% |
| 2021 | 10.73 | -39.05% |
| 2020 | 17.60 | 274.17% |
| 2019 | 4.71 | 3.87% |
| 2018 | 4.53 | 115.57% |
| 2017 | 2.10 | 21.64% |
| 2016 | 1.73 | -96.09% |
The current Current Ratio of Yangling Metron New Material Inc. (300861.SZ) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
8.18
5-year avg
10.57
10-year avg
11.01
Yangling Metron New Material Inc.’s Current Ratio is greater than PNC Process Systems Co., Ltd. (1.25), greater than Zhejiang Jinggong Science & Technology Co., Ltd (1.88), greater than Guangdong Yizumi Precision Machinery Co.,Ltd. (1.66), greater than Sanhe Tongfei Refrigeration Co., Ltd. (2.93), greater than Zhuhai Bojay Electronics Co.,Ltd. (2.62), less than Luxin Venture Capital Group Co., Ltd. (10.84), greater than Kunshan Dongwei Technology Co.,Ltd. (1.56), greater than Sanwei Holding Group Co.,Ltd (0.42), greater than Hefei Metalforming Intelligent Manufacturing Co., Ltd. (1.42), greater than Jiangsu Guomao Reducer Co., Ltd. (2.40),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.25 | $11.15B | |
| 1.88 | $10.91B | |
| 1.66 | $11.52B | |
| 2.93 | $12.54B | |
| 2.62 | $11.76B | |
| 10.84 | $11.09B | |
| 1.56 | $10.02B | |
| 0.42 | $10.37B | |
| 1.42 | $11.24B | |
| 2.40 | $10.93B |
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