301008.SZ
Price:
$41.41
Market Cap:
$5.37B
Zhejiang Hongchang Electrical Technology Co., Ltd. focuses on the development, manufacturing, and distribution of fluid solenoid valves, water level sensors, and modular components across China. The company's diverse product range includes specialized valves for use in washing machines, dishwashers, smart toilets, and water purification systems. Additionally, they provide machine water level sensors, door locks for washing machines, high and low-pressure switches critical for water purifiers, and systems for automatic dispensing and dosing. The firm, established in 1996, is headquartered in Jinhua, China.
Industry
Industrial - Machinery
IPO Date
2021-06-11
Stock Exchange
SHZ
Ticker
301008.SZ
According to Zhejiang Hongchang Electrical Technology Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 2.29. This represents a change of -3.78% compared to the average of 2.38 of the last 4 quarters.
The mean historical Current Ratio of Zhejiang Hongchang Electrical Technology Co., Ltd. over the last ten years is 2.08. The current 2.29 Current Ratio has changed 10.91% with respect to the historical average. Over the past ten years (40 quarters), 301008.SZ's Current Ratio was at its highest in in the September 2023 quarter at 3.35. The Current Ratio was at its lowest in in the September 2019 quarter at 0.
Average
2.08
Median
2.28
Minimum
1.10
Maximum
2.96
Discovering the peaks and valleys of Zhejiang Hongchang Electrical 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 = 66.59%
Maximum Annual Current Ratio = 2.96
Minimum Annual Increase = -15.07%
Minimum Annual Current Ratio = 1.10
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 2.28 | -15.07% |
| 2024 | 2.68 | -9.48% |
| 2023 | 2.96 | 16.13% |
| 2022 | 2.55 | -6.39% |
| 2021 | 2.73 | 66.59% |
| 2020 | 1.64 | 11.38% |
| 2019 | 1.47 | 12.30% |
| 2018 | 1.31 | 19.45% |
The current Current Ratio of Zhejiang Hongchang Electrical Technology Co., Ltd. (301008.SZ) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages
3-year avg
2.64
5-year avg
2.64
10-year avg
2.08
Zhejiang Hongchang Electrical Technology Co., Ltd.’s Current Ratio is greater than Hongli Zhihui Group Co.,Ltd. (1.24), less than Beken Corporation (5.03), less than Queclink Wireless Solutions Co., Ltd. (5.50), greater than Sihui Fuji Electronics Technology Co., Ltd. (2.09), greater than Jiangsu Yangdian Science & Technology Co. Ltd. (1.96), greater than Ningbo Sunrise Elc Technology Co.,Ltd (2.28), greater than Vanjee Technology Co., Ltd. (1.95), less than Shen Zhen Australis Electronic Technology Co.,Ltd. (3.23), greater than Kunshan GuoLi Electronic Technology Co., Ltd. (2.09), greater than Ji'an Mankun Technology Co., Ltd. (1.61),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.24 | $4.92B | |
| 5.03 | $6.21B | |
| 5.50 | $5.14B | |
| 2.09 | $7.32B | |
| 1.96 | $5.18B | |
| 2.28 | $9.42B | |
| 1.95 | $4.81B | |
| 3.23 | $3.15B | |
| 2.09 | $7.33B | |
| 1.61 | $5.17B |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Zhejiang Hongchang Electrical Technology Co., Ltd. using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Zhejiang Hongchang Electrical Technology Co., Ltd. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is Zhejiang Hongchang Electrical Technology Co., Ltd.'s Current Ratio?
How is the Current Ratio calculated for Zhejiang Hongchang Electrical Technology Co., Ltd. (301008.SZ)?
What is the highest Current Ratio for Zhejiang Hongchang Electrical Technology Co., Ltd. (301008.SZ)?
What is the 3-year average Current Ratio for Zhejiang Hongchang Electrical Technology Co., Ltd. (301008.SZ)?
What is the 5-year average Current Ratio for Zhejiang Hongchang Electrical Technology Co., Ltd. (301008.SZ)?
How does the current Current Ratio for Zhejiang Hongchang Electrical Technology Co., Ltd. (301008.SZ) compare to its historical average?