301120.SZ
Price:
$18.23
Market Cap:
$6.77B
Newonder Special Electric Co.,Ltd designs, manufactures, and markets transformers. Its products include dry-type transformers, including converter variable frequency speed regulation, shore power supply, oil and gas drilling, ship power, energy storage, and photovoltaic wind power transformers. The company's product's also comprise oil-immersed transformers, including energy storage, photovoltaic wind power, distribution, and other special transformers, as well as converter transformers for variable frequency speed regulation; and reactors, including synchronous switching, incoming line, outgoing, smoothing, filter, series, SVG, and other reactors. Newonder Special Electric Co.,Ltd was found...[Read more]
Industry
Hardware, Equipment & Parts
IPO Date
2022-04-19
Stock Exchange
SHZ
Ticker
301120.SZ
According to Newonder Special Electric Co.,Ltd’s latest financial reports and current stock price. The company's current Current Ratio is 11.87. This represents a change of -22.72% compared to the average of 15.36 of the last 4 quarters.
The mean historical Current Ratio of Newonder Special Electric Co.,Ltd over the last ten years is 9.72. The current 11.87 Current Ratio has changed 12.11% with respect to the historical average. Over the past ten years (40 quarters), 301120.SZ's Current Ratio was at its highest in in the June 2024 quarter at 19.80. The Current Ratio was at its lowest in in the March 2021 quarter at 0.
Average
9.72
Median
6.88
Minimum
3.63
Maximum
19.78
Discovering the peaks and valleys of Newonder Special Electric 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 = 135.23%
Maximum Annual Current Ratio = 19.78
Minimum Annual Increase = -46.83%
Minimum Annual Current Ratio = 3.63
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 18.79 | -5.01% |
| 2023 | 19.78 | 52.05% |
| 2022 | 13.01 | 135.23% |
| 2021 | 5.53 | -3.84% |
| 2020 | 5.75 | 9.40% |
| 2019 | 5.26 | 44.85% |
| 2018 | 3.63 | -46.83% |
| 2017 | 6.83 | -1.61% |
| 2016 | 6.94 | -40.72% |
| 2015 | 11.70 | 78.12% |
The current Current Ratio of Newonder Special Electric Co.,Ltd (301120.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
17.19
5-year avg
12.57
10-year avg
9.72
Newonder Special Electric Co.,Ltd’s Current Ratio is greater than Shenzhen JingQuanHua Electronics Co.,Ltd. (1.44), greater than Jiangsu Lettall Electronic Co.,Ltd (0.91), greater than Jiangsu Leike Defense Technology Co., Ltd. (2.08), greater than Nanjing Sciyon Wisdom Technology Group Co., Ltd. (2.15), greater than Yimikang Tech.Group Co., Ltd. (0.96), greater than DongHua Testing Technology Co. , Ltd. (7.77), greater than Guangzhou Zhiguang Electric Co., Ltd. (0.92), greater than WG TECH (Jiang Xi) Co., Ltd. (1.01), greater than Zhejiang Wazam New Materials Co.,LTD. (0.91), greater than Shijiazhuang Kelin Electric Co., Ltd. (1.37),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.44 | $7.17B | |
| 0.91 | $6.77B | |
| 2.08 | $11.58B | |
| 2.15 | $6.38B | |
| 0.96 | $6.33B | |
| 7.77 | $6.14B | |
| 0.92 | $6.73B | |
| 1.01 | $6.95B | |
| 0.91 | $6.08B | |
| 1.37 | $7.00B |
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