301128.SZ
Price:
$83.93
Market Cap:
$8.68B
ShenZhen QiangRui Precision Technology Co., Ltd. engages in the research and development, design, production, and sales of tooling, and testing jigs and equipment in China. It offers automation and test equipment, as well as non-standard automation equipment. The company is also involved in the precision machinery business, as well as provision of professional services. The company was founded in 2005 and is based in Shenzhen, China.
Industry
Industrial - Machinery
IPO Date
2021-11-10
Stock Exchange
SHZ
Ticker
301128.SZ
According to ShenZhen QiangRui Precision Technology Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.73. This represents a change of -6.13% compared to the average of 1.84 of the last 4 quarters.
The mean historical Current Ratio of ShenZhen QiangRui Precision Technology Co., Ltd. over the last ten years is 4.37. The current 1.73 Current Ratio has changed 3.86% with respect to the historical average. Over the past ten years (40 quarters), 301128.SZ's Current Ratio was at its highest in in the December 2021 quarter at 10.25. The Current Ratio was at its lowest in in the March 2021 quarter at 0.
Average
4.37
Median
3.25
Minimum
1.49
Maximum
10.25
Discovering the peaks and valleys of ShenZhen QiangRui Precision 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 = 116.20%
Maximum Annual Current Ratio = 10.25
Minimum Annual Increase = -53.73%
Minimum Annual Current Ratio = 1.49
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 2.14 | -42.62% |
| 2023 | 3.74 | -53.73% |
| 2022 | 8.08 | -21.23% |
| 2021 | 10.25 | 116.20% |
| 2020 | 4.74 | 71.35% |
| 2019 | 2.77 | 55.84% |
| 2018 | 1.78 | 19.51% |
The current Current Ratio of ShenZhen QiangRui Precision Technology Co., Ltd. (301128.SZ) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
4.65
5-year avg
5.79
10-year avg
4.37
ShenZhen QiangRui Precision Technology Co., Ltd.’s Current Ratio is greater than Kunshan Dongwei Technology Co.,Ltd. (1.56), less than Ningbo Haitian Precision Machinery Co.,Ltd. (1.81), greater than Suzhou TZTEK Technology Co., Ltd (1.48), less than Zhejiang Jinggong Science & Technology Co., Ltd (1.88), less than Fujian Longxi Bearing (Group) Co., Ltd (4.59), less than Luxin Venture Capital Group Co., Ltd. (10.84), less than Yindu Kitchen Equipment Co., Ltd (2.17), greater than Ongoal Technology Co., Ltd. (1.30), less than Zhuhai Bojay Electronics Co.,Ltd. (2.62), less than Chengdu Leejun Industrial Co., Ltd. (3.87),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.56 | $10.40B | |
| 1.81 | $10.05B | |
| 1.48 | $10.47B | |
| 1.88 | $11.36B | |
| 4.59 | $11.26B | |
| 10.84 | $11.41B | |
| 2.17 | $10.49B | |
| 1.30 | $10.08B | |
| 2.62 | $11.77B | |
| 3.87 | $12.26B |
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