301137.SZ
Price:
$32.62
Market Cap:
$5.88B
HIT Welding Industry Co.,Ltd engages in the research, development, production, and sales of fusion welding materials in China. The company gas shielding and submerged arc welding wires; mobile rail flash welding machines; trackless autonomous crawling arc welding robot machines; quantong stainless steel and aluminum welding wires; and arc light electric welding electrodes. The company also provides carbon steel, low alloy steel, stainless steel, aluminum alloy, nickel-based, flux-cored welding wires, as well as special welding rods, fluxes, welding strips, thermal bimetallic products, and other varieties. Its products are used in petroleum and liquefied gas pipelines, pressure vessels, conta...[Read more]
Industry
Industrial - Machinery
IPO Date
2022-03-22
Stock Exchange
SHZ
Ticker
301137.SZ
According to HIT Welding Industry Co.,Ltd’s latest financial reports and current stock price. The company's current Current Ratio is 1.83. This represents a change of -5.64% compared to the average of 1.94 of the last 4 quarters.
The mean historical Current Ratio of HIT Welding Industry Co.,Ltd over the last ten years is 1.71. The current 1.83 Current Ratio has changed 10.64% with respect to the historical average. Over the past ten years (40 quarters), 301137.SZ's Current Ratio was at its highest in in the March 2023 quarter at 2.21. The Current Ratio was at its lowest in in the March 2021 quarter at 0.
Average
1.71
Median
1.73
Minimum
1.20
Maximum
2.06
Discovering the peaks and valleys of HIT Welding Industry 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 = 67.18%
Maximum Annual Current Ratio = 2.06
Minimum Annual Increase = -20.08%
Minimum Annual Current Ratio = 1.20
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 1.97 | -1.42% |
| 2024 | 2.00 | -1.34% |
| 2023 | 2.03 | -1.78% |
| 2022 | 2.06 | 67.18% |
| 2021 | 1.23 | 3.10% |
| 2020 | 1.20 | -20.08% |
| 2019 | 1.50 | -13.21% |
| 2018 | 1.73 | 4.46% |
The current Current Ratio of HIT Welding Industry Co.,Ltd (301137.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
2.00
5-year avg
1.86
10-year avg
1.71
HIT Welding Industry Co.,Ltd’s Current Ratio is less than Atlantic China Welding Consumables, Inc. (3.19), greater than Hangzhou Youngsun Intelligent Equipment Co., Ltd. (1.40), less than Zhongnanhong Culture Group Co. Ltd. Class A (4.76), less than Power HF Co., Ltd. (3.68), greater than Guangzhou Baiyun Electric Equipment Co., Ltd. (1.20), greater than JDM JingDaMachine (Ningbo) Co.Ltd (1.82), greater than Beijing SOJO Electric Co., Ltd. (1.19), greater than Damon Technology Group Co.,Ltd. (1.56), less than Guangdong Lingxiao Pump Industry Co.,Ltd. (13.09), greater than Jiangsu Yawei Machine Tool Co., Ltd. (1.58),
| Company | Current Ratio | Market cap |
|---|---|---|
| 3.19 | $4.39B | |
| 1.40 | $5.68B | |
| 4.76 | $7.75B | |
| 3.68 | $7.92B | |
| 1.20 | $6.35B | |
| 1.82 | $5.14B | |
| 1.19 | $7.52B | |
| 1.56 | $3.89B | |
| 13.09 | $5.74B | |
| 1.58 | $4.89B |
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