3686.TW
Price:
$17.6
Market Cap:
$1.35B
Danen Technology Corporation manufactures and sells solar ingots and wafers for photovoltaic applications worldwide. The company provides multi-crystalline solar wafers, ingots, and bricks; and customized OEM services. It serves solar cell companies. The company was founded in 2007 and is headquartered in Taoyuan, Taiwan.
Industry
Solar
IPO Date
2010-07-20
Stock Exchange
TAI
Ticker
3686.TW
According to Danen Technology Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 61.99. This represents a change of -24.66% compared to the average of 82.28 of the last 4 quarters.
The mean historical Current Ratio of Danen Technology Corporation over the last ten years is 32.29. The current 61.99 Current Ratio has changed 19.10% with respect to the historical average. Over the past ten years (40 quarters), 3686.TW's Current Ratio was at its highest in in the September 2024 quarter at 130.57. The Current Ratio was at its lowest in in the June 2021 quarter at 1.44.
Average
32.29
Median
8.36
Minimum
3.31
Maximum
103.36
Discovering the peaks and valleys of Danen Technology Corporation 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 = 369.96%
Maximum Annual Current Ratio = 103.36
Minimum Annual Increase = -43.46%
Minimum Annual Current Ratio = 3.31
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 70.13 | -32.14% |
| 2023 | 103.36 | 7.35% |
| 2022 | 96.28 | 369.96% |
| 2021 | 20.49 | 189.79% |
| 2020 | 7.07 | -26.79% |
| 2019 | 9.66 | 191.31% |
| 2018 | 3.31 | -0.25% |
| 2017 | 3.32 | -43.46% |
| 2016 | 5.88 | 73.20% |
| 2015 | 3.39 | -3.21% |
The current Current Ratio of Danen Technology Corporation (3686.TW) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
89.92
5-year avg
59.47
10-year avg
32.29
Danen Technology Corporation’s Current Ratio is greater than Hsinjing Holding Co., Ltd. (0.41), greater than Acmepoint Energy Services Co.,LTD (1.80), greater than Hengs Technology Co., Ltd. (0.98), greater than Power Master II Holdings. Co., Ltd. (1.10), greater than Prime Oil Chemical Service Corporation (0.84), greater than Win Win Precision Technology Co., Ltd. (3.59), greater than Falcon Power Co., Ltd. (15.74), greater than Tainergy Tech Co., Ltd. (2.24), greater than ANJI Technology Co., Ltd. (0.82), greater than Motech Industries Inc. (1.30),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.41 | $1.82B | |
| 1.80 | $1.78B | |
| 0.98 | $1.24B | |
| 1.10 | $992.44M | |
| 0.84 | $1.34B | |
| 3.59 | $2.69B | |
| 15.74 | $800.16M | |
| 2.24 | $2.98B | |
| 0.82 | $4.35B | |
| 1.30 | $6.72B |
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