4905.TWO
Price:
$63.1
Market Cap:
$1.85B
Tainet Communication System Corp. provides carrier class access equipment to telecommunication companies, service operators, and business users worldwide. The company offers Ethernet access devices, fiber optics, VoIP gateway products, xDSL and analog modems, LTE routers, PON, optical transceivers, and interface converters. It also provides copper over fiber connectivity, VoIP gateway communication, xDSL Ethernet, multi service extension, railway solutions for TRA, and TDM over IP communication solutions. The company was founded in 1990 and is headquartered in Taipei City, Taiwan.
Industry
Communication Equipment
IPO Date
2007-12-31
Stock Exchange
TWO
Ticker
4905.TWO
According to Tainet Communication System Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 1.51. This represents a change of -7.05% compared to the average of 1.63 of the last 4 quarters.
The mean historical Current Ratio of Tainet Communication System Corp. over the last ten years is 30.30. The current 1.51 Current Ratio has changed 398.81% with respect to the historical average. Over the past ten years (40 quarters), 4905.TWO's Current Ratio was at its highest in in the March 2023 quarter at 17.65. The Current Ratio was at its lowest in in the December 2022 quarter at 0.
Average
30.30
Median
29.88
Minimum
1.69
Maximum
60.01
Discovering the peaks and valleys of Tainet Communication System Corp. 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 = 181.54%
Maximum Annual Current Ratio = 60.01
Minimum Annual Increase = -95.89%
Minimum Annual Current Ratio = 1.69
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.69 | -28.84% |
| 2023 | 2.38 | -95.89% |
| 2022 | 57.98 | 50.78% |
| 2021 | 38.45 | -35.92% |
| 2020 | 60.01 | 181.54% |
The current Current Ratio of Tainet Communication System Corp. (4905.TWO) 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
20.68
5-year avg
32.10
10-year avg
30.30
Tainet Communication System Corp.’s Current Ratio is less than Tailyn Technologies, Inc. (2.30), less than Axcen Photonics Corporation (8.04), less than Azion Corporation (1.65), greater than Acon Optics Communications Inc. (1.35), greater than Wha Yu Industrial Co., Ltd. (1.42), less than Onano Industrial Corp. (31.74), less than Compal Broadband Networks, Inc. (3.15), greater than Lin Horn Technology Co., Ltd. (0.98), less than Tekcore Co., Ltd (2.55), less than Epileds Technologies, Inc. (2.31),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.30 | $1.86B | |
| 8.04 | $2.23B | |
| 1.65 | $1.90B | |
| 1.35 | $1.32B | |
| 1.42 | $1.62B | |
| 31.74 | $1.67B | |
| 3.15 | $1.35B | |
| 0.98 | $1.83B | |
| 2.55 | $1.64B | |
| 2.31 | $2.09B |
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