600117.SS
Price:
$2.9
Market Cap:
$9.44B
Xining Special Steel Co., Ltd. engages in the smelting and rolling of special steel products in China. The company provides carbon structure steel, carbon steel, composite steel, composite steel, bearing steel, die steel, stainless steel, and spring steel products. It is also involved in the coal coking, and real estate development businesses. The company's products are used in various industries, such as automotive, railway, new energy, construction machinery, coal machine, drilling tools, wear resistant, bearing, petroleum machinery, and chemical general machinery. Xining Special Steel Co., Ltd. is based in Xining, China.
Industry
Steel
IPO Date
1997-10-15
Stock Exchange
SHH
Ticker
600117.SS
According to XiNing Special Steel Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 0.61. This represents a change of -7.49% compared to the average of 0.66 of the last 4 quarters.
The mean historical Current Ratio of XiNing Special Steel Co., Ltd. over the last ten years is 0.55. The current 0.61 Current Ratio has changed 11.02% with respect to the historical average. Over the past ten years (40 quarters), 600117.SS's Current Ratio was at its highest in in the December 2023 quarter at 1.01. The Current Ratio was at its lowest in in the June 2016 quarter at 0.27.
Average
0.55
Median
0.48
Minimum
0.34
Maximum
1.01
Discovering the peaks and valleys of XiNing Special Steel 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 = 131.98%
Maximum Annual Current Ratio = 1.01
Minimum Annual Increase = -32.72%
Minimum Annual Current Ratio = 0.34
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.68 | -32.72% |
| 2023 | 1.01 | 131.98% |
| 2022 | 0.43 | -20.62% |
| 2021 | 0.55 | 7.73% |
| 2020 | 0.51 | -25.13% |
| 2019 | 0.68 | 57.60% |
| 2018 | 0.43 | -3.42% |
| 2017 | 0.45 | 14.60% |
| 2016 | 0.39 | 14.34% |
| 2015 | 0.34 | -9.18% |
The current Current Ratio of XiNing Special Steel Co., Ltd. (600117.SS) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages
3-year avg
0.71
5-year avg
0.64
10-year avg
0.55
XiNing Special Steel Co., Ltd.’s Current Ratio is less than Fushun Special Steel Co.,LTD. (1.46), greater than Gansu Jiu Steel Group Hongxing Iron & Steel Co.,Ltd. (0.30), greater than Sansteel MinGuang Co.,Ltd.,Fujian (0.58), greater than Anyang Iron and Steel Co., Ltd. (0.55), less than Tianjin You Fa Steel Pipe Group Stock Co., Ltd. (1.19), less than Jiangsu ToLand Alloy Co.,Ltd (2.84), greater than Shanying International Holdings Co.,Ltd (0.44), less than Jiangsu Shagang Co., Ltd. (1.21), greater than Bengang Steel Plates Co., Ltd. (0.40), greater than Chongqing Iron & Steel Company Limited (0.32),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.46 | $10.30B | |
| 0.30 | $10.21B | |
| 0.58 | $11.88B | |
| 0.55 | $6.66B | |
| 1.19 | $8.90B | |
| 2.84 | $10.74B | |
| 0.44 | $9.94B | |
| 1.21 | $12.90B | |
| 0.40 | $12.35B | |
| 0.32 | $13.18B |
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