600255.SS
Price:
$4.08
Market Cap:
$7.37B
Anhui Xinke New Materials Co.,Ltd engages in the research and development, production, and sales of copper alloy strip products in China. The company's products include brass, iron-copper, bronze, and copper-nickel alloy bare strips and their reflow tinned strips, hot-dip tinned strips, etc., as well as frame materials, zinc white copper strips, and tin phosphor bronze belts. It also offers plastic power, cross-linked power, radiation cross-linked low-smoke halogen-free flame-retardant power, fire-resistant flame-retardant, plastic control, overhead, bare, cloth, communication, data, computer, radiation cross-linked special, shielded, UL electronic, power, and ROHS environmental protection p...[Read more]
Industry
Copper
IPO Date
2000-11-22
Stock Exchange
SHH
Ticker
600255.SS
According to Anhui Xinke New Materials Co.,Ltd’s latest financial reports and current stock price. The company's current Current Ratio is 1.06. This represents a change of 1.56% compared to the average of 1.04 of the last 4 quarters.
The mean historical Current Ratio of Anhui Xinke New Materials Co.,Ltd over the last ten years is 1.26. The current 1.06 Current Ratio has changed 8.31% with respect to the historical average. Over the past ten years (40 quarters), 600255.SS's Current Ratio was at its highest in in the December 2016 quarter at 1.80. The Current Ratio was at its lowest in in the March 2020 quarter at 0.92.
Average
1.26
Median
1.12
Minimum
0.93
Maximum
1.80
Discovering the peaks and valleys of Anhui Xinke New Materials 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 = 21.52%
Maximum Annual Current Ratio = 1.80
Minimum Annual Increase = -27.09%
Minimum Annual Current Ratio = 0.93
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.02 | 4.84% |
| 2023 | 0.97 | -7.38% |
| 2022 | 1.05 | -7.17% |
| 2021 | 1.13 | 1.73% |
| 2020 | 1.11 | 19.41% |
| 2019 | 0.93 | -25.23% |
| 2018 | 1.24 | -27.09% |
| 2017 | 1.70 | -5.20% |
| 2016 | 1.80 | 9.78% |
| 2015 | 1.64 | 21.52% |
The current Current Ratio of Anhui Xinke New Materials Co.,Ltd (600255.SS) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
1.01
5-year avg
1.05
10-year avg
1.26
Anhui Xinke New Materials Co.,Ltd’s Current Ratio is less than Jiangyin Electrical Alloy Co.,Ltd (2.00), less than Zhejiang Wansheng Co., Ltd. (1.37), less than Yechiu Metal Recycling (China) Ltd. (3.14), less than Yongjin Technology Group Co., Ltd. (1.12), less than Jiangsu LiXing General Steel Ball Co.,Ltd. (1.61), greater than Shandong Bohui Paper Industry Co., Ltd. (0.68), greater than XinJiang Ba Yi Iron & Steel Co.,Ltd. (0.25), less than Tangshan Sunfar Silicon Industries Co.,Ltd. (1.84), less than Ningbo Runhe High-Tech Materials Co., Ltd. (2.58), less than Shandong Jincheng Pharmaceutical Group Co., Ltd (1.75),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.00 | $7.80B | |
| 1.37 | $6.45B | |
| 3.14 | $6.74B | |
| 1.12 | $6.28B | |
| 1.61 | $9.59B | |
| 0.68 | $8.01B | |
| 0.25 | $5.27B | |
| 1.84 | $6.90B | |
| 2.58 | $6.05B | |
| 1.75 | $6.17B |
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