600416.SS
Price:
$13.39
Market Cap:
$18.01B
Xiangtan Electric Manufacturing Co. Ltd. manufactures and sells electrical products in China and internationally. The company offers AC and DC motors, urban rail transit equipment, industrial water pump, electric control equipment, electric vehicle drive system, and ship electric propulsion system, as well as wind turbine products. It serves defense, electric power, energy, mining, transportation, chemical, light, water conservancy, and other construction industries. Xiangtan Electric Manufacturing Co. Ltd. was founded in 1936 and is based in Xiangtan, China.
Industry
Industrial - Machinery
IPO Date
2002-07-18
Stock Exchange
SHH
Ticker
600416.SS
According to Xiangtan Electric Manufacturing Co. Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.93. This represents a change of 9.35% compared to the average of 1.76 of the last 4 quarters.
The mean historical Current Ratio of Xiangtan Electric Manufacturing Co. Ltd. over the last ten years is 1.30. The current 1.93 Current Ratio has changed 14.71% with respect to the historical average. Over the past ten years (40 quarters), 600416.SS's Current Ratio was at its highest in in the December 2022 quarter at 2.00. The Current Ratio was at its lowest in in the December 2019 quarter at 0.84.
Average
1.30
Median
1.17
Minimum
0.84
Maximum
2.00
Discovering the peaks and valleys of Xiangtan Electric Manufacturing 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 = 60.00%
Maximum Annual Current Ratio = 2.00
Minimum Annual Increase = -16.29%
Minimum Annual Current Ratio = 0.84
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.76 | 3.68% |
| 2023 | 1.70 | -15.25% |
| 2022 | 2.00 | 60.00% |
| 2021 | 1.25 | 18.04% |
| 2020 | 1.06 | 26.49% |
| 2019 | 0.84 | -16.29% |
| 2018 | 1.00 | -13.33% |
| 2017 | 1.15 | -1.89% |
| 2016 | 1.18 | 10.74% |
| 2015 | 1.06 | 3.16% |
The current Current Ratio of Xiangtan Electric Manufacturing Co. Ltd. (600416.SS) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.82
5-year avg
1.55
10-year avg
1.30
Xiangtan Electric Manufacturing Co. Ltd.’s Current Ratio is greater than North Navigation Control Technology Co.,Ltd. (1.60), greater than Infore Environment Technology Group Co., Ltd. (1.78), greater than Xi'an Bright Laser Technologies Co.,Ltd. (1.68), less than Beijing Dahao Technology Corp.,Ltd (2.40), greater than Estun Automation Co., Ltd (0.97), greater than Hongyuan Green Energy Co., Ltd. (0.85), less than Huaming Power Equipment Co.,Ltd (3.43), greater than Shanghai Mechanical & Electrical Industry Co.,Ltd. (1.59), greater than Kunshan Kinglai Hygienic Materials Co.,Ltd. (1.47), less than Suzhou Veichi Electric Co., Ltd. (2.12),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.60 | $20.92B | |
| 1.78 | $21.76B | |
| 1.68 | $22.11B | |
| 2.40 | $19.37B | |
| 0.97 | $19.63B | |
| 0.85 | $20.39B | |
| 3.43 | $22.41B | |
| 1.59 | $23.63B | |
| 1.47 | $19.78B | |
| 2.12 | $18.79B |
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