600438.SS
Price:
$20.8
Market Cap:
$91.53B
Tongwei Co., Ltd. produces and sells feed products in China and internationally. It offers aquatic feed products, including grass carp, crap, crucian, catfish, tilapia, bream, bigmouth, Jiang Tuan, sturgeon, and herring feed, as well as aquatic premix; livestock feed products, such as duck and chicken feed, pig food, and premix for poultry and pigs; aquatic seed products; and medicine products, including Chinese medicine, external disinfection, topical insecticides, and oral vitamins and antibiotics. The company also provides food products, such as fresh and frozen fish, meat, pig, and duck; and farming machinery comprising sow feeders, automatic separators, heat detectors, material towers, ...[Read more]
Industry
Agricultural Farm Products
IPO Date
2004-03-02
Stock Exchange
SHH
Ticker
600438.SS
According to Tongwei Co.,Ltd’s latest financial reports and current stock price. The company's current Current Ratio is 1.24. This represents a change of 0.30% compared to the average of 1.23 of the last 4 quarters.
The mean historical Current Ratio of Tongwei Co.,Ltd over the last ten years is 1.09. The current 1.24 Current Ratio has changed 11.21% with respect to the historical average. Over the past ten years (40 quarters), 600438.SS's Current Ratio was at its highest in in the March 2023 quarter at 2.45. The Current Ratio was at its lowest in in the December 2018 quarter at 0.47.
Average
1.09
Median
1.00
Minimum
0.47
Maximum
2.08
Discovering the peaks and valleys of Tongwei 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 = 104.88%
Maximum Annual Current Ratio = 2.08
Minimum Annual Increase = -41.31%
Minimum Annual Current Ratio = 0.47
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.17 | -27.17% |
| 2023 | 1.61 | -22.60% |
| 2022 | 2.08 | 104.88% |
| 2021 | 1.01 | -11.35% |
| 2020 | 1.14 | 48.46% |
| 2019 | 0.77 | 65.22% |
| 2018 | 0.47 | -41.31% |
| 2017 | 0.79 | -19.59% |
| 2016 | 0.99 | 8.04% |
| 2015 | 0.91 | -11.70% |
The current Current Ratio of Tongwei Co.,Ltd (600438.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
1.62
5-year avg
1.40
10-year avg
1.09
Tongwei Co.,Ltd’s Current Ratio is greater than Guangdong Haid Group Co., Limited (1.20), greater than Wens Foodstuff Group Co., Ltd. (1.15), less than Jiangsu Yanghe Brewery Joint-Stock Co., Ltd. (4.07), greater than Henan Shuanghui Investment & Development Co.,Ltd. (1.07), greater than New Hope Liuhe Co.,Ltd. (0.49), less than Tsingtao Brewery Company Limited (1.59), less than Anhui Gujing Distillery Co., Ltd. (2.38), greater than Xinjiang Sayram Modern Agriculture Co., Ltd (0.88), greater than Shandong Minhe Animal Husbandry Co., Ltd. (0.77), greater than Fujian Aonong Biological Technology Group Incorporation Limited (1.02),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.20 | $89.07B | |
| 1.15 | $113.45B | |
| 4.07 | $94.53B | |
| 1.07 | $94.00B | |
| 0.49 | $41.47B | |
| 1.59 | $85.22B | |
| 2.38 | $76.41B | |
| 0.88 | $2.72B | |
| 0.77 | $3.06B | |
| 1.02 | $12.81B |
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