600581.SS
Price:
$3.37
Market Cap:
$5.17B
XinJiang Ba Yi Iron & Steel Co.,Ltd. engages in smelting, rolling, processing, and selling steel products in China. Its principal products include hot-rolled coils, rebars, plates, wires, profiles, hot-dip galvanized coils, bars, and pickling coils. The company is based in Ürümqi, China. XinJiang Ba Yi Iron & Steel Co.,Ltd. operates as a subsidiary of Baosteel Group Xinjiang Bayi Iron and Steel Co., Ltd.
Industry
Steel
IPO Date
2002-08-16
Stock Exchange
SHH
Ticker
600581.SS
According to XinJiang Ba Yi Iron & Steel Co.,Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 0.25. This represents a change of -1.37% compared to the average of 0.26 of the last 4 quarters.
The mean historical Current Ratio of XinJiang Ba Yi Iron & Steel Co.,Ltd. over the last ten years is 0.33. The current 0.25 Current Ratio has changed 7.49% with respect to the historical average. Over the past ten years (40 quarters), 600581.SS's Current Ratio was at its highest in in the September 2017 quarter at 0.71. The Current Ratio was at its lowest in in the June 2016 quarter at 0.13.
Average
0.33
Median
0.33
Minimum
0.14
Maximum
0.53
Discovering the peaks and valleys of XinJiang Ba Yi Iron & 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 = 275.69%
Maximum Annual Current Ratio = 0.53
Minimum Annual Increase = -54.75%
Minimum Annual Current Ratio = 0.14
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.26 | -11.44% |
| 2023 | 0.29 | -13.34% |
| 2022 | 0.34 | -18.81% |
| 2021 | 0.41 | -14.15% |
| 2020 | 0.48 | 39.70% |
| 2019 | 0.34 | 8.50% |
| 2018 | 0.32 | 33.43% |
| 2017 | 0.24 | -54.75% |
| 2016 | 0.53 | 275.69% |
| 2015 | 0.14 | -54.05% |
The current Current Ratio of XinJiang Ba Yi Iron & Steel Co.,Ltd. (600581.SS) 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
0.29
5-year avg
0.36
10-year avg
0.33
XinJiang Ba Yi Iron & Steel Co.,Ltd.’s Current Ratio is less than Anyang Iron and Steel Co., Ltd. (0.55), less than Lingyuan Iron & Steel Co., Ltd. (0.44), less than Guangdong Zhongnan Iron & Steel Co., Ltd. (0.44), less than Yongjin Technology Group Co., Ltd. (1.12), less than Hang Xiao Steel Structure Co., Ltd. (1.15), less than Jiangsu LiXing General Steel Ball Co.,Ltd. (1.61), less than Friend Co.,Ltd. (1.69), less than Yangmei Chemical Co.,Ltd (0.73), less than Jiangsu Changbao Steeltube Co.,Ltd (2.08), less than KBC Corporation, Ltd. (2.54),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.55 | $6.55B | |
| 0.44 | $5.98B | |
| 0.44 | $6.37B | |
| 1.12 | $6.70B | |
| 1.15 | $6.29B | |
| 1.61 | $7.99B | |
| 1.69 | $6.32B | |
| 0.73 | $6.80B | |
| 2.08 | $7.25B | |
| 2.54 | $5.77B |
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