Guangdong Rongtai Industry Co.,Ltd

Guangdong Rongtai Industry Co.,Ltdverified

600589.SS

Price:

$7.27

Market Cap:

$10.28B

Guangdong Rongtai Industry Co.,Ltd produces and sells chemical materials and their products primarily in China. It provides amino polymer compounds to produce tableware, kitchenware, aviation ware, electronic, electric, computer accessories, and other household necessities. The company also offers dioctyl phthalate, a material to produce films, leatheroid, electrical wires, cables, mart-made boards, molding compounds, and plastic pastes, as well as used as softener of synthetic rubber; and dibutyl phthalate used as a plasticizer of cellulose resin and PVC, nitric acid-cellulose dope, and plasticizer and softener of natural and synthetic rubber. In addition, it provides formaldehyde to produc...[Read more]

Industry

Chemicals

IPO Date

2001-06-12

Stock Exchange

SHH

Ticker

600589.SS

The Current Ratio as of June 2025 (TTM) for Guangdong Rongtai Industry Co.,Ltd (600589.SS) is 0.55

According to Guangdong Rongtai Industry Co.,Ltd’s latest financial reports and current stock price. The company's current Current Ratio is 0.55. This represents a change of -46.57% compared to the average of 1.02 of the last 4 quarters.

Guangdong Rongtai Industry Co.,Ltd (600589.SS) Historical Current Ratio (quarterly & annually)

How has 600589.SS Current Ratio performed in the past?

The mean historical Current Ratio of Guangdong Rongtai Industry Co.,Ltd over the last ten years is 1.36. The current 0.55 Current Ratio has changed 3.92% with respect to the historical average. Over the past ten years (40 quarters), 600589.SS's Current Ratio was at its highest in in the September 2015 quarter at 2.56. The Current Ratio was at its lowest in in the September 2023 quarter at 0.20.

Quarterly (TTM)
Annual

Average

1.36

Median

1.37

Minimum

0.27

Maximum

2.08

Guangdong Rongtai Industry Co.,Ltd (600589.SS) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Guangdong Rongtai Industry 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 = 371.25%

Maximum Annual Current Ratio = 2.08

Minimum Annual Increase = -66.80%

Minimum Annual Current Ratio = 0.27

Quarterly (TTM)
Annual
YearCurrent RatioChange
20240.89-29.08%
20231.25371.25%
20220.27-66.80%
20210.80-44.34%
20201.43-21.98%
20191.8410.57%
20181.6627.95%
20171.30-36.75%
20162.05-1.09%
20152.08-15.49%

Guangdong Rongtai Industry Co.,Ltd (600589.SS) Average Current Ratio

How has 600589.SS Current Ratio performed in the past?

The current Current Ratio of Guangdong Rongtai Industry Co.,Ltd (600589.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

0.80

5-year avg

0.93

10-year avg

1.36

Guangdong Rongtai Industry Co.,Ltd (600589.SS) Current Ratio vs. Peers

How is 600589.SS’s Current Ratio compared to its peers?

Guangdong Rongtai Industry Co.,Ltd’s Current Ratio is less than Wolong Electric Group Co.,Ltd. (1.32), less than Shandong Jinjing Science and Technology Stock Co., Ltd. (1.00), less than Jiangsu Kanion Pharmaceutical Co.,Ltd. (1.82), less than Guizhou Yibai Pharmaceutical Co., Ltd. (1.84), less than Offshore Oil Engineering Co.,Ltd (1.57),

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