600589.SS
Price:
$7.23
Market Cap:
$10.73B
Dawei Technology (Guangdong) Group Co., Ltd. engages in the provision of chemical materials and internet integrated services. The chemical materials business includes production and sale of chemical materials such as amino polymer composite materials, phthalic anhydride, dibutyl phthalate, urotropine, LG bright resin powder, dioctyl phthalate, formaldehyde, fumaric acid, and plasticizer. The internet integrated services business includes internet data center, cloud computing, and content distribution network. The company was founded on December 25, 1997 and is headquartered in Jieyang, China.
Industry
Chemicals
IPO Date
2001-06-12
Stock Exchange
SHH
Ticker
600589.SS
According to Dawei Technology (Guangdong) Group Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 0.51. This represents a change of -19.37% compared to the average of 0.63 of the last 4 quarters.
The mean historical Current Ratio of Dawei Technology (Guangdong) Group Co., Ltd. over the last ten years is 1.36. The current 0.51 Current Ratio has changed 3.65% 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 March 2017 quarter at 2.12. The Current Ratio was at its lowest in in the September 2023 quarter at 0.20.
Average
1.36
Median
1.37
Minimum
0.27
Maximum
2.08
Discovering the peaks and valleys of Dawei Technology (Guangdong) Group 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
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.89 | -29.08% |
| 2023 | 1.25 | 371.25% |
| 2022 | 0.27 | -66.80% |
| 2021 | 0.80 | -44.34% |
| 2020 | 1.43 | -21.98% |
| 2019 | 1.84 | 10.57% |
| 2018 | 1.66 | 27.95% |
| 2017 | 1.30 | -36.75% |
| 2016 | 2.05 | -1.09% |
| 2015 | 2.08 | -15.49% |
The current Current Ratio of Dawei Technology (Guangdong) Group 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
Dawei Technology (Guangdong) Group Co., Ltd.’s Current Ratio is less than Jiangsu Zhengdan Chemical Industry Co., Ltd. (35.77), less than Anhui Jinhe Industrial Co.,Ltd. (3.02), less than North Chemical Industries Co., Ltd. (2.18), less than Shanghai Chlor-Alkali Chemical Co., Ltd. (1.10), less than Lier Chemical Co.,LTD. (1.30), less than Guangdong Orient Zirconic Ind Sci & Tech Co.,Ltd (2.32), less than Snowsky Salt Industry Group Co., Ltd. (1.64), less than Zhejiang Communications Technology Co., Ltd. (1.08), less than Nantong Jiangshan Agrochemical & Chemicals Co.,Ltd. (1.16), less than Sanxiang Advanced Materials Co., Ltd. (1.25),
| Company | Current Ratio | Market cap |
|---|---|---|
| 35.77 | $9.33B | |
| 3.02 | $11.42B | |
| 2.18 | $9.15B | |
| 1.10 | $10.47B | |
| 1.30 | $10.69B | |
| 2.32 | $9.39B | |
| 1.64 | $9.65B | |
| 1.08 | $10.71B | |
| 1.16 | $10.46B | |
| 1.25 | $15.07B |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Dawei Technology (Guangdong) Group Co., Ltd. using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Dawei Technology (Guangdong) Group Co., Ltd. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is Dawei Technology (Guangdong) Group Co., Ltd.'s Current Ratio?
How is the Current Ratio calculated for Dawei Technology (Guangdong) Group Co., Ltd. (600589.SS)?
What is the highest Current Ratio for Dawei Technology (Guangdong) Group Co., Ltd. (600589.SS)?
What is the 3-year average Current Ratio for Dawei Technology (Guangdong) Group Co., Ltd. (600589.SS)?
What is the 5-year average Current Ratio for Dawei Technology (Guangdong) Group Co., Ltd. (600589.SS)?
How does the current Current Ratio for Dawei Technology (Guangdong) Group Co., Ltd. (600589.SS) compare to its historical average?