600592.SS
Price:
$24.58
Market Cap:
$9.82B
Fujian Longxi Bearing (Group) Co., Ltd produces and sells spherical plain bearings, tapered roller bearings, and rolling components in China and internationally. The company's principal products include deep groove ball, agricultural, and non-standard bearings; loader and fine machine gears; and stalk bearing loader gearboxes. ts products also comprise automobile mufflers, shock eliminators, maintenance-free panels, and bearing bush products; linear guide and ball screws; and rod ends. The company's products are used in loader, motor grader, digger, road roller, forklift truck, heavy truck, aerospace field, aviation, hydropower project, metallurgical machinery, port machinery, railway transp...[Read more]
Industry
Industrial - Machinery
IPO Date
2002-08-05
Stock Exchange
SHH
Ticker
600592.SS
According to Fujian Longxi Bearing (Group) Co., Ltd’s latest financial reports and current stock price. The company's current Current Ratio is 4.59. This represents a change of -1.65% compared to the average of 4.67 of the last 4 quarters.
The mean historical Current Ratio of Fujian Longxi Bearing (Group) Co., Ltd over the last ten years is 3.83. The current 4.59 Current Ratio has changed 11.88% with respect to the historical average. Over the past ten years (40 quarters), 600592.SS's Current Ratio was at its highest in in the September 2020 quarter at 5.80. The Current Ratio was at its lowest in in the June 2022 quarter at 2.23.
Average
3.83
Median
3.71
Minimum
2.81
Maximum
5.49
Discovering the peaks and valleys of Fujian Longxi Bearing (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 = 65.26%
Maximum Annual Current Ratio = 5.49
Minimum Annual Increase = -41.60%
Minimum Annual Current Ratio = 2.81
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 4.38 | 17.76% |
| 2023 | 3.72 | 15.54% |
| 2022 | 3.22 | -12.74% |
| 2021 | 3.69 | -18.57% |
| 2020 | 4.53 | 38.13% |
| 2019 | 3.28 | 16.89% |
| 2018 | 2.81 | -28.82% |
| 2017 | 3.95 | 22.98% |
| 2016 | 3.21 | -41.60% |
| 2015 | 5.49 | 65.26% |
The current Current Ratio of Fujian Longxi Bearing (Group) Co., Ltd (600592.SS) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
3.78
5-year avg
3.91
10-year avg
3.83
Fujian Longxi Bearing (Group) Co., Ltd’s Current Ratio is greater than Guangzhou Haozhi Industrial Co.,Ltd. (1.44), greater than CSG Smart Science&Technology Co.,Ltd. (1.36), greater than Taiyuan Heavy Industry Co., Ltd. (1.35), greater than Harbin Electric Corporation Jiamusi Electric Machine CO.,Ltd (1.72), greater than Jirfine Intelligent Equipment Co Ltd (2.10), greater than Shenzhen Colibri Technologies Co., Ltd. (1.62), greater than Ficont Industry (Beijing) Co., Ltd. (4.14), less than Jinlei Technology Co., Ltd. (6.83), greater than Ningbo Dechang Electrical Machinery Made Co., Ltd. (1.50), greater than Hiecise Precision Equipment Co.,Ltd. (3.29),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.44 | $11.07B | |
| 1.36 | $8.20B | |
| 1.35 | $7.69B | |
| 1.72 | $8.97B | |
| 2.10 | $8.59B | |
| 1.62 | $8.14B | |
| 4.14 | $8.82B | |
| 6.83 | $8.87B | |
| 1.50 | $8.75B | |
| 3.29 | $9.13B |
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